It's expected the Sky TV and TV3 deal will be mutually beneficial.
Sky TV's bought the channel for a dollar from Warner Brothers Discovery.
Spinoff founder and media commentator Duncan Grieve says Sky will have more options to roll out its content on TV3's free to air platforms.
He told Ryan Bridge it will be a relief for TV3, as they’ve had a reluctant owner for a while now.
LISTEN ABOVE

Matthew Schmidt: New Haven University’s Director of International Affairs and National Security Expert on the conflict in the Middle East
04:05

John Battersby: Senior Fellow at the Centre for Defence and Security Studies on the naval officers being charged for the sinking of the HMNZS Manawanui
03:20

Phil Goff: Former Foreign Minister on the Government's stance on the conflict in the Middle East
02:59