Well regarded Sky News TV channel is under threat

by | Nov 8, 2017 | Satellites, Seradata News

While it does not make enough money via its advertising revenues to cover its high costs, Sky News, the UK television news channel of the highly profitable Sky TV satellite, cable and on-line broadcasting operation, is very well thought of and is still regarded as a lynchpin of the Sky operation. However, it may not be around much longer.

This is because as Rupert Murdoch’s 21st Century Fox operation tries to up its 39% share holding to 100% to take over Sky, it is trying to prove to regulators such as the Competition and Markets Authority that it will not have too much media and news power in its hands if the take over goes through.  It has now threatened to shut Sky News down to facilitate this process.

This is because 21st Century Fox already operates the US-based Fox News outlet. However, while Fox News has a reputation for its right wing bias and misreporting, the UK-based Sky News has a reputation as being accurate and impartial – well except on stories involving the Murdoch family or about the Sky operation itself  (at the time of writing there was no coverage of this story on their website).  Most however accept that overall Sky News is an excellent public service which gives the likes of the BBC, ITN and CNN true competition. Unlike most of Sky’s subscription-based output, it is also a free news service available on free-to-air terrestrial channels as well as via its satellite (mainly via SES and Eutelsat satellites) and fibre subscription services.

Sky TV (formerly BSkyB) which is based at Osterley in West London makes most of its revenues from its Sky Sports broadcasting operation covering the UK and Europe along with some revenue from its movie services and entertainment channels.  More recently, as its movie service has come under threat from online on demand services, apart from moving into such services itself, Sky has also branched out into producing its own drama, comedy and arts programmes.

While Sky was initially lauded for its subscription service for Premiership football (soccer) in the UK, it later gained criticism for using its large financial resources to successively outbid free-to-view terrestrial television firms in order to take over television coverage of other sports including cricket, golf, Formula One motor racing and boxing. The net result was that viewers now have to pay to view many major sporting events which were previously free on terrestrial television.

As such, as it defends itself against such criticism, Sky may yet want to retain Sky News which can at least be shown by the company to be an example of its public service.

About Seradata

Seradata produce the renowned SpaceTrak Launch & Satellite Database. Trusted by 100 of the world’s leading Space organisations, SpaceTrak is a fully queryable database used for market analysis, failure/risk assessment, spectrum analysis and space situational awareness (SSA).

For more information go to www.seradata.com/spacetrak

Related Articles

About Rob Coppinger

Rob Coppinger is a recovering powerpoint user and engineer who mistakenly thought journalism was more glamorous than production engineering. He Read more

T+1 as Hyperbola launches itself far, far above the blogosphere

All things spaceflight industry get linked too and commented on in Hyperbola, the new blog from Flight's technical reporter Rob Read more

On-orbit propellant fever!!

Hyperbola is a technology orientated spaceflight blog from Flight technical reporter Rob Coppinger.

NASA gives public a new Dawn

Hyperbola is a technology orientated blog by flight technical reporter Rob Coppinger

While you’re waiting for that next Shuttle launch…

Hyperbola is a technology orientated spaceflight blog by Flight's technical reporter Rob Coppinger

Romania in space

Hyperbola is a technology orientated spaceflight blog by Flight technical reporter Rob Coppinger

Sputnik week’s first few news bites

Hyperbola is a technology orientated spaceflight blog by Flight technical reporter Rob Coppinger

News bites once more in this historic Sputnik week

Hyperbola is a technology orientated spaceflight blog by Flight's technical reporter Rob Coppinger

Categories

Archives