NZ's Sky Network Television rises on exclusive broadcasting rights acquisition

Sky Network Television

13/03/2025 24:52

** Shares of telly sports broadcaster Sky Network Television SKT.NZ rise 2.5% to NZ$2.47, set for their strongest intraday session since March 3

** Stock among biggest gainers on the benchmark NZX 50 index .NZ50

** Co reports acquisition of exclusive NZ broadcasting rights for 2025 British and Irish Lions Tour of Australia, extends partnership with U.S. PGA Championships for six years

** Says deals boost range of sports on Sky Sport and Sky Sport Now and are expected to attract sports fans and increase viewership

** Stock down 5% YTD including current session

 (Reporting by Kumar Tanishk in Bengaluru)

 ((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk))