Sky TV in talks to buy MediaWorks

Sky TV in talks to buy MediaWorks
Sky TV is in “exclusive negotiations” with MediaWorks shareholders. (Image: Supplied)
Daniel Dunkley
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...

More Media

Film subsidy regime gets $577m budget boost
News in Brief

Film subsidy regime gets $577m budget boost

New Zealand’s film subsidy regime will survive the latest round of budget cuts, Finance Minister Nicola Willis says. Willis announced she was tipping $577 million into the scheme at the Budget to reflect the higher-than-expected demand for the subsidy. This means the rebate will...

Staff reporters 16 May 2025
A 100% tariff on movies. What does that even mean?
Media Opinion

A 100% tariff on movies. What does that even mean?

"We should underestimate Trump at our own peril."

Bloomberg 10 May 2025
Steven Joyce to chair NZME
Markets

Steven Joyce to chair NZME

Tech expert Bowen Pan will also join, later on. 

Staff reporters 09 May 2025
NZME set to take on Trade Me for car sales
Markets

NZME set to take on Trade Me for car sales

Publicly listed NZME, owner of the NZ Herald and BusinessDesk, says it is exploring a new automotive digital classifieds platform, in a clear bid to take on Trade Me.Seeking to emulate the success of its property platform OneRoof, NZME said on Friday it had signed a memorandum of...

Staff reporters 09 May 2025