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Rangiata Sky

Runs pay TV, streaming and free TV in New Zealand

Overview

Sky brings live sport, movies, shows and news to New Zealand households through its Sky Box satellite service and online apps. Its streaming services include a live-sport app and Neon for movies and series, while its Sky Free subsidiary runs the free-to-air channel Three and the ThreeNow streaming service. Most revenue comes from monthly TV and streaming subscription fees, with Sky Box plans normally sold on 12-month contracts. Sky also sells home broadband, mainly to existing Sky Box customers, and earns further revenue from selling advertising across its free-to-air and digital channels. Sky was founded in 1987 and is headquartered in Auckland.

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About Rangiata Sky

Simplify's Rating
Why Rangiata Sky is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Entertainment

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Auckland, New Zealand

Founded

1987

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What believers are saying

  • Ads surged after buying Three: Sky's ad revenue more than doubled to NZ$131.7 million for fiscal 2026, reported August 2026.
  • Staff watch free: Sky's permanent hybrid Lead Architect job in Auckland includes free Sky, Sky Sport Now and Neon.
  • Field sales comes equipped: Sky's permanent, remote Upper South Island Territory Manager role includes company car, fuel card and phone.

What critics are saying

  • Job cuts continued: Sky's redundancy expenses rose to NZ$5.2 million in the year to June 2026, from NZ$3.2 million.
  • HBO content left Sky's lineup: in February 2026 Sky declined to renew its HBO Max deal beyond mid-June 2026.
  • More efficiency work ahead: Sky targets at least NZ$10 million more earnings in FY28 from further optimising the combined business.

What makes Rangiata Sky unique

  • Key sport rights run for years: Sky holds New Zealand Rugby through December 2030 and Premier League football through 2034.
  • The name is purely local: Sky has no connection to Comcast's European Sky Group despite similar branding and services.
  • Venues are customers too: Sky Venue licenses sport to pubs, bars and clubs and sells in-room entertainment to motels.

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Benefits

  • Health Insurance
  • Flexible Work Hours
  • Professional Development Budget
  • Gym Membership
  • Company Social Events

Stock Price

Company News

Grafa
Aug 27th, 2026
Sky Network Television delivers NZ$826.1M FY26 revenue.

Sky Network Television delivers NZ$826.1M FY26 revenue. * Sky Network Television reported underlying revenue of NZ$826.1 million for the 2026 financial year. * The company increased its full-year dividend by 45% to 32 cents per share. * Growth was supported by the acquisition and integration of Sky Free. Sky Network Television (ASX:SKT) reported an underlying revenue increase of 9% to NZ$826.1 million for FY26. The result compares to the previous period's performance and reaches the higher end of the company's financial guidance. "Development of our strategy through to FY31 is well advanced, with an ambition to significantly grow revenue, including 20-30% from non-subscription sources, alongside margin expansion and earnings growth," said Sky CEO Sophie Moloney. Statutory net profit after tax rose 190% to NZ$59.8 million, while normalised free cash flow grew to $58.9 million. Following the announcement, the Sky Network Television share price was up at $2.81. For FY27, Sky's guidance is for revenue of between $825 million and $840 million, EBITDA of between $155 million and $165 million, and capital expenditure of between $60 million and $65 million. The board stated that it targets a 10% annual dividend growth rate over the next three years. Management noted that future dividend payments will move to a quarterly delivery schedule. Frequently asked questions. 2 months ago Sky Network Television (ASX:SKT) secures exclusive New Zealand broadcast rights for the NRL from 2028 to 2034 in a new seven-year partnership.

ScreenScribe
Aug 27th, 2026
Three deal boosts Sky's payday.

Three deal boosts Sky's payday. The acquisition and integration of Sky Free has boosted Sky TV's audience and diversified its revenue for the 2026 financial year, it reported today. Advertising revenue more than doubled to $131.7 million, with digital now contributing 22% of advertising revenue. Buying the Warner Bros. Discovery channels, which included free-to-air network Three and streaming platform ThreeNow, drove the 9% jump in underlying revenue to $826.1 million. "We now reach more New Zealanders across paid and free-to-air, broadcast and digital, giving audiences more choice in how they engage with Sky, while advertisers can connect with larger and more diverse audiences through a single integrated offering " chief executive Sophie Moloney says. Sky's revenue growth target includes 20%-30% from non-subscription sources. Here's Sky's announcement of its full year 2026 results: Expanded Sky business delivers strong FY26 result Sky Network Television Limited (Sky) has delivered a strong FY26 result, with Underlying Revenue of $826.1m, up 9%, and Underlying EBITDA1 of $157.0m, up 6% and at the higher end of guidance. The Board has declared a full imputed final dividend of 17 cps, bringing the total FY26 dividend to 32 cps, up 45% year-on-year and 113% over three years, comfortably exceeding Sky's target to double the FY23 dividend. Financial Highlights2 Underlying Revenue: $826.1m, up 9%, driven by the acquisition of Sky Free Underlying EBITDA: $157.0m, up 6%, at the higher end of guidance Statutory NPAT3 of $59.8m, up 190% and Underlying NPAT: $41.8m, up 2% Normalised Free cash flow: $58.9m, up 60%, contributing to a closing cash balance of $79.1m Final Dividend: 17.0cps (fully imputed), full year dividend of 32 cps (fully imputed) Capital Management: Targeting 10% p.a. growth in dividends for the next three years, with dividends now to be paid quarterly. Sophie Moloney, Sky Chief Executive, said: "Three years ago, we set ambitious targets reflecting our confidence in Sky and the opportunity ahead. Since then, we have navigated a challenging economic environment while completing two significant projects - the accelerated satellite migration in FY25 and the acquisition and integration of Sky Free in FY26." "We finish this period a stronger Sky - larger, more diversified and increasingly digital, with greater audience scale and more opportunities for growth." "The benefits of the expanded business are already evident. We now reach more New Zealanders across paid and free-to-air, broadcast and digital, giving audiences more choice in how they engage with Sky, while advertisers can connect with larger and more diverse audiences through a single integrated offering." "With the critical building blocks now in place - including a match-fit team with a demonstrated ability to drive margin and free cash flow, long-term sports rights secured, a flexible and audience-led entertainment strategy, greater audience scale and reach, and increasingly sophisticated use of data to inform our decisions - we are turning our focus to the next phase." "Development of its strategy through to FY31 is well advanced, with an ambition to significantly grow revenue, including 20-30% from non-subscription sources, alongside margin expansion and earnings growth. "At the heart of this strategy is a shift from thinking about products and subscribers to audiences connected through one Sky ecosystem, with data and technology helping us unlock growth and simplify the business." Key business highlights Expanded audiences and advertising revenue: The acquisition and integration of Sky Free has significantly increased Sky's audience scale and diversified its revenue base. Advertising revenue more than doubled to $131.7m, with digital now contributing 22% of advertising revenue. Sky also delivered $8m of year-one integration synergies, well above the $3m to $5m signalled, and remains confident of delivering at least $10m of incremental Group EBITDA in FY28 through further optimisation of the combined business. Sport: Sky strengthened its premium sports portfolio with long-term agreements including NZ Rugby through to 2030 and the Olympic Games through to Brisbane 2032. More recently, Sky secured the hugely popular NRL for a further seven years, taking the partnership through to the end of 2034, subject to shareholder approval. As of today, Sky has also secured a six-year extension of exclusive Premier League rights through to 2034, locking in one of the world's most-watched sporting competitions for New Zealand fans. Combined with Sky's existing rights portfolio, the strength and duration of these partnerships secure the sport its audiences love and provide certainty for Sky well into the next decade. Entertainment: Sky reshaped its entertainment strategy during FY26, moving to a more flexible model that draws on a multi-studio approach. Partnerships with leading global studios including Paramount, Sony Pictures Television, NBCUniversal and BBC Studios provide a steady pipeline of premium entertainment, complemented by a strengthened commitment to distinctive local New Zealand programming. Capital management The Board's confidence in Sky's outlook and ongoing cash generation underpins a target to deliver 10% annual growth in dividends over the next three years. Sky will also move to quarterly dividend payments to provide a more frequent income stream for shareholders, with the first FY27 quarterly dividend expected to be paid in December 2026. Sky's strong balance sheet, including $79.1m of cash on hand at 30 June 2026, provides further capital management flexibility. Subject to there being no superior opportunities to deploy capital, the Board will consider initiating an on-market share buyback following the announcement of FY27 Interim Results. Trading conditions are expected to remain challenging in the first half of FY27, with the timing and strength of economic recovery uncertain. Sky's FY27 guidance is for Revenue of between $825m and $840m, EBITDA of between $155m and $165m, and Capital Expenditure of between $60m and $65m. In line with Sky's target to deliver 10% annual dividend growth, dividend guidance is for at least 35 cents per share.

NZME
May 14th, 2026
INFINZ celebrates NZ's leaders in excellence and innovation.

INFINZ celebrates NZ's leaders in excellence and innovation. Fri, 15 May 2026 0 Comments / 0 New Sophie Moloney, chief executive of Sky Television, took out the Johnson Partners Leadership Award, recognised for her turnaround of the business. (Image: Supplied) Sophie Moloney, Alison Gerry and Mark Butcher were among those honoured at the Institute of Finance Professionals in New Zealand's annual black-tie awards dinner held in Auckland on Thursday evening.Moloney, chief executive of Sky Television, took out the Johnson Partners Leadership Award, recognised for her turnaround of the business.Gerry, chair of Infratil and a director of ANZ Bank NZ, was inducted as an Institute of Finance Professionals in NZ (INFINZ) Distinguished Fellow for her longstanding contribution to the sector.Butcher, chie... * Deeply researched, twice-edited and fact-checked news * Annual subscribers also receive a complimentary subscription to The Wall Street Journal * Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers Minimum password length of 8 characters. Require at least one upper and lowercase, numeric, and special character. Annual - including full access to The Wall Street Journal $349.00 Monthly 50% off the first two months (usually $44/month) $22.00 All subscriptions auto renew but are easy to cancel. Not convinced yet? The index fell 1.6% for the week and is down nearly 4.4% year-to-date. The summit's second day will test whether talks can yield a concrete deal. None of Pacific Edge's competitors is covered under the draft US coverage policy. AI cafes, hackathons and hands-on events nationwide at Techweek26. Sophie Moloney, Alison Gerry and Mark Butcher were among those honoured at the Institute of Finance Professionals in New Zealand's annual black-tie awards dinner held in Auckland on Thursday evening. Moloney, chief executive of Sky Television, took out the Johnson Partners Leadership Award, recognised for her turnaround of the business. Gerry, chai Staff reporters 15 May 2026 Xero founder Rod Drury has returned his 2026 New Zealander of the Year Award amid widening allegations of inappropriate behaviour and harassment. A statement from the New Zealander of the Year Awards Office was released on Friday afternoon. "After discussions with Sir Rod Drury, the New Zealander of the Year Awards Office confirms that as the recip Jaime Lyth 08 May 2026 Everybody knows that the dice are loaded Legislation to dissolve the Ministry for the Environment (MfE) and absorb its functions into a new mega-ministry has been reported back from the Environment Committee and is recommended for passage by a majority. The Green Party and Labour filed dissenting views, with submission numbers telling their own sto Ian Llewellyn 06 May 2026 The industries facing the most acute pressure from New Zealand's gas crisis say they are not asking for subsidies. They want a pragmatic response to a problem that policy, at least in part, helped create. The gas transition was always going to impose costs on businesses that relied on a fuel that successive Governments encouraged them to use and th Ian Llewellyn 01 May 2026 By Tara Isabella Burton Desire is dangerous. That, at least, has been the contention of most philosophers, theologians, novelists and nearly every person counted as wise. Whether sinful passions or unconscious destructive urges, distracting attachments or visceral impulses, desire is the daemon that makes us act, often against our own interests an The Wall Street Journal 12 Apr 2026 Everything in its right place Christopher Luxon's election-year reshuffle produced movement around the Cabinet table without materially altering the Government's underlying programme. The most significant change for the public service is the departure of the responsible minister, Judith Collins, who spent much of her tenure reasserting central cont Ian Llewellyn 08 Apr 2026 By Jason L Riley Sports heroes face inner demons as the rest of us do, but sometimes have to deal with them publicly. By the time Wayne Gretzky retired from the National Hockey League in 1999 as the greatest player ever, Michael Jordan had amassed six National Basketball Association championships and 10 scoring titles. That same year, Tiger Woods The Wall Street Journal 05 Apr 2026 Imagine walking into a dentist's office, the dentist pulling out a rotten tooth. You then look at it, puzzled. "I don't understand, I brushed it once in 2016." This, in essence, is one of New Zealand's major problems when it comes to reform. The culture of "one and done". It was one of Reserve Bank chief economist Paul Conway's major areas of focu Dileepa Fonseka 02 Apr 2026 By Krystal Hur Warren Buffett's devout fans say he is inimitable. It has never stopped others from trying. Buffett stepped down as Berkshire Hathaway's chief executive officer in December, ending a decades-long tenure noted for a remarkable investing record, rare dealmaking prowess and staunch loyalty to his hometown of Omaha, Nebraska, and its hum The Wall Street Journal 21 Mar 2026 By Chelsey Dulaney and Georgi Kantchev Economists are wrestling with two divergent scenarios for the global economy. In the first, the Middle East conflict ends quickly, allowing oil and natural-gas prices to normalise by the northern summer, and leaving growth and inflation largely unscathed. In the second, prolonged energy disruptions show up in The Wall Street Journal 14 Mar 2026

ScreenScribe
May 13th, 2026
Sky refreshes Neon, launches drama channel.

Sky refreshes Neon, launches drama channel. Sky is rolling out new branding for its beefed-up streaming platform Neon as it prepares to launch Sky Drama ahead of HBO Max's exit. HBO Max fades to black on June 15, on the eve of the streamer's own direct-to-consumer service going live. That means all HBO Max programming will leave Sky and Neon, including downloaded titles on customers' accounts. Replacing HBO linear as Sky's premium drama channel from June 4 will be Sky Drama (channel nine), "a curated weekly line-up of premium dramas, bringing together the hottest new releases such as The Audacity, Dutton Ranch, The Agency and new AMC horror thriller The Terror: Devil in Silver, alongside beloved library content, including a strong foreign language series offering". Neon's facelift includes a raft of new titles, many from the vault, but not the long-needed 4K-UHD and Dolby Atmos upgrades that global rivals like HBO Max offer. Here's the media release: Premium new entertainment lands on Neon and Sky as refreshed brand launches Neon gives Aotearoa New Zealand Something to Stream About Neon is unveiling a refreshed brand identity and new campaign today, marking a new chapter for the local streaming service, alongside a stellar lineup of new and returning content for audiences across the motu. The refresh comes as Sky evolves its entertainment content offering, moving to a curated mix of content from a range of leading global partners, including Paramount, Sony Pictures Television, NBCUniversal, BBC Studios, Lionsgate, A24, The Walt Disney Company, AMC Global Media, Madman Entertainment, Fifth Season and StudioCanal, alongside standout local productions. Neon's refreshed visual identity and new brand campaign, Something to Stream About, is designed to create a more distinctive position in market, tapping into the conversations, social buzz and culture- defining moments around TV, delivered with a distinctly Kiwi and irreverent tone. Nikki Goodman, Chief Customer Officer at Sky, says: "Neon has always had great shows, now it has the brand strategy to match. "This evolution reflects how New Zealanders watch and talk about entertainment today, bringing together must-watch new titles, familiar favourites and the cultural moments everyone wants to be part of. "Being of this place is what makes Neon stand out from its global competitors - it is distinctively Kiwi, knows its audience and isn't afraid to have a point of view." Brand strategy agency, ThoughtFull, provided brand strategy support to Neon. Geoff Suvalko, Partner at ThoughtFull, says the streaming category presented an opportunity for Neon to stand apart. "Streaming is a crowded space, and many of the global platforms feel the same. Through this work, ScreenScribe saw an opportunity to position Neon as a true Kiwi challenger and break that pattern. "You'll see the refreshed Neon brand start to show up more in the conversations people are already having about the shows they love, in a way that feels more relevant and engaging for New Zealand audiences." New this week on Neon A strong slate of highly anticipated new titles land on Neon this week, including: * The Audacity (14 May), a darkly comic Silicon Valley drama from Better Call Saul and Succession writer-producer Jonathan Glatzer * Dutton Ranch (15 May), Taylor Sheridan's Yellowstone spin-off following Beth Dutton and Rip Wheeler as they fight to protect the family legacy * The Agency (17 May), a high-stakes espionage thriller starring Michael Fassbender, with season two arriving 18 June * Mint (17 May), a critically acclaimed 'Romeo and Juliet meets gangster' thriller from BBC Studios Coming soon to Neon Upcoming highlights include Jon Hamm-fronted psychological thriller American Hostage, A24 horror series Crystal Lake, and Kill Jackie starring Catherine Zeta-Jones. From leading Canadian media and content company Bell Media (behind the much-talked-about Crave Original series Heated Rivalry, confirmed to return to Neon in 2027) and Blink49 Studios, comes Yaga, a mystery thriller reimagining the ancient myth of Baba Yaga for contemporary audiences, starring Carrie-Anne Moss, Noah Reid, Clark Backo and Hudson Williams. New series from Fifth Season include The Good Daughter (Rose Byrne, Meghann Fahy), UK crime drama The Blame (Michelle Keegan) and The Westies, the latest drama from Narcos creator Chris Brancato. Anime content from Crunchyroll is also coming to Neon, including JUJUTSU KAISEN, SPY x FAMILY and Cowboy Bebop. Neon continues to invest in local storytelling for Aotearoa New Zealand, with new Sky Originals including crime drama Bust Up (Morgana O'Reilly, Roimata Fox) landing on 27 May. Later in the year, comedy Good Bones (Josh Thomson) will land, alongside programming for family audiences including the return of Secrets of Red Rocks, new animated series Tralala and The Last Moa. A slate of exclusive films will roll out across winter, including The Running Man, The Long Walk, Kangaroo, Sentimental Value, Splitsville and The SpongeBob Movie, alongside local titles Not Only Fred Dagg but Also John Clarke and Grace: A Prayer for Peace. Neon's content expansion includes a significant refresh of its library, spanning premium drama, comedy, crime and international series. Highlights of newly available content include Downton Abbey, Dawson's Creek, The Bridge, Ray Donovan, Scrubs, Atlanta, The Americans and Homeland. Coming soon: Sky Drama As part of Sky's broader entertainment evolution, a brand-new channel, Sky Drama, will launch in early June for Entertainment customers. Sky Drama will deliver a curated weekly line-up of premium dramas, bringing together the hottest new releases such as The Audacity, Dutton Ranch, The Agency and new AMC horror thriller The Terror: Devil in Silver, alongside beloved library content, including a strong foreign language series offering. Key new series launching in May The Audacity (from 14 May) In the bubble of Silicon Valley, a self-appointed 'inventor of the future' tech CEO and his self-serving performance psychologist are engulfed in a scandal sparked by the exploitation of personal data. Starring Billy Magnussen, Sarah Goldberg, Lucy Punch, Zach Galifianakis, Randall Park Dutton Ranch (from 15 May) Yellowstone spinoff Dutton Ranch follows Rip Wheeler and Beth Dutton as they gamble everything on a new life in South Texas, but the promise of building a future far from the ghosts of Yellowstone quickly collides with brutal new realities and a rival ranch that will stop at nothing to protect its empire. Starring Kelly Reilly, Cole Hauser, Jai Courtney, Annette Benning, Ed Harris The Agency S1 (from 17 May) A gripping, high-stakes espionage thriller following covert CIA operative "Martian" as he's abruptly pulled out of deep undercover and reassigned to London Station. But when a past love resurfaces, his carefully constructed identity begins to unravel, drawing him into a dangerous web where personal loyalty collides with global intelligence operations. Starring Michael Fassbender, Jeffrey Wright, Jodie Turner-Smith and Richard Gere. Mint (from 17 May) Forbidden romance tears a gangster family apart in this criminally good love story from award-winning writer Charlotte Regan (Scrapper). At the centre is Shannon, the daughter in a dominant crime family, who is desperately searching for romance in the shadow of her father, Dylan. Experience the obsession of first love as she falls hard for Arran, a member of a rival crime family who has newly arrived in town. Starring Emma Laird and newcomer Ben Coyle-Larner (musician Loyle Carner). Upcoming series on Neon American Hostage, Apollo Has Fallen, Blood of my Blood S2, Bust Up, Crystal Lake, Good Bones, Heated Rivalry S2, Kill Jackie, Secrets at Red Rocks S2, Taylor Swift: A Love Story, The Agency S2, The Blame, The Good Daughter, The Last Moa, The Westies, Tralala, Yaga Crunchyroll content JUJUTSU KAISEN, SPY x FAMILY, Cowboy Bebop, BLUE LOCK, Mob Psycho 100, The Apothecary Diaries (all available from 15 May) New library content Available now: A Very English Scandal S1, Atlanta S1-4, Babylon Berlin S1-4, Cheers S1-11, Crimson Rivers S1-4, Dawson's Creek S1-6, Downton Abbey S1-6, Harlots S1-3, High Fidelity S1, Homeland S1-8, Pagan Peak S1-3, Ray Donovan S1-7, Skins S1-7, Sleepy Hollow S1-4, Snowfall S1-6, The Americans S1-6, The Bridge S1-4, The Last Man on Earth S1-4, The New Pope S1, The Tudors S1-4, The Young Pope S1, Wilfred S1-4, You're the Worst S1-5 Coming soon: Years and Years (17 May), Gomorrah S1-5 (19 May), Poldark S1-5 (19 May), Wisting S1-4 (19 May), S.W.A.T. S1-8 (19 May), SisterS S1 (25 May), 30 Rock S1-7 (28 May), Brooklyn Nine-Nine S1-8 (28 May), Community S1-6 (28 May), Glee S1-6 (28 May), Parks and Recreation S1-7 (28 May), Shoresy S1-5 (28 May), The King of Queens S1-9 (28 May), The Mindy Project S1-6 (28 May), The Office S1-9 (28 May), Will & Grace S1-8 (28 May), Workaholics S1-7 (28 May), Homicide: Life on the Streets S1-6 (29 May), Nashville (June) and Mad Men (June)

ScreenScribe
May 5th, 2026
Sky expands England & Wales Cricket rights.

Sky expands England & Wales Cricket rights. Sky will be the New Zealand broadcaster of ECB Home International and Domestic cricket from 2026 through to 2030, covering men's and women's matches played in England and Wales. This includes both the BLACKCAPS June tour of England and the WHITE FERNS tour of England, which starts 10pm Sunday on Sky Sport 1. Here's the media release: Sky secures expanded England and Wales Cricket rights, strengthening year-round Cricket on Sky Sky has announced a new multiyear agreement with the England and Wales Cricket Board (ECB), reinforcing Sky's commitment to delivering world-class international cricket to New Zealand audiences yearround, commencing with the WHITE FERNS May tour and BLACKCAPS June tour of England. Under the agreement, Sky will be the exclusive New Zealand broadcaster of ECB Home International and Domestic cricket from 2026 through to 2030, covering men's and women's matches played in England and Wales. Sky's partnership with the ECB delivers a strong and consistent schedule of international cricket for audiences during the Southern Hemisphere offseason, headlined by high-profile tours involving New Zealand, Australia and India, reinforcing Sky's role as the home of cricket for New Zealand. The package includes a number of marquee international tours featuring the world's leading cricket nations, including: * WHITE FERNS tour of England - May 2026 * BLACKCAPS tours of England - June 2026, 2027 and 2030 * Australia Men's tours of England - including the 2027 Ashes series, 2028 * India Men's tours of England - July 2026, 2028 and 2029 As part of the agreement, Sky will deliver comprehensive coverage of: * ECB Home Internationals (Men's and Women's) from 2026 to 2030 * ECB Domestic Competitions (Men's and Women's) from 2026 to 2030 In addition, Sky will broadcast the one-off test match between Ireland and the BLACKCAPS in 2026. Gary Burchett, Head of Sport Content at Sky, said: "This agreement with the ECB is a key part of its long-term commitment to bringing the very best international cricket to New Zealand audiences. "ECB cricket delivers global relevance, high-quality matchups and coverage, and lands perfectly in a key window of its calendar. "There's a genuine appetite for it here, especially with a Kiwi, Brendon McCullum, shaping the England Men's side. "It's a win for fans and another step in reinforcing Sky Sport as the home of cricket in Aotearoa."

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