Sky TV to launch $20/month subscription video ondemand service

Fri, 24 Oct 2014

By Fiona Rotherham Oct. 24 (BusinessDesk) - Sky Network Television, the country's dominant pay-TV operator, will launch a new $20 a month subscription video ondemand service, Neon, in December, targeting non-Sky customers as it faces intensifying competition for viewers. The Auckland-based company told shareholders at the annual meeting in Auckland today that it forecasts annual profit rising as much as 8.6 percent in the 2015 financial year, would roll out Neon, update its customer set-top boxes early next year to enable an internet conn...

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