Sky cleared to sell outside broadcasting arm to rival

Sky cleared to sell outside broadcasting arm to rival
Staff reporters
NEP Broadcast Services New Zealand has been cleared by the Commerce Commission to acquire Sky Network Television’s outside broadcasting arm Outside Broadcasting.The decision comes after November’s statement of issues from the commission where it voiced concern the acquisition would lead to NEP’s monopoly of the market.While the regulator said events in NZ of international interest would still attract overseas competition for outside broadcasting contracts, it was concerned the sale would lead to unfair dominance by NEP in dome...