Spark NZ Quits Sports Streaming, Ending Four Years of Disruption
This article is for subscribers only.
New Zealand telecommunications company Spark will give up streaming sports content when it shuts its Spark Sports unit in July next year.
Auckland-based Spark said escalating content rights costs and a broader range of investment opportunities across its business were the key drivers of the decision, according to an NZX filing Friday. It announced a content partnering agreement with state-owned broadcaster TVNZ, which it said will become the home of the majority of Spark content from July 1, 2023.