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Corporation
MOBILE & TELECOMMUNICATIONS | Telecom Services / Diversified & Bundled
sky.com

Investments

46

Portfolio Exits

12

Partners & Customers

10

Service Providers

1

About Sky

Sky (LSE: SKY) is a pan-European entertainment and communications business. Sky specializes in retailing pay television services both in the home and on the move. The company also offers customers broadband and telephony products, including internet via DSL, fiber and WiFi, and has recently established a mobile offering.

Headquarters Location

Grant Way, Isleworth

London, England, TW7 5QD,

United Kingdom

+44 (0) 333 100 0333

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Latest Sky News

RTS Cambridge: Sky CEO discusses IP move

Sep 21, 2023

September 21, 2023 12.54 Europe/London Credit: Richard Kendal/RTS Sky CEO Dana Strong has told the Royal Television Society Cambridge Convention the “vast majority” of new customers to the Sky platform are taking one of its new IP products. Eight out of ten of them are new to Sky. Customers have a choice of the established Sky Q product and accompanying satellite dish, the Sky Glass integrated streaming TV or the standalone Sky Stream. Strong said Sky and its new Entertainment OS that feeds both the streaming products offered a very different integration of the PSB services, with their apps deeply integrated, alongside the major apps like Netflix, Amazon and Apple. “By bringing all of that content to exist on one interface, I guess you would say, where that content is democratized, it means that customers don’t have to go into an app search and search and shirts and go into a different app and search and search. It’s all there. And it accelerates really the speed to accessing your content, your speed to joy.” Strong confirmed there were no immediate plans to switch off the established satellite service: “We have millions of customers that love their service on the satellite dish with a Q platform… We have no desire to disrupt them, but we want to give the customers the choice.” Strong said she was “pretty delighted” with the performance of Sky Glass. In July, the 55-inch model was the best-selling in the UK, while for the full year Sky Glass was the fastest-selling 65-inch UHD. Looking at Sky’s international markets, Strong described them as being on “different points of the maturity curve”. The UK customer was pitched a fully integrated suite of services from the original TV service through to home insurance while Italy was at the halfway point.” “Germany has been a notoriously difficult market for pay-TV. I think everybody knows that the German consumer has always gravitated towards free content. What’s amazing is that in Germany, there’s never been a bigger, better time for pay -V in Germany, right? We’re at a peak in terms of paying households. It’s gone up by 60% in the last five years. So and that’s really as a result of a lot of growth and streaming.” Stong said Sky had “locked in” a new management team for Germany and was clear-minded about what it wanted to achieve there.

Sky Investments

46 Investments

Sky has made 46 investments. Their latest investment was in Papercup as part of their Seed VC on December 12, 2020.

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Sky Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/10/2020

Seed VC

Papercup

$10.62M

Yes

10

5/7/2020

Corporate Minority

Longboat Pictures

Yes

1

11/11/2019

Series A

Flavourworks

$3.87M

Yes

8

8/7/2019

Corporate Minority

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10

5/9/2019

Series C - II

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10

Date

12/10/2020

5/7/2020

11/11/2019

8/7/2019

5/9/2019

Round

Seed VC

Corporate Minority

Series A

Corporate Minority

Series C - II

Company

Papercup

Longboat Pictures

Flavourworks

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Amount

$10.62M

$3.87M

New?

Yes

Yes

Yes

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Co-Investors

Sources

10

1

8

10

10

Sky Portfolio Exits

12 Portfolio Exits

Sky has 12 portfolio exits. Their latest portfolio exit was Flavourworks on August 09, 2023.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

8/9/2023

Acquired

$99M

1

12/9/2021

Acquired

$99M

2

11/9/2021

Acquired

$99M

7

2/9/2021

Merger

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$99M

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10

12/21/2020

Acquired

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$99M

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10

Date

8/9/2023

12/9/2021

11/9/2021

2/9/2021

12/21/2020

Exit

Acquired

Acquired

Acquired

Merger

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

1

2

7

10

10

Sky Acquisitions

12 Acquisitions

Sky acquired 12 companies. Their latest acquisition was Watch4 on January 31, 2020.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/31/2020

$99M

Acquired

1

11/7/2018

$99M

Acquired Unit

1

9/14/2017

$99M

Acquired

1

3/31/2017

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$99M

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10

1/23/2017

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$99M

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10

Date

1/31/2020

11/7/2018

9/14/2017

3/31/2017

1/23/2017

Investment Stage

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acquired

Acquired Unit

Acquired

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Sources

1

1

1

10

10

Sky Partners & Customers

10 Partners and customers

Sky has 10 strategic partners and customers. Sky recently partnered with rugby world cup on August 8, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

8/8/2023

Licensor

Stuff, Sky team up again to bring fans live coverage of Rugby World Cup 2023

`` Sky customers will have access to all 48 Rugby World Cup 2023 matches live on Sky Sport and Sky , and our partnership with Stuff is a brilliant way to increase access and engagement for fans across the country during the tournament .

1

7/7/2023

Licensor

United States

Warner Bros. Discovery Gives Itself Max Options as It Renews New Zealand Supply Deal With Sky

`` This renewed deal reflects the long-standing partnership between Sky and Warner Bros. .

1

7/7/2023

Licensor

United States

Sky and Warner Bros. Discovery extend HBO New Zealand partnership

`` This renewed deal reflects the long-standing partnership between Sky and Warner Bros. .

1

7/7/2023

Licensor

Switzerland

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10

7/6/2023

Partner

United Kingdom

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10

Date

8/8/2023

7/7/2023

7/7/2023

7/7/2023

7/6/2023

Type

Licensor

Licensor

Licensor

Licensor

Partner

Business Partner

Country

United States

United States

Switzerland

United Kingdom

News Snippet

Stuff, Sky team up again to bring fans live coverage of Rugby World Cup 2023

`` Sky customers will have access to all 48 Rugby World Cup 2023 matches live on Sky Sport and Sky , and our partnership with Stuff is a brilliant way to increase access and engagement for fans across the country during the tournament .

Warner Bros. Discovery Gives Itself Max Options as It Renews New Zealand Supply Deal With Sky

`` This renewed deal reflects the long-standing partnership between Sky and Warner Bros. .

Sky and Warner Bros. Discovery extend HBO New Zealand partnership

`` This renewed deal reflects the long-standing partnership between Sky and Warner Bros. .

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Sources

1

1

1

10

10

Sky Service Providers

1 Service Provider

Sky has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Acquired

Investment Bank

Financial Advisor

Service Provider

Associated Rounds

Acquired

Provider Type

Investment Bank

Service Type

Financial Advisor

Partnership data by VentureSource

Sky Team

21 Team Members

Sky has 21 team members, including current Chief Executive Officer, Executive Vice President, Stephen J. van Rooyen.

Name

Work History

Title

Status

Stephen J. van Rooyen

Chief Executive Officer, Executive Vice President

Current

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Name

Stephen J. van Rooyen

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Work History

Title

Chief Executive Officer, Executive Vice President

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Status

Current

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