{"id":3118,"date":"2018-05-11T10:32:59","date_gmt":"2018-05-11T10:32:59","guid":{"rendered":"https:\/\/www.thetripleplay.net\/blog\/?p=3118"},"modified":"2018-05-14T05:27:38","modified_gmt":"2018-05-14T05:27:38","slug":"comcast-cfo-sounds-positive-on-the-prospects-of-a-deal-with-sky-plc","status":"publish","type":"post","link":"https:\/\/www.thetripleplay.net\/blog\/cable\/comcast-cfo-sounds-positive-on-the-prospects-of-a-deal-with-sky-plc\/3118\/","title":{"rendered":"Comcast\u00ae CFO Sounds Positive on the Prospects of a Deal with Sky Plc"},"content":{"rendered":"<div id=\"attachment_2936\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.thetripleplay.net\/\" rel=\"attachment wp-att-2936\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-2936\" class=\"wp-image-2936 size-medium\" title=\"Cheap Cable Packages\" src=\"https:\/\/www.thetripleplay.net\/blog\/wp-content\/uploads\/2017\/11\/Best-Internet-300x200.jpg\" alt=\"Cheap Cable And Internet Packages\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.thetripleplay.net\/blog\/wp-content\/uploads\/2017\/11\/Best-Internet-300x200.jpg 300w, https:\/\/www.thetripleplay.net\/blog\/wp-content\/uploads\/2017\/11\/Best-Internet.jpg 640w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-2936\" class=\"wp-caption-text\"><em><strong>Pay TV Broadcaster <\/strong><\/em><\/p><\/div>\n<p style=\"text-align: justify;\">It has been close to three years since Michael Cavanagh took charge at Comcast<sup>\u00ae<\/sup> as their Chief Financial Officer. Addressing a gathering at a recent investor conference held in Florida\u2019s Palm Beach, he talked about the prospects of a deal with Sky plc. While other participants of the conference were in the attendees at Deutsche Bank Media and Telecom Conference, Cavanagh appeared live in a webcast and talked about how buying stakes in the pay-TV broadcaster could boost Comcast\u2019s portfolio, which includes offering cheap cable and internet packages.<\/p>\n<p style=\"text-align: justify;\">\u201cWe don&#8217;t see [Sky] as a satellite platform. We look at [Sky] being very distinct from what we see from some of the legacy satellite players in markets that we know,\u201d he said in approval of Sky\u2019s prospects to rival other companies that provide cable bundles much like Comcast<sup>\u00ae<\/sup>. If Comcast\u2019s deal with Sky plc goes through, it will make the cable giant a rival of not just satellite providers, even the online streaming services will pose a challenge to Comcast<sup>\u00ae<\/sup>-Sky plc offerings.<\/p>\n<p style=\"text-align: justify;\">Comcast<sup>\u00ae<\/sup> provides cheap cable and internet packages for residential customers under their Xfinity<sup>\u00ae<\/sup> brand. The pay TV broadcaster has a presence in markets United Kingdom, Germany, Ireland, Australia, Italy, and even offers an over-the-top (OTT) service in Spain. Comcast<sup>\u00ae<\/sup> unveiled its plans to acquire stakes in Sky plc last week. In a digital era where streaming services pose a challenge to cable providers that offer bundle packages, there are several avenues for customers to stream programming. No wonder, Cavanagh chose to appear live in a webcast during the investor conference.<\/p>\n<div id=\"attachment_2222\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.thetripleplay.net\" rel=\"attachment wp-att-2222\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-2222\" class=\"wp-image-2222 size-medium\" title=\"Best Packages \" src=\"https:\/\/www.thetripleplay.net\/blog\/wp-content\/uploads\/2017\/02\/CenturyLink-TV-300x200.jpg\" alt=\"Best Internet Provider\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.thetripleplay.net\/blog\/wp-content\/uploads\/2017\/02\/CenturyLink-TV-300x200.jpg 300w, https:\/\/www.thetripleplay.net\/blog\/wp-content\/uploads\/2017\/02\/CenturyLink-TV.jpg 600w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-2222\" class=\"wp-caption-text\"><em><strong>High Speed Internet <\/strong><\/em><\/p><\/div>\n<p style=\"text-align: justify;\">There was also a discussion between Wall Street analysts, who questioned Comcast\u2019s bid for a satellite platform, which will limit two-interactive TV for customers. In response to such skepticism, Cavanagh said that the cable giant, NBCU, and Sky plc could synergize programming, in particular for film and sports content, and cooperate in matters of innovative technology. As an example of prospective synergies, the Comcast<sup>\u00ae<\/sup> CFO pointed out to a Sky Q box and Xfinity<sup>\u00ae<\/sup> X1 set-top-box integration, and Sky plc as a content aggregator.<\/p>\n<p style=\"text-align: justify;\">\u201cWe don&#8217;t see it [Sky] as a satellite business, but much more as an enabling technology that, as they invest in new technology, there will be other ways for people to experience that video content,\u201d Cavanagh told the investors. However, he has not commented about the prospects of a two-way bidding war between Comcast<sup>\u00ae<\/sup> and 21st Century Fox for stakes in Sky plc. Whether the best internet provider could bag the European broadcaster remains to be seen.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It has been close to three years since Michael Cavanagh took charge at Comcast\u00ae as their Chief Financial Officer. Addressing a gathering at a recent investor conference held in Florida\u2019s Palm Beach, he talked about the prospects of a deal with Sky plc. While other participants of the conference were in the attendees at Deutsche [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[68],"tags":[166,190],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Comcast\u00ae CFO Sounds Positive on the Prospects of a Deal with Sky Plc<\/title>\n<meta name=\"description\" content=\"The cable and internet packages of Comcast\u00ae are being offered to residential Xfinity\u00ae customers at an affordable cost. The best internet provider could boost their offerings if they get stakes in Sky plc, the pay-TV broadcaster with presence in some European markets. 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