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BSkyB Wins Regulation Reprieve On Movies

Rising competition from online services like Netflix and Amazon’s Lovefilm has loosened BSkyB’s dominance over first rights to show films, the Competition Commission said Wednesday in a statement, in a reverse of its earlier findings. The regulator provisionally found in August that BSkyB’s control over the market led to higher prices and reduced choice for subscribers. The commission said previously that it was considering forcing BSkyB to resell movie content to rivals. In response, BSkyB is bringing out its own Web-television service, dubbed Now TV, to gain new customers.

Read the whole story at Bloomberg »

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