Sky and TVNZ to launch DTT pay TV service
SKY Television and Television New Zealand (TVNZ) announced on the 24th November that they have formed a partnership to launch a new digital pay television service, delivering pay channels over SKY’s digital terrestrial spectrum.
SKY has a 51% shareholding and TVNZ a 49% shareholding in the joint venture.
The new service will provide paid-for and free content, including free-to-air channels, to a digital decoder, which is also readied to utilise Ultra-Fast-Broadband (UFB) in the future.
The launch will be in the first half of 2012, timed to take advantage of the digital switchover (DSO), when a large number of New Zealand homes will need to transition to a digital television service.
The joint venture will announce further details, including content and pricing, in the near future.
Item added: 28th November 2011