NZ shares were mixed yesterday as investors cast forward to next month's earnings season, and as regional markets mulled this week's Federal Reserve meeting.

Sky TV has played down an analyst's concerns about it facing future regulation over its monopolisation of sports events and says there is more sport on free-to-air TV than before.

NZ shares rose to a two-month high, paced by Chorus, Kathmandu and Sky Network Television as the prospects of strong economic growth drew retail investors to the equity market.

Broadcaster Stephen McIvor says days of headaches and pain following his Fight for Life boxing match was caused by spinal fluid in his brain, rather than bleeding.

The Commerce Commission has warned Sky TV that its contracts with telcos were likely to have previously harmed competition.

Advertising identity David Walden could be excused a sense of payback if Grant Dalton and Emirates Team NZ take the America's Cup off Sir Russell Coutts and Oracle.

Sky Network Television has delivered another solid profit in its financial results for the year to June 30, but there are warnings that the golden weather may not last.

Sky Sport has copped angry feedback from viewers annoyed over two screening errors during the All Blacks versus France test on Saturday night.

Sky Sport has apologised for an ad which played midway through the first half of last night's rugby test between the All Blacks and France.

The loss of English Premier League soccer to online broadcaster Coliseum Sports Media may signal the end of Sky's virtual monopoly of quality sports content.

Rumour has it that the Commission will quietly ask Sky to reconsider its apparently restrictive contracts with ISPs on a mutually agreeable basis, writes Chris Barton.

Sky Television is refusing to spell out the uptake for Igloo, its pay television joint venture with Television New Zealand.