Jamie Gray

By

Business Reporter·NZ Herald·

6 mins to read

A Sky TV camera operator during a rugby game. Buying TV3 seems to have largely found favour with market analysts. Photo / Photosport

A Sky TV camera operator during a rugby game. Buying TV3 seems to have largely found favour with market analysts. Photo / Photosport

The sharemarket has given a thumbs-up for Sky Network Television’s acquisition of Discovery NZ for $1 on a cash-, debt- and lease-free basis.

Discovery NZ (DNZ) owns several free-to-air channels including Three, as well as the streaming platform ThreeNow.

With the Commerce Commission raising no objections, the deal will close