Just a bit of analysis on Stan's main subscriber numbers - At 1H21 they had 2.3M active subscribers, which was before the launch of Stan Sport. They now have 250K Stan Sport subscribers, and have previously indicated that about 40% are incremental subscribers, so that is incremental subscribers of 100K from Sport.
This means that there has been no growth in standalone entertainment subscribers in the last 6 months, despite a lot of Australia being in lockdown for several months. Is this something shareholders should be worried about?
Ann: FY21 Results Presentation, page-2
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