Sky Network Television acquired RugbyPass for $40m.

Sky Network Television, a New Zealand pay television satellite TV provider, acquired RugbyPass, the premier online destination for global rugby fans, offering a live streaming rugby service across Asia, Australia and Europe, for $40m. Sky Chief Executive Martin Stewart says: “We are thrilled to be bringing RugbyPass under the Sky umbrella. Its media channels are reaching over 40m people a month and growing quickly, and as the rights-holder for SANZAAR in 62 countries across Asia and Europe (including exclusively in 39 countries), it has an impressive following of rugby fans who have plenty of potential to buy streaming services.”