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Sky Network Television Limited

TVNZ reports profit after cutting costs

Wellington, Aug 27 NZPA - Television New Zealand (TVNZ) has increased its dividend to the Government in the middle of what it calls the media industry's greatest international downturn and says it is adapting to the digital era better than most.

Kordia's underlying earnings rise, acquisitions contribute

Kordia's underlying earnings rise, acquisitions contribute
Wellington, Aug 26 NZPA - Kordia Group Ltd, the state-owned telecommunications and media business, has reported earnings before interest and tax (ebit) rose 90.9 percent to $14.7 million.

SkyTV buys OnSite Broadcasting NZ for net $NZ13.5 million

SkyTV buys OnSite Broadcasting NZ for net $NZ13.5 million
Wellington, July 9 NZPA - Pay television operator Sky Network Television Ltd is buying outside broadcast operator OnSite Broadcasting (NZ) Ltd from Australia's Prime Media Group.

SkyTV buys OnSite Broadcasting NZ for $NZ13.5 million

SkyTV buys OnSite Broadcasting NZ for $NZ13.5 million
Wellington, July 9 NZPA - Pay television operator Sky Network Television Ltd is buying outside broadcast operator OnSite Broadcasting (NZ) Ltd from Australia's Prime Media Group for $NZ13.5 million.

South Canterbury Finance gets loan repayment from Mercer

South Canterbury Finance gets loan repayment from Mercer
Wellington, July 2 NZPA - South Canterbury Finance has received $1.04 million as a result of Mercer Group Ltd shifting debt owed to South Canterbury Finance to Gresham Finance Ltd, a company associated with Christchurch-based businessman Humphry Rolleston.

NZ Sharemarket Falls In Lacklustre Trading

NZ Sharemarket Falls In Lacklustre Trading
Wellington, July 13 NZPA - The New Zealand sharemarket got off to a quiet start to a week that is expected to be lacklustre. The turnover was a $79 million worth of shares, of which $22.3m was in Fletcher Building.

NZ Sharemarket Falls In Early Morning Trading

NZ Sharemarket Falls In Early Morning Trading
Wellington, July 13 NZPA - The New Zealand NZX-50 fell in early trading today with top stock Telecom leading the downward trend. Telecom was down 1c to 266, with 1.35 million shares traded .

TVNZ To Cut Costs By $25m After Advertising Drops

TVNZ To Cut Costs By $25m After Advertising Drops
Wellington, Feb 20 NZPA - The boss of state-owned broadcaster TVNZ said all options are being considered in a bid to cut costs by $25 million after an unprecedented decline in advertising revenue.

TV Advertising Revenue Fell 1.1 Pct In 2008

TV Advertising Revenue Fell 1.1 Pct In 2008
Wellington, Jan 27 NZPA - Spending on television advertising fell 1.1 percent last year, following a 2 percent gain in 2007 when it was boosted by the Rugby World Cup.

SkyTV Forecasts Higher Profits

SkyTV Forecasts Higher Profits
Wellington, Nov 6 NZPA - Pay television operator Sky Network Television Ltd is forecasting net profit after tax of between $90 million and $100m in 2009, up from the $98m it reported in the year to June 30.

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