After all the fanfare given to the RugbyPass acquisition in FY20, this is where we stand today (per the FY21 accounts):
Note 28 in the prelim annual report:
And yet this on page 17 of the glossy pages:
And on the 3rd of the leading pages:
So I'm wondering, to those that understand the RugbyPass service better than I do (which isn't saying much) - what value does it offer apart from its streaming function? And for that matter, if SKT do not derive revenue from streaming subscribers (at least directly), then how will it generate revenue for SKT? Will it be a wholesale deal between SKT & the streamer?
So much for SKT growing its streaming subscriber base. Any thoughts?
(20min delay)