In the funny world of capitalism, a company will offer us a service hoping that we will pay for it because we think it is worth the cost. In general, the consumer is better off for having the opportunity to avail of the service. After all, if we don't want it, we simply keep our money in our pocket.
SkyTV is different...
This company buys up the broadcasting rights to popular sports and entertainment in auctions for unfeasibly large sums. In doing so, they price the free-to-air TV companies out of the market. Subsequently, SkyTV recoup the cost with huge price hkes in subscription charges. For example, recently they upped their annual subscription charge from £800 to £3000 for Oxford Uni's student common rooms.
Bearing in mind that SkyTV produce very little noteworthy content of their own, it is clear to me that the public interest would be best served if SkyTV did not exist and the restricted sports and entertainment were available on free-to-air services.
Yup, they sure do suck ass - slurp slurp.
Thursday, May 03, 2007
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