Sky Deutschland has confirmed to the Financial Times German edition that its deal to show Paramount-branded movies is not being renewed.

Instead, says the FT, Sky Deutschland is concentrating on soccer. On December 1, it launched its Sky Sport News HD channel, and over the past month or so had secured exclusive coverage of all of the Italian Serie A top-flight league soccer games, plus the DFB Cup series for another 4 years.

CEO Brian Sullivan also warned that despite reaching its long-awaited 3 million-home subscriber target (he said by the end of the year Sky-D would have some 3.2 million subscribers) it had still not completely broken even and would lose up to €175 million.

Consumers are also not happy, with some subscribers threatening lawsuits and arguing that they would not have renewed their subscriptions had they known the Paramount movie deal was ending.

At September 30^th, it had some 818,000 HD ‘Premium’ subscribers.

Other posts by :

1. SpaceX wraps IPO; 8,000 launches by 2030
2. Markets braced for SpaceX IPO
3. Former SpaceX exec to build ‘space taxis’
4. Eutelsat shares crash despite good news
5. Analyst: Years of subs growth ahead for Starlink
6. SES CEO: “Multi-orbit is now key”
7. More details emerge on SpaceX IPO
8. Viasat confident despite SpaceX threats
9. Blue Origin launch pad destroyed

Categories: Articles, Broadcast, Content, DTH/Satellite, Pay TV, Rights