Watchdog finds excess Sky profit

first_imgMonday 7 February 2011 9:21 pm BRITISH Sky Broadcasting has made “excess profits” on its Sky Movies service, according to the Competition Commission. The company, which is the subject of a takeover bid from Rupert Murdoch’s News Corporation, has an exclusive deal with the six big Hollywood studios and may now be forced to lower its wholesale price to other broadcasters who want to show its ten film channels. The commission found Sky Movies had consistently earned excess profits that were disproportionate to the risks it took early on in the deals. KCS-content Share Watchdog finds excess Sky profit whatsapp Show Comments ▼ Tags: NULL whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut last_img

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