Sky Network Television (ASX:SKT) loses the broadcasting rights to Cricket NZ

Company News

by Rachael Jones

Sky Network Television (ASX:SKT) in New Zealand has lost the broadcasting rights for Cricket New Zealand to Spark Sport from April next year.

Sky has been proud to be a partner of NZ Cricket since 1995.

NZ Cricket holds the rights for domestic cricket and internationals played in New Zealand.

Sky will continue to offer some of the best cricket the world has to offer, including exciting international fixtures involving the Black Caps on tour.

Shares in Sky Network Television (ASX:SKT) closed 0.48 per cent lower at 1.04 yesterday.

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.