Stormy Week For Sky TV In NZ

A rough week for Sky TV in NZ. CEO John Fellet announced his intention to retire, the shares rose, then two days later the company revealed it had lost one of the sporting jewels of NZ broadcasting – the TV rights to the 2019 Rugby World Cup (for which the All Blacks are favourites, along with Ireland). The shares fell 7% to $A2.12.

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