Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Sky Television Says Igloo Will Show Full-Year Loss in 2012

Dec. 7 (Bloomberg) -- Sky Network Television Ltd., New Zealand’s largest pay television company, said its new Igloo service will make a loss in the 2012 year.

The new service offers free-to-air channels and the option of 11 pay channels which customers can buy on a monthly pre-pay basis, the Auckland-based company said in a statement. Sky has a 51 percent stake in the service and its share of the net loss will be NZ$1.6 million in 2012. Television New Zealand will own 49 percent.

Sky forecasts about 50,000 subscribers will join the service by the end of 2012. Customers require a set-top box which is expected to sell at retail outlets for less than NZ$200, the company said.

The pay channels on offer include Food TV, BBC World News, Comedy Central and the National Geographic Channel. Sports and movies will be available on a pay-per-view basis, Sky said.

To contact the reporter on this story: Tracy Withers in Wellington at

To contact the editor responsible for this story: Chris Bourke at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.