News Summary:
On September 9, 2026, the New Zealand Superannuation Fund Nominees Limited reduced its substantial holding in Sky Network Television (NZ:SKT), selling 1,463,778 ordinary shares on the market between August 10 and September 8, 2026, for a total consideration of approximately $5.24 million. Previously, on August 28, Sky New Zealand CEO Sophie Moloney expressed satisfaction with the broadcaster's strong full-year result, reporting a net profit of nearly $60 million for the year ended June, almost triple the prior year's outcome. Concurrently, Sky secured an early extension to its English Premier League (EPL) rights agreement, ensuring continued coverage of all 380 matches per season across its platforms through the 2033-34 season. This new deal builds on Sky NZ’s current six-year rights agreement and was announced following the company's stronger full-year results for FY 2026, which saw underlying revenue increase 9% to NZD 826.1 million and underlying EBITDA rise 6% to NZD 157 million. The company's stock subsequently rose 5.69%. Sky also provided guidance for FY 2027 revenue and EBITDA and outlined a multi-year plan targeting 10% annual dividend growth from FY 2027 to FY 2029. Earlier, on August 27, media reports highlighted Sky TV's securing of extended EPL rights and strong financial results as a strategic move to counter competition.
Similar Companies
Subscribe for full access to Sky New Zealand's profile
Sky New Zealand offers 7 products in the media and telecoms services industry. Sky New Zealand's product portfolio comprises of telecoms, broadcast television and radio, search, social, and retail media and media and TV services.
Subscribe for full access to Sky New Zealand's products in full detail
Sky New Zealand's revenues were $436.9M in 2025. Caretta Research has split Sky New Zealand's revenue into 6 different product categories, the largest of which is enterprise broadband and voice, which represents 37% of Sky New Zealand's revenue.
Subscribe for full access to Sky New Zealand's revenue in full detail
Sky New Zealand currently holds 154 broadcasting rights for sports competitions including soccer | association football, cycling, rugby union, athletics, netball, motorsports, australian rules football, golf, multi-sport, sailing, darts, tennis, beach soccer, rugby league, canoeing and kayaking, triathlon, combat sports, basketball, snooker, surfing, winter sports, squash and cricket.
Example Sports Rights Suppliers
Subscribe for full access to Sky New Zealand's profile
