Giving broadcasters a sporting chance

Sky TV must navigate a sports broadcasting environment where exclusive rights don't hold the sway they used to. (Image: Supplied)

Paul McBeth

Tue, 13 Aug 2024

The brains trust at Sky Network Television’s Mount Wellington headquarters is probably sparing a thought for the US cable network giants, which reported some pretty savage writedowns last week. After all, New Zealand’s dominant pay-TV operator went through its own painful bloodletting a few years back, the most savage of which was a $1 billion writedown in the June 2019 year – a time when its grip on sporting rights was feeling decidedly loose. That figure might pale in comparison to the US$6b (NZ$9.9b) impairment ch...

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