Sky TV sale away for $815m- trading halt lifted
Shares in Sky TV will resume trading on the NZX this morning, after the company said News Corp had successfully sold its 43.6pc stake in the company.
Shares in Sky TV will resume trading on the NZX this morning, after the company said News Corp had successfully sold its 43.6pc stake in the company.
Rupert Murdoch's selling out of Sky Television comes at to the end of a long golden period for the business, writes John Drinnan.
News Corp has confirmed it is selling out of New Zealand's Sky TV, netting $815m for its nearly 44 per cent stake in the country's dominant pay TV operator.
Rupert Murdoch's News Corp is understood to be selling out of New Zealand's Sky Television, and shares are expected to go on a trading halt this morning.
Michele Hewitson interviews Ian Wishart, controversial editor of Investigate magazine.
Mediaworks TV3 has been banned from using filmed coverage from this year's national kapa haka festival in Rotorua.
Who is looking after New Zealand's interests now that Ireland's Independent News & Media (INM) is firmly back in control at New Zealand Herald publisher APN News & Media?
APN News & Media has appointed long serving board member Peter Cosgrove to chairman in the wake of a clearout, which saw chief executive Brett Chenoweth and half the APN board resign on Monday.
APN shares are down 11.7pc in early trading on the ASX, after the shock resignation of the media company's chief executive and several board members.
Ireland's Independent News & Media has been successful in engineering a major exodus from the APN News & Media board, and in putting a stop to a planned capital raising.
TVNZ's Seven Sharp programme, which debuted last week, hit rock bottom on Tuesday night when ratings showed TV3 rival Campbell Live was on top.
This editorial was published on December 19, 2008. Sir Paul later told the Herald he was moved by what was written.
Hosking cosies up to the PM, Wallace Chapman returns to advertorial, the future of Fairfax's Auckland Now and Maori TV launches a website.
Former Close Up presenter Mark Sainsbury says he holds no resentment against Ross Dagan, who resigned on Tuesday, eight weeks after killing his show and TVNZ career.