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Sky’s $1 Discovery NZ Deal Sparks Digital and Advertising Surge
7:40am on Tuesday 22nd of July, 2025 AEST
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Sky’s $1 Discovery NZ Deal Sparks Digital and Advertising Surge
7:40am on Tuesday 22nd of July, 2025 AEST
Key Points
Acquisition of Discovery NZ for $1 on a cash-free, debt-free basis
Immediate annual revenue uplift of approximately NZD 95 million
Adds ThreeNow BVOD platform and free-to-air channel Three
Expected sustainable EBITDA growth of at least NZD 10 million by FY28
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SKY NETWORK TELEVISION (ASX:SKT)
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