Lightbox (New Zealand)

Pay-television broadcaster Sky New Zealand this month stepped in to acquire PGA Tour golf rights after streaming service Coliseum negotiated the termination of its deal.

New media player Coliseum has developed into a pan-Asian service and will wind down operations in its home market of New Zealand.

Lightbox Sport, the joint venture between New Zealand online subscription services Coliseum and Lightbox launched last month, will be an aggressive competitor for sports rights, according to Coliseum founder…