Sky TV in talks to buy MediaWorks

Sky TV is in “exclusive negotiations” with MediaWorks shareholders. (Image: Supplied)

Tue, 07 Jun 2022

Sky TV has confirmed it's in talks to buy radio and outdoor advertising group MediaWorks in a move that would transform the NZ media sector. Sky, itself the subject of takeover speculation in recent weeks, said it is in “exclusive negotiations” with MediaWorks shareholders over a deal to buy the radio and out of home advertising group.The talks were announced following a report in the Australian Financial Review (AFR).A deal remains “highly uncertain,” Sky said in a stock market announcement this morning, with d...

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