Canwest Comments On Sky Buy Up Of Prime TV
Statement from CanWest MediaWorks CEO Brent Impey in relation to Sky announcement regarding Prime TV
“As far as we’re aware this will create a unique situation in international television where a pay TV monopoly also enters the free to air broadcast environment. We are considering the implications of this for New Zealanders.”
CanWest MediaWorks (NZ) Limited (NZX: MWL) (website: www.mediaworks.co.nz) is New Zealand’s leading private sector broadcast media company. Through its wholly owned subsidiaries CanWest TVWorks Limited and CanWest RadioWorks Limited, it owns and operates the TV3 and C4 television networks, national radio brands The Edge, The Rock, More FM, Kiwi FM, Radio Live, Radio Pacific/Radio Trackside, Solid Gold and The Breeze, plus several local radio stations.
CanWest MediaWorks NZ is a majority owned subsidiary of CanWest Global Communications Corp. (TSX: CGS.SV; CGS.NV, NYSE: CWG). CanWest, an international media company, is Canada’s largest publisher of daily newspapers, and also owns, operates and/or holds substantial interests in conventional television, out-of-home advertising, specialty cable channels, Web sites and radio networks in Canada, New Zealand, Australia, the United Kingdom and Ireland.