Sky TV has announced a mystery party wants to make a highly confidential offer to buy it.

It comes after Sky’s own economic headwinds, with its full-year profit falling 18 percent to $51 million, and revenue rising 2 percent to $754 million.

It also announced an on-market share buyback programme earlier this year, which was paused prior to the release of its full-year results.

Business commentator Rod Oram joined Heather du Plessis-Allan.

LISTEN ABOVE

Sky TV has announced a mystery party wants to make a highly confidential offer to buy it.
It comes after Sky’s own economic headwinds, with its full-year profit falling 18 percent to $51 million, and revenue rising 2 percent to $754 million.
It also announced an on-market share buyback programme earlier this year, which was paused prior to the release of its full-year results.
Business commentator Rod Oram joined Heather du Plessis-Allan.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.