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Spark New Zealand seeks growth partner for Lightbox

Strategic Review29 March 2019SPKCommunication Services

Spark New Zealand Limited
ARBN 050 611 277 Spark City, 167 Victoria Street West, Private Bag 92028, Auckland, New Zealand



MARKET RELEASE

29 March 2019


Spark New Zealand begins formal process to select a growth

partner for Lightbox

Spark New Zealand announced today it is beginning a formal process to engage with

potential media partners to enhance and grow its Lightbox entertainment streaming

business.

Lightbox is New Zealand’s leading local entertainment streaming business with more than

355,000 subscribers and has proven to be an effective part of Spark’s bundled offer.

Spark’s preference is to identify a local or international media partner who can work with

Spark to enhance Lightbox’s content proposition and support its growth.

Spark Marketing Director Matt Bain says “we believe that Lightbox’s continued success

will require ongoing investment, especially in content. Spark is therefore seeking to work

with an existing media player to leverage their entertainment content with the strong

marketing and distribution platform that we have built already with Lightbox.

“We want to make sure we’re always bringing the best and broadest range of content to

our customers. Given strong competition for the best shows, it makes sense to partner so

we continue to secure the quality line-up they’ve become used to. To this end, we will

shortly appoint an advisor to help drive a global process to achieve this outcome.

“In the meantime, Lightbox services will continue as normal, with great new content having

already been acquired for 2019.”


ENDS


For media queries, please contact:

Andrew Pirie

Corporate Relations Lead

+64 (0) 27 555 0275


For investor relations queries, please contact:

Dean Werder

Finance Lead Partner – Product and Performance

+64 (0) 27 259 7176

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