SKYD GR

Sky Deutschland AG

TMT


Presented:09/18/2013
Price:€6.78
Cap:$6.52B
Current Price:€6.81
Cap:$7.07B

Presented

Date09/18/2013
Price€6.78
Market Cap$6.52B
Ent Value$6.85B
P/E RatioN/A
Book Value€0.44
Div YieldN/A
Shares O/S877.20M
Ave Daily Vol1,940,000
Short IntN/A

Current

Price€6.81
Market Cap$7.07B
Sky Deutschland AG, together with its subsidiaries, provides pay-television (TV) services in Germany and Austria. It offers a range of programs, including current feature films, new TV series, children’s programs, and documentaries, as well as live sports primarily the football Bundesliga, the UEFA Champions League, the UEFA Europa League, and DFB-Pokal. The company offers high definition services with approximately 64 channels focusing on sports and feature films. It also provides current blockbuster movies, live sports programming, and adult entertainment on pay-per-view basis to its subscribers. The company distributes its programs digitally via satellite and cable, as well as through Sky Go on the Internet; and mobile devices, such as iPads, iPhones, iPod touchs, and Xbox 360. In addition, it is involved in the purchase, sale, and distribution of rights to films, series, and TV productions; acquisition, sale, and distribution of broadcasting rights for public events; arrangement of program magazine subscriptions; and other activities associated with the operation of the pay-TV business. The company was formerly known as Premiere AG and changed its name to Sky Deutschland AG in August 2009. Sky Deutschland AG is based in Unterföhring, Germany. Sky Deutschland AG operates as a subsidiary of Twenty-First Century Fox, Inc.

Please note, Sky Deutschland AG (SKYD GR) was acquired by SKY (SKY LN) on 9/15/15.

Highlights

The presenter is long shares of Sky Deutschland on the prospect of continued success in CEO Brian Sullivan’s turnaround of the company, increasing pay TV penetration in Germany, and the potential for majority owner 21st Century Fox (FOXA) to acquire shares of the company that it doesn’t already own.

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