Room for me? I Got 3 MediaWorks left out as kiwi media merges

CAPTION: MediaWorks owner Oaktree Capital risks being shut out by mega-media companies

Sky TV has previously been suggested as a potential buyer for MediaWorks – both its TV  operations and more profitable radio operations. I understand investigations have been advanced in the past, but it has never come to anything, partly due to concerns about the long term future of the free-to-air business. In my opinion, MediaWorks is at risk of being left out during a massive upheaval that sees NZME merging with Fairfax New Zealand, and now Sky merging with Vodafone. Not only that, the company is currently leaderless. MediaWorks’ US owners Oaktree Capital are running out of potential local buyers, and its main competitors for buying programming is getting more powerful, not less. Details of the Sky Vodafone proposal might be spelt out by the NZX later today – and no matter who is buying who, there is likely to be a change throughout the media world. Sky has some advantages as the biggest owner of TV rights in New Zealand. A. Does it makes sense to pick up MediaWorks alongside the other mergers? And B. What is the going rate for a second-hand TV channel right now?



× Featured

Paddy Is Leaving The Room. How Many Days To Go?

2 thoughts on “<span class="entry-title-primary">Room for me? I Got 3</span> <span class="entry-subtitle">MediaWorks left out as kiwi media merges </span>”

  1. I wondered about this morning, and whether Mediaworks may be a suitable takeover target for Spark so it can counter the “Voda-Sky” move. Alternatively, if Sky was to takeover Mediaworks as well then it will have three free to air channels, untold pay channels, and dominant mobile and digital presence. That would make for one hell of an industry leader.

Leave a Reply

Your email address will not be published. Required fields are marked *