middle.news
Sky New Zealand Seals Discovery NZ Deal, Eyes $10M EBITDA Boost by 2028
1:42pm on Friday 1st of August, 2025 AEST
•
Media
Read Story
Sky New Zealand Seals Discovery NZ Deal, Eyes $10M EBITDA Boost by 2028
1:42pm on Friday 1st of August, 2025 AEST
Key Points
Acquisition of Discovery NZ completed for $1 on a cash-free, debt-free basis
Discovery NZ reported a $77.6 million after-tax loss in 2024, mainly due to restructuring
Sky’s due diligence adjusts 2024 EBITDA loss to a proforma $9 million for continuing operations
Expected $10 million incremental EBITDA by FY28 from synergies in programming and infrastructure
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Sky Network Television (ASX:SKT)
OPEN ARTICLE