UPDATE: Interesting to note Nic Howell at New Media Age making a similar point:
A phrase that Sky executives are fond of using about their company is "permission to entertain". The slogan says a lot about the way the media giant operates.
First, entertainment underpins Sky's content strategy, which is rooted in satellite but is now going great guns online, especially since Andy Jonesco came on board.
But what's also relevant about the phrase is that Sky is a subscription business. Twelve times a year it faces a moment of truth when customers receive their bill and ask themselves whether Sky gave good value that month.