Latest New Zealand Media News

Sky New Zealand has secured exclusive broadcast rights for the NRL in New Zealand through to 2034, extending its long-running partnership with the Australian Rugby League Commission and promising comprehensive coverage across multiple platforms.

NZME Limited has reported a significant turnaround in 2025, posting a statutory net profit after tax of NZD 13.1 million and a 15% increase in operating EBITDA, underpinned by strong digital revenue growth across its divisions.

NZME Limited reported a 3.1% revenue decline for H1 2025 but delivered a 12% rise in operating EBITDA, driven by digital growth and cost efficiencies. The company declared a 3 cent interim dividend amid ongoing economic challenges.

Sky New Zealand has finalized its acquisition of Discovery NZ Limited for a nominal sum, aiming to leverage significant cost synergies and diversify revenue streams. Despite Discovery NZ’s recent losses, Sky projects a positive cash flow impact and a pathway to meaningful earnings growth by FY28.

Sky Network Television is set to acquire Discovery NZ for a nominal $1, instantly boosting its revenue by around NZD 95 million and expanding its digital footprint through the ThreeNow platform.