- Business
- SKY Network Television Limited (SKT.NZ) is a New Zealand-based entertainment company that provides pay television services via satellite and streaming, broadband internet services, and free-to-air broadcasting through its subsidiary Sky Free. The company offers a comprehensive portfolio of subscription channels including Sky Sport (a group of ten sports channels with pop-up channels for major events), Sky Movies (six movie channels), Sky 5 (general entertainment), Sky Comedy, Sky Kids, and Vibe (female-oriented programming); free-to-air channels such as Three, Bravo, Eden, HGTV, Rush, and Sky Open; streaming platforms like Neon (subscription video-on-demand with TV and movies), Sky Go (live and on-demand access), and Sky Sport Now; as well as broadband services, commercial music, advertising, entertainment quizzes, and broadcasting services. Sky operates exclusively in New Zealand, serving residential television subscribers (914,368 as of June 30, 2025, comprising 448,290 satellite and 409,582 streaming users), 50,867 broadband customers, and targeting sports fans, entertainment viewers, and households with diversified revenue from subscriptions, advertising, and digital sectors. Founded in 1987 as Sky Media Limited and listed on the NZX in 1997, the company is headquartered at 10 Panorama Road, Mt Wellington, Auckland. In recent developments, Sky completed the acquisition of Discovery NZ (including Three, ThreeNow, Bravo, Eden, Rush, and HGTV) from Warner Bros. Discovery for NZ$1 in August 2025, renaming it Sky Free and retaining the brands while securing a content supply agreement; signed a conditional five-year broadcast partnership with New Zealand Rugby and SANZAAR Unions for media rights from January 2026 to 2030 pending shareholder approval; secured Olympic Games coverage through 2032 and extended rugby rights into the early 2030s; transitioned satellite services to Koreasat 6 in April 2025; and plans to launch new in-house channels Sky Comedy, Sky Kids, Juice TV, and J2 from December 2025, replacing Paramount networks and Cartoon Network.