M&A Deal Summary

Sky Network Television Acquires Prime Television New Zealand

On February 8, 2006, Sky Network Television acquired media company Prime Television New Zealand for 30M NZD

Acquisition Highlights
  • This is Sky Network Television’s 1st transaction in the Media sector.
  • This is Sky Network Television’s largest (disclosed) transaction.
  • This is Sky Network Television’s 2nd transaction in New Zealand.

M&A Deal Summary

Date 2006-02-08
Target Prime Television New Zealand
Sector Media
Buyer(s) Sky Network Television
Deal Type Add-on Acquisition
Deal Value 30M NZD

Target

Prime Television New Zealand

Auckland,, New Zealand
Prime Television New Zealand, Ltd. operates a free-to-air television network in New Zealand.

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Buyer(S) 1

Buyer

Sky Network Television

Auckland, New Zealand

Category Company
Founded 1990
Sector Media
Employees679
Revenue 754M NZD (2023)
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 2 of 5
Sector (Media) 1 of 2
Type (Add-on Acquisition) 2 of 2
Country (New Zealand) 2 of 5
Year (2006) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-01-01 DVD Unlimited

Auckland, New Zealand

DVD Unlimited is a DVD-by-mail service based in Auckland, New Zealand.

Buy -
FOLLOWING 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 -