T
TOCC
Guest
Yep and cricket is about to find out how far the market has dropped. When you read UBS's commentary on Ch. Nein's coverage and the cost to them it's a bit sobering. It used to be taken for granted what a great product coverage rights were (a bit like a World Cup or Olympics), but in these more austere times I think that conventional wisdom is being challenged.
UBS is a major shareholder of nine, you need to take that report with a grain of salt, UBS have financial gain to be made by paying less for the rights.