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 Services

SPQR owes more than $2 million
Services Free

SPQR owes more than $2 million

The first liquidator’s report on iconic Auckland restaurant SPQR shows the business owed more than $2 million to Inland Revenue and other creditors.The Ponsonby Rd establishment was placed into liquidation last Thursday by special resolution of the shareholders and is no longer t...

Staff reporters 18 Jul 2024
Consumers agree on what constitutes fairness: FMA
Finance

Consumers agree on what constitutes fairness: FMA

NZ consumers have a remarkably consistent understanding of fairness, research finds.

Tom Raynel 18 Jul 2024
$1.65b project to simplify switching banks a 'flop'
Finance

$1.65b project to simplify switching banks a 'flop'

Open banking has hindered competition rather than helping it, says lobby.

AAP 04 Jul 2024
Hundreds of ECE centres backtracking on pay parity
Policy

Hundreds of ECE centres backtracking on pay parity

96% of daycares have opted into pay parity, but govt funding doesn't match the costs.