Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Sky TV Acquires Assets, Name Of Dvd Rent Biz

Sky Television Acquires Assets And Name Of Dvd Rental Business

SKY Television announced today that it has acquired the assets, including the name, of DVD Unlimited, an online DVD movie rental business based in Nelson. The acquisition is effective from 1 October 2004.

Sandy Webster, of Nelson, pioneered New Zealand’s first online DVD business in late 2003.

John Fellet, SKY Television Chief Executive, said, “Sandy showed great initiative in establishing this business back in 2003. Her knowledge and experience, combined with DVD Unlimited’s comprehensive movie library provides us with the foundation on which to continue to grow a great business”

“We are excited about this new development as it adds a new dimension to our company - further announcements will be made in the near future”, said Fellet.

Sandy Webster, previous owner of the company, said, “I am pleased to have concluded the deal with SKY which will now give my family and I the opportunity to pursue other interests”

From October, the business will be relocated to Auckland, where SKY will continue to operate and service existing customers irrespective of whether or not they subscribe to SKY’s pay television services.

Over time, SKY plans to operate the most comprehensive DVD library in Australasia.

© Scoop Media

Business Headlines | Sci-Tech Headlines


BusinessNZ: Third Snapshot Report Reveals $9.5 Billion Business Investment In Climate Action

Signatories to the Climate Leaders Coalition have committed to invest $9.5 billion over the next five years to reduce emissions from their businesses, as revealed in their third anniversary snapshot report released today... More>>

Digitl: The home printer market is broken
Printers are more of a security blanket that a serious aid to productivity. Yet for many people they are not optional.
Even if you don’t feel the urge to squirt ink onto dead trees in order to express yourself, others will insist on printed documents... More>>

Serious Fraud Office: Commences Enquiries Into Allegations Of COVID-19 Wage Subsidy Fraud
The Serious Fraud Office has commenced a number of enquiries into alleged abuse of the Government’s COVID-19 Wage Subsidy. Director Julie Read said the allegations relate to multiple complex cases of potential fraud that have been referred to the agency following extensive investigations ... More>>

ComCom: Companies In Hot Water For Selling Unsafe Hot Water Bottles And Toys

A wholesaler and a retailer have been fined a total of $140,000 under the Fair Trading Act for selling hot water bottles and toys that did not comply with mandatory safety requirements. Paramount Merchandise Company Limited (Paramount) was fined $104,000 after pleading guilty in the Manukau District Court... More>>

Reserve Bank: Robust Balance Sheets Yield Faster Economic Recovery

Stronger balance sheets for households, businesses, financial institutions and the government going into the pandemic contributed towards maintaining a sound financial system and yielding a faster economic recovery than following previous deep recessions... More>>

Transpower: Releases Independent Report Into Events Of August 9
Transpower’s Chief Executive Alison Andrew has today released an independent report into the grid emergency of August 9 when insufficient generation was available to meet demand, leading to some customers being disconnected... More>>