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SKY disclosure regarding status of Rugby World Cup 2019 bid

Operational Update28 March 2018SKTCommunication Services

SKY TV
PO Box 9059

Newmarket

Auckland 1149

New Zealand


10 Panorama Road

Mt W ellington

Auckland 1060

New Zealand


T. +64 9 579 9999


sky.co.nz


28 March 2018


Market Information Services Section

NZX Limited

PO Box 2959

Wellington


Company Announcements Office

ASX Limited

Level 4, 20 Bridge Street

Sydney, NSW

Australia



SKY disclosure regarding status of Rugby World Cup 2019 bid

for immediate release, 28 March 2018



SKY Television advises that we were informed overnight that we are not the preferred bidder

for the New Zealand broadcast rights for Rugby World Cup 2019.


We have been informed that negotiations are underway with the preferred party, and our bid

remains in play should those negotiations fail.


We are not at liberty to provide further detail of the bid process at this stage, but make three

observations:


 Sport broadcasting is a competitive business, and while we are disappointed not to be

the preferred bidder, it’s an economic reality that we can’t have every match of every

sport that New Zealanders like to watch.


 While the Rugby World Cup is great content and we put forward a strong bid for it, it is

an incredibly expensive event that plays once every four years for six weeks. SKY

Sport’s business is built on offering sports fans their favourite matches on a week in,

week out basis, over multiple years. Our customers will continue to enjoy the Super

Rugby, Mitre 10 Cup, and All Blacks tests (including the lead-up to the Rugby World

Cup). For 52 weeks of the year they will also watch the Warriors and the NRL, the

Cricket, Netball, Supercars, Golf, Cycling, Football, Basketball, Moto GP and Boxing,

to name a few.










 Rugby World Cup rights are sold by IMG Media on behalf of Rugby World Cup Ltd, and

are unrelated to the SANZAAR rights. SKY has the SANZAAR rights through to 2020,

including All Blacks tests, Super Rugby and the Mitre 10 Cup.


We will inform the market should the status of our bid change.




Ends.


For further information please contact:


Jason Hollingworth

Chief Financial Officer

SKY Network Television

(09) 579 9999

021 312 928

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