Sky Network Television

Description

SKY is the pre-eminent pay television broadcasting service in New Zealand. SKY’s principal business activity is the distribution of both local and foreign programme content to its subscriber base, predominantly through a digital satellite network. SKY’s revenue is principally derived from monthly subscription fees (approximately 88%), installation fees and other revenue including advertising sales and the on-sale of programme rights.

In February 2006, SKY expanded its activities into free-to-air television by purchasing the business of the free-to-air broadcaster Prime Television New Zealand Limited for approximately NZ$ 30 million.

In June 2010, SKY purchased outside broadcast operator OnSite Broadcasting (NZ) Limited (OSB New Zealand) from Australian media company, Prime Media Group.

SKY is also the cornerstone shareholder in Fatso, New Zealand’s premier on line DVD rental service and also publishes two monthly magazines; SKYWATCH, the programme guide and SKYSPORT, the magazine.

 

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