Sky TV – if you buy something for $1, then probably nobody else wanted it

Sky TV CEO Sophie Moloney. (Image: NZME)

Sat, 26 Jul 2025

If a company offers to sell you something for $1, there’s a high chance it’s something they don’t want and was previously valued in the millions. There’s an even higher chance again that it’s a legacy media asset, because they tend to be sold like discarded Nsync merchandise at the local charity shop these days. You either say, "Yes, I’ll buy your asset for $1", and you will assume all the burdens that come with that, or you can tell them to bugger off and say, "Well, if you don&rsquo...

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