23 maj: UPDATE: Norsk Hydro Planning To Close Australian Aluminum Plant
23 maj: PTT Exploration & Production Makes GBP1.22 Billion Cash O..
23-05-2012 08:50:00

BSkyB Gets Reprieve On Movie Business After Netflix Debut

Relateret indhold

By Max Colchester and Lilly Vitorovich

Of DOW JONES NEWSWIRES

LONDON -(Dow Jones)- The U.K.'s competition regulator said Wednesday that British Sky Broadcasting Group PLC (BSY.LN) won't have to alter its movies business as the pay-television operator's stranglehold on newly-released films has been weakened by the arrival of U.S.-based Internet movie service company Netflix Inc. (NFLX).

The Competition Commission launched an investigation into BSkyB's dominance in the U.K pay-TV movie market in 2010. In a preliminary finding last August, it concluded a lack of competition meant subscribers to Sky Movies were paying more than they should be.

However, in a revised opinion published Wednesday, the watchdog said that Netflix's arrival in the U.K. and Ireland in January led U.K.-based online-video rival Lovefilm, a unit of Amazon.com Inc. (AMZN), to cut its prices to entice customers and boost competition in the sector. The commission also changed its stance on the importance that consumers attach to watching the latest movie releases, concluding that customers actually want to access a large range of cheap films.

"Competition between providers of movie services on pay TV has changed materially and, as a result of these changes, consumers now have much greater choice," said Laura Carstensen, Chairman of the Movies on Pay TV market investigation. The competition watchdog said it would not be launching any action follow the publication of its revised opinion. Nevertheless, Carstensen said that competition in the pay-TV retail market overall is "ineffective."

In a statement, BSkyB said it noted the findings of the investigation and would continue to engage with the Competition Commission.

In its preliminary findings last year in August, the Competition Commission said it was looking to change the way BSkyB operates its Sky Movies business to allow rivals such as Virgin Media Inc. (VMED) and BT Group PLC's (BT.A.LN) BT Vision to compete on a more equal footing. At the time, the regulator said would-be rivals were unable to bid successfully against BSkyB for the rights to show movies from all six major Hollywood studios in the first subscription pay-TV window because BSkyB's large base of subscribers gave it a financial advantage.

BSkyB counts News Corp.'s (NWS) as its biggest shareholder with a 39.1% stake. News Corp. also owns Dow Jones & Co., publisher of this newswire and The Wall Street Journal.

-By Lilly Vitorovich, Dow Jones Newswires; 44-20-7842-9290; lilly.vitorovich@dowjones.com; Twitter: @LillyVitorovich

(END) Dow Jones Newswires

May 23, 2012 02:50 ET (06:50 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Aktier/ABG: Dalende oliepris er positiv for markederne

28-11-2014 16:06:56
Selv om flere selskaber lider på børserne fredag efter Opecs beslutning om ikke at sænke medlemslandenes produktion, er den faldende oliepris generelt godt for ..

Mærsk: Asien/Europa-rater dratter atter ned

28-11-2014 14:13:12
Fragtraterne på de store ruter mellem Asien og Europa daler for fjerde uge i streg. I denne uge faldt priserne med 8,7 pct. til 739 dollar per tyvefodscontainer..

Aktier/åbning: Billig olie sender Mærsk til bunden i rødt C20

28-11-2014 09:17:10
Det danske aktiemarked har fredag lagt svagt fra land. C20 Cap falder efter kort tid handel med 0,7 pct. til indeks 814,55. Torsdag endte C20 Cap-indekset margi..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Aktier/tendens: Forsat prisfald for olien sender Mærsk i fokus
2
Mærsk/Berenberg: Alt for billig - potentiale på cirka 50 pct
3
Aktier/middag: Vestas, Carlsberg og Mærsk glider i olien
4
Carlsberg: Rubelstorm øget til næsten orkan
5
Schweiz kan sende guldprisen til himmels

Relaterede aktiekurser

BT Group PLC 410,20 1,2% Stigning i aktiekurs
Ford Motor Co (DE) 15,73 0,8% Stigning i aktiekurs
Amazon.com, Inc 338,64 1,5% Stigning i aktiekurs
Netflix Inc 346,59 -1,3% Fald i aktiekurs
BT Group PLC 63,96 0,0% Fald i aktiekurs
Ford Motor 12,50 3,1% Stigning i aktiekurs

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Relaterede selskaber
Få adgang til information og anbefalinger af relaterede selskaber med PLUS pakken.

Du får adgang til 7 værdifulde investorværktøjer til investering.

Klik her og læs mere om PLUS pakken.
Euroinvestor i andre lande: Euroinvestor.com | Euroinvestor.se | Euroinvestor.no | Euroinvestor.fr | Forexinvestor.com| Wisselkoersen.nl | Valuta.se | Valutaveksel.no | Divisas.es | Valute.it
Copyright Euroinvestor A/S 2014  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
29. november 2014 08:26:17
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20141127.2 - EUROWEB6 - 2014-11-29 08:26:17 - 2014-11-29 08:26:17 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x