Next TV deal discussion 2028 -

[Trifili13]

I could

But won’t

Google is your friend even if I am not

I did and your same source of Statista.com has cable TV and broadcasters at 7x to 8x EBITDA so Dazn paid broadly the market rate.

 

[Wb1234]

I did and your same source of Statista.com has cable TV and broadcasters at 7x to 8x EBITDA so Dazn paid broadly the market rate.

I saw 11.7 times on average and up to 40 times for big names

But at least you know how to use google search

 

[Trifili13]

I saw 11.7 times on average and up to 40 times for big names

But at least you know how to use google search

The 11.7x is an ave for media and advertising entities which is obviously skewed as it includes entities that are not only pay tv operators. Do you honestly think that Rupert would have sold for 7x, a circa 50% discount on the average? This would suggest that Rupert was desparate to sell. The 40x as you say is for larger companies like Netflix and Disney+ but they have over 200m and 150m subscribers respectively globally compared to a small local company with less than 5m subscribers that is underpinned by a sport that half the country doesn't care about and the majority of the world has never heard of. Hardly a good comparison to then say it was undervalued at 7x.

Moral to the above, we both know how to use Google but only 1 of us knows how to interpret the data

 

[Wb1234]

The 11.7x is an ave for media and advertising entities which is obviously skewed as it includes entities that are not only pay tv operators. Do you honestly think that Rupert would have sold for 7x, a circa 50% discount on the average? This would suggest that Rupert was desparate to sell. The 40x as you say is for larger companies like Netflix and Disney+ but they have over 200m and 150m subscribers respectively globally compared to a small local company with less than 5m subscribers that is underpinned by a sport that half the country doesn't care about and the majority of the world has never heard of. Hardly a good comparison to then say it was undervalued at 7x.

Moral to the above, we both know how to use Google but only 1 of us knows how to interpret the data

Maybe as a us citizen Rupert doesn’t think owning a pay tv operator in Australia is a good use of his capital whilst obviously Dazn does

And he needs the money for the succession battle that is happening at news corp

He’s retaining six percent in Dazn and it’s hard to find out what’s that’s worth

Could be worth billions in an ipo the way it is aggressively expanding

 

[Mother Nature's Son]

Do you honestly think that Rupert would have sold for 7x, a circa 50% discount on the average? This would suggest that Rupert was desparate to sell

In all fairness though they were desperate, twice in the last few years they`d pulled IPO`s due to a lack of investor interest and even only last year the company was being valued at 2b dollars. No wonder the Herald was reporting on Rupert`s "Christmas miracle".

 

[Iamback]

In all fairness though they were desperate, twice in the last few years they`d pulled IPO`s due to a lack of investor interest and even only last year the company was being valued at 2b dollars. No wonder the Herald was reporting on Rupert`s "Christmas miracle".

Not just the Herald. A few non sport journos have claimed the deal to be overs.

Makes you wonder why they were desperate?

 

[Trifili13]

In all fairness though they were desperate, twice in the last few years they`d pulled IPO`s due to a lack of investor interest and even only last year the company was being valued at 2b dollars. No wonder the Herald was reporting on Rupert`s "Christmas miracle".

Agree. I think the numerous streaming options that people have these days and the ease with which you can switch makes owning such a business risky. The NRL must be careful to not just go with the provider that offers the most money but also balance it out with whether that provider will be around for the term of the deal so they actually get their money.

 

[Iamback]

Agree. I think the numerous streaming options that people have these days and the ease with which you can switch makes owning such a business risky. The NRL must be careful to not just go with the provider that offers the most money but also balance it out with whether that provider will be around for the term of the deal so they actually get their money.

No contracts in streaming either doesn't help

 

[Maximus]

Not just the Herald. A few non sport journos have claimed the deal to be overs.

Yeah but did they ask the self-declared expert on every topic in existence?

 

[Iamback]

Yeah but did they ask the self-declared expert on every topic in existence?

I am sure he will tell them how wrong they are with zero evidence behind it