Sky Network sells live sports filming subsidiary

Sky Network sells live sports filming subsidiary
Dan Brunskill
Sky Network Television has sold its subsidiary Outside Broadcasting Limited, which is responsible for filming live sports, to global production conglomerate NEP. The transaction enables Sky to dodge spending roughly $50 million to buy broadcast equipment in the next five years which it said was needed to “stay at the forefront of broadcast technology”. The sale will allow Sky to focus on developing more creative content, a statement to the NZX said. The company is in the process of transitioning away from satellite television and into onl...

More Listed Companies

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
Market watchdog puts Fletcher result under microscope
Markets

Market watchdog puts Fletcher result under microscope

Listed firms sitting on material information a theme of NZ RegCo oversight report.

How Gentrack made its India expansion work
Markets

How Gentrack made its India expansion work

Gentrack has more than 100 staff in Pune, India.

NZME boss calls for digital platform law
Listed Companies

NZME boss calls for digital platform law

NZME CEO Michael Boggs calls for government solution to big tech bargaining imbalance.

Daniel Dunkley 21 Feb 2024