Sky Sport has launched a bid to snatch exclusive NZ rights to screen live English Premier League football from Coliseum Sports Media.

New software will allow customers to download programmes from its collection of shows and watch at any time - but there have been glitches.

What is the future of television? Will TV have a similar dramatic downturn in revenue as the newspaper, music and book retailing sectors?

Shares have taken a battering and Kiwis are embracing streaming services.

Sky TV is under threat as it faces the end of its monopoly on pay television and has raised the prospect of viewers switching off when the Rugby World Cup ends.

More than $200 million was wiped off Sky TV's market value after the company said annual profit would fall by up to 11 per cent as the business grapples with rising costs and online competition from streaming services such as Netflix.

NZ shares rose as a weakening Kiwi dollar and demand for dividends boosted equities.

Profits tipped to fall by as much as 11pc in the 2016 financial year as the company battles to retain customers against the rise of on-demand streaming.

Sky TV's emerged from its first year of viable pay TV competition with only a few scratches.

Sky TV says profits are up 6.4 per cent, despite a small fall in subscriber numbers.

The screening rights to Auckland schoolboy rugby will be opened up next season to other media companies, giving them the chance to take on broadcasting giant Sky.

Sky has announced its channels will be reordered, with the changes coming into effect in September.

The Radio Broadcasters Association has announced research company GfK will be the new provider for the commercial radio survey from 2016.

A South Auckland rugby club that screened the historic test match between the All Blacks and Samoa to a crowd of around 300 people did so illegally.

Rugby fans are fuming after missing much of yesterday's All Blacks match in Samoa because of a glitch in Sky TV's app, Sky Go.

Broadcasters have won the 'global mode' world streaming battle - ISPs say they'll stop offering the service from September.

The brazen actions of Call Plus - promoting its Global Mode method of accessing foreign television, ultimately killed the service, says media writer John Drinnan.

Increase a brazen move when Sky's prices are already an issue and we are in the first days of a competitive pay TV market, writes John Drinnan.

Internet data usage has seen a huge rise in the past three months as users embrace a "video streaming revolution".

Sky TV is taking a big step on to the internet with a launch planned for some time in July.

Former children's TV host Erin Simpson is joining the Sky Sports team as the new presenter of the Rugby Channel's First XV coverage.

Sky viewers who stayed home today to watch the first episode of Game of Thrones' fifth season at the promised time of 1pm say they've been "trolled" by the network.

On Thursday entertainment and television players Spark, MediaWorks, Sky and TVNZ fired a warning shot to Slingshot, Orcon and Bypass Network Services.

Spark, MediaWorks, SKY and TVNZ have fired a warning shot to Slingshot, Orcon and Bypass Network Services over their Global Mode service.

After a long slow leak the dam has finally burst for Sky Television and its pay TV monopoly.