Sky considers hiving off live sports broadcasting

Sky considers hiving off live sports broadcasting
Pattrick Smellie
Sky Network Television's in-house expertise as a live sports broadcaster may become a thing of the past.The company confirmed to the NZX this morning that it is reconsidering whether it ties up its capital in outside broadcasting capability, given the commercial challenges the business faces.The statement followed a Stuff report suggesting that US-based outside broadcaster NEP, which established a New Zealand presence last year, has been kicking the tyres on the OSB outside broadcasting unit that the pay-TV operator bought in 2010.Sky broadcast...

More Listed Companies

How ‘shareholder value’ became a Wall Street mantra
Policy

How ‘shareholder value’ became a Wall Street mantra

Michael Jensen inspired the transformation of capitalism. Was he a hero or a villain?

Bloomberg 13 Apr 2024
How many boards should a director sit on?
Listed Companies

Simon Robertson: How many boards should a director sit on?

An attempt to judge the composition trends in NZX boards is challenging.

Simon Robertson 13 Apr 2024
Wellington council picks Precinct for major civic square project
Property

Wellington council picks Precinct for major civic square project

Firm will fund and build the new five-star green building.

Staff reporters 11 Apr 2024
Numbers and letters for investors
Markets

Simon Robertson: Numbers and letters for investors

A plea for standardised financial reporting from NZX-listed companies.

Simon Robertson 02 Mar 2024