M&A Deal Summary

Sky Network Television Acquires On Site Broadcasting

On July 30, 2010, Sky Network Television acquired media company On Site Broadcasting from Prime Media for 14M AUD

Acquisition Highlights
  • This is Sky Network Television’s 2nd transaction in the Media sector.
  • This is Sky Network Television’s largest (disclosed) transaction.
  • This is Sky Network Television’s 4th transaction in New Zealand.

M&A Deal Summary

Date 2010-07-30
Target On Site Broadcasting
Sector Media
Buyer(s) Sky Network Television
Sellers(s) Prime Media
Deal Type Divestiture
Deal Value 14M AUD

Target

On Site Broadcasting

Auckland City, New Zealand
On Site Broadcasting (NZ) Ltd. is a provider of live broadcasting and events coverage services in New Zealand and internationally.

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Buyer(S) 1

Buyer

Sky Network Television

Auckland, New Zealand

Category Company
Founded 1990
Sector Media
Employees638
Revenue 751M NZD (2025)
DESCRIPTION

Sky Network Television is the pre-eminent pay television broadcasting service in New Zealand. SKY's principal business activity is the distribution of both local and international programme content to its subscriber base, predominantly through a digital satellite network. Sky Network Television was founded in 1990 and is based in Auckland, New Zealand.


DEAL STATS #
Overall 4 of 5
Sector: Media M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
Country: New Zealand M&A 4 of 5
Year: 2010 M&A 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-01 Fatso.co.nz

Auckland,, New Zealand

Fatso is a New Zealand online DVD rental service, providing Kiwis nationwide with a huge range of movie titles and genres.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-30 Fatso.co.nz

Auckland,, New Zealand

Fatso is a New Zealand online DVD rental service, providing Kiwis nationwide with a huge range of movie titles and genres.

Buy -

Seller(S) 1

SELLER

Prime Media

Watson, Australia

Category Company
Founded 1970
Sector Media
Revenue 160M AUD (2020)
DESCRIPTION

Prime Media operates in the media industry, Company provides commercial television broadcasting services. Prime Media was founded in 1970 and is based in Watson, Australia.


DEAL STATS #
Overall 1 of 1
Sector: Media M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: New Zealand M&A 1 of 1
Year: 2010 M&A 1 of 1