It's a business decision. FIFA knows how much SInktel paid for the EPL, why would FIFA shortsell themselves?
Maintaining the prestige of the WC brand is at stake here, and far more important than the tens of millions that Sinkapore's market can earn for them.
It is stupidity on the part of Sinktel to pay a ridiculous price for EPL and we are all paying for that mistake...
Actually isn't this the story of Sinkies lives? Forever paying for the costly mistakes of PAPPIES.
RAdm [NS] Lui Tuck Yew: The pay TV market is still evolving, we have not reached a stable equilibrium in terms of subscription to the two pay TV retailers and MDA believes that the overall development of the sector is best left to market forces.
In any case, not much of a problem for me. I only want to watch the England games and the games from quarter finals onward. There's always Malaysia and Thailand. SAF, please don't attack Malaysia this June-July.
Ha. perfect retribution. last time they always block malaysian TV3 and other malaysian channels for fear of competition like 3/4 petrol tank rule. NOW they got @ssed and have to pay through their nose(or is it @ss) for watching WC2010 and lose alot of money to FIFA. if they haven't block, we could have watch for free and they saved alot of money!!!! FIFA think alot of stupid people here(which may be correct).
pay and succumb to FIFA demands and definitely would end up looking STUPID paying ridiculous amount for such a small population of viewers. don't pay and don't get rights to watch WC2010, also looks very idiotic. Ha, ha, ha, hobson choice. checkmate!!!!!!
The following is Minister Liu's smug speech on WC2010 in Parliament on 12 Mar 2010. 2 weeks later, FIFA told him to go fly a kite.
RAdm [NS] Lui Tuck Yew:Mr Zaqy Mohamed, Mr Arthur Fong and Mr Zainudin Nordin also asked whether the Government plans to intervene in the broadcast of the forthcoming World Cup. Let me just say that I am very happy that the World Cup comes around only once every four years. [Laughter ]. We understand that SingTel and StarHub have recently made a new offer and negotiations with FIFA are still on-going. This is a commercial matter that is best left to the two pay-TV retailers and FIFA to settle. I know time is running short, we are well into the second half and approaching injury time, but we will remain hopeful that the negotiations will reach a sensible outcome.
It was a huge policy failure on the part of Minister Liu. For months, netizens had been writing about the problems of the destructive competition between Singtel and Starhub. The most prominent of these was Tan Kin Lian.
In typical PAP fashion, Minister Liu chose to ignore the comments. It was only when it affected WC 2010 and threatened to become a political issue that he took notice.
Even then, he chose to act in a leisurely fashion. He appointed an expensive consultant who came to the same conclusion as what the netizens had been saying. He then sat on it for another few months before announcing changes in the recent Parlimentary debate. The following is what he said from the Hansard.
A typical PAP MP! If he has to consult someone else everytime there is anissue then what"s the point of paying him! Again, even laypeople know the answer. The reason laypeople know the answer is because we know the situation better than this cock! :oIo:
RAdm [NS] Lui Tuck Yew: The pay TV market is still evolving, we have not reached a stable equilibrium in terms of subscription to the two pay TV retailers and MDA believes that the overall development of the sector is best left to market forces.
As usual talking cock! The entire media industry is always in a state of flux! Evolution is part of the industry.Equilibrium is non-existent in such an industry! :oIo:
This mother farker tries to use big words that actually only end up showing his deficiency on all counts!
Nonetheless, I wish to assure the House that MDA will study competition issues carefully and not hesitate to step in where necessary. We share Members’ concerns with the proliferation of exclusive carriage agreements (ECAs), a commercial practice in the pay TV market that allows pay TV retailers to lock-in premium content. In order to lock out potential competitors and differentiate their content offerings, these retailers are prepared to pay a substantial premium for exclusive rights to content. This translates to higher content acquisition costs for the retailers.
Note the lack of empathy for viewers! His concern is for SingTel and Starhub! :oIo::oIo:
If these two idiotic companies do not know how to run a business then let them die off and allow true entrepreneurs to come in.
Since SingTel’s entry into the pay TV market in July 2007, competition between SingTel and StarHub Cable Vision (SCV) has resulted in the doubling of ECAs from 64 in December 2005 to 131 today. This widespread use of ECAs between channel providers and pay TV retailers as seen in Singapore, is rare in international markets. In view of this, MDA had commissioned a study on competition issues in the pay TV market in Singapore which concluded last year. Its review of international practices showed that some countries such as the UK and France were actively exploring measures to address the issue of competition for ECAs. UK in particular has been studying the issue since 2007 and has to date not issued its final decision due to the complexities involved. Singapore, too, had to carefully consider the implications on commercial grounds as well as our international obligations.
The study also showed that the ECA-centric competition in Singapore since 2007 has resulted in both industry and consumers being negatively impacted. Firstly, content costs now constitute a significant percentage of pay TV retailers’ revenue, compared to international benchmarks. For example, SCV’s content costs to revenue ratio has risen from 40% prior to 2007 to 70% today. This is much higher than the average 40% for pay TV operators in most other countries including the US, UK and Hong Kong.
Paying $50M for EPL will surely skew the results. Only an idiot will add this to his statistics. Of course, he is trying to hoodwink consumers into worrying about two mega-idiots. This cock-talking PAP MP forgets that viewers vote him and not the two MEGA-idiots.
This brings to light the idiotic SPH Mediaworks AND Mediacorpse when they were in competition. These other two mega-idiots actually resorted to charging such low prices for advertising that both made losses! Can you imagine two idiots pricing themselves to the extent that they both made losses? :oIo:
Secondly, Singapore suffers from a high degree of content fragmentation compared to other countries. Out of 179 channels today, only seven channels are common to both SCV and SingTel. An international benchmarking exercise that we conducted using a group of 16 popular channels showed that Singapore was the only country with exclusive arrangements for all 16 channels.
Only in Singapore! Pay peanuts and you get baboons! :oIo::oIo:
MDA’s review has concluded that this situation is unlikely to self-correct in the near future and steps need to be taken to address this market failure. Arising from its review, MDA will now require pay TV retailers to cross carry each other’s content which has been acquired exclusively. Let me explain how this will work when implemented. For example, if SingTel acquires a new channel exclusively, it will have to make this channel available to StarHub’s or SCV's subscribers on SCV’s set-top box and vice-versa. This measure will allow consumers to watch an exclusive channel through their preferred pay TV retailer, regardless of which retailer acquired the rights to that channel and they will access available content from a single set-top box. Consumers would no longer require multiple set-top boxes or switch retailers each time the rights of exclusive content changes hands. This will facilitate greater consumer access to pay-TV content and re-focus competition to other aspects such as service differentiation and competitive packaging.
The following is Minister Liu's smug speech on WC2010 in Parliament on 12 Mar 2010. 2 weeks later, FIFA told him to go fly a kite.
RAdm [NS] Lui Tuck Yew:Mr Zaqy Mohamed, Mr Arthur Fong and Mr Zainudin Nordin also asked whether the Government plans to intervene in the broadcast of the forthcoming World Cup. Let me just say that I am very happy that the World Cup comes around only once every four years. [Laughter ]. We understand that SingTel and StarHub have recently made a new offer and negotiations with FIFA are still on-going. This is a commercial matter that is best left to the two pay-TV retailers and FIFA to settle. I know time is running short, we are well into the second half and approaching injury time, but we will remain hopeful that the negotiations will reach a sensible outcome.
he said injury time (oso known as added-on time) ... not xtra time ...
This whole episode smells of the last Olympics when Medicorpse went in at the 11th hour. This WC2010 is just another wayang!
Not many Singaporeans give a hoot about the last Olympics. They went in 11th hour for the PRCs in Singapore, as it's special for them, hosted in Beijing. They even got an ex-PRC to be Singapore flagbearer to emphasize the point.
he said injury time (oso known as added-on time) ... not xtra time ...
For a man who said he's never watched porn in his life, I am not surprised he's never watched a single football match in his life too. So he is just reading from a script.
He's only good a studying for exams and scoring straight As.
For a man who said he's never watched porn in his life, I am not surprised he's never watched a single football match in his life too. So he is just reading from a script.
He's only good a studying for exams and scoring straight As.