"The fiver-a-month Sky Go Extra, which allows subscribers to view shows offline for a fiver a month, bagged 1.48 million subscribers, up 309,000 from the previous quarter."
How much is this Sky Go Extra?
9 publicly visible posts • joined 15 May 2013
This is The Register comments section. It's filled with grizzled old "IT professionals" who have been in the job 30 years by virtue of the fact that they were the only one in the company who knew where the On switch was on the computer 30 years ago.
Anything new is bad. Didn't you get the telex?
You had paid the interest up until the date the bill was issued on your last statement. The interest from then until you paid the bill hadn't yet been calculated. The remainder is what you saw on your next bill.
Trust me, I used to work in this sector and I know how it's all calculated. It's all part of your terms and conditions, which is the get-out clause the banks use when what the customer expects doesn't match reality.
No, that makes perfect sense.
You didn't pay your previous bill on time, so you were charged interest from the date of each purchase on your last bill until the payment was made.
You received your bill at a time between the purchases being made, and you paying your bill. All this time interest was being charged.
How was the bill to know when you would pay it? Once it's printed, it's printed. It can't update with what your current interest amount is.
So, the interest on your next bill was the interest accrued between the bill being printed and you paying it off. Had you paid that in full, by the due date, you'd have no further interest on your next bill.
I don't think you understand what this "activist investor" is all about. It's not about changing a company, or the world for the better. He's an activist on behalf of "shareholder rights" - i.e. the right to leech out as much money from a company as possible before pulling out and investing in some other company to do the exact same thing.
He wants the rich shareholders and investment funds to make as much money as possible from selling off a company's assets, and fucking over the employees and customers.