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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
7 mins to read

Bonza year for sport allows Sky to earn more from fewer customers

Sky Sport Now revenue surpasses Neon entertainment for first time, but puts more pressure on Sky's negotiations with NZ Rugby at year's end.

Dita De Boni Wed, 21 Aug 2024
Key points
  • Revenue: $766.7m up 1.6%
  • Profit: $49.2m, down 3.7%
  • Main takeaway: More revenue from fewer customers as company adapts to cost of living crisis and content shortage.

Sky Sport Now revenue surpassed revenue from Sky’s entertainment service Neon for the first time ever in the year to June 30, 2024, pointing up the centrality of sporting rights to the ongoing viability of the broadcaster’s business case.

In the year under review, Sky Sport Now earned average

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Dita De Boni Wed, 21 Aug 2024
Contact the Writer: dita@nbr.co.nz
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Key points
  • Revenue: $766.7m up 1.6%
  • Profit: $49.2m, down 3.7%
  • Main takeaway: More revenue from fewer customers as company adapts to cost of living crisis and content shortage.
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Bonza year for sport allows Sky to earn more from fewer customers
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