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Sky TV buys Discovery NZ for $1, aiming to lead New Zealand's media market and boost revenue.
Sky TV is acquiring Discovery NZ, the owner of TV3 and ThreeNow, for $1, aiming to become New Zealand's leading media company.
The deal, expected to boost Sky's annual revenue by about $95 million, includes TV3's staff and platforms.
It positions Sky to compete more directly with TVNZ and could lead to changes in sports broadcasting rights.
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Sky TV compra Discovery NZ por $ 1, con el objetivo de liderar el mercado de medios de Nueva Zelanda e impulsar los ingresos.