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Sky Network Television (ASX:SKT) renews multi-year agreement with Warner Bros. Discovery

ASX News, Communication Services
ASX:SKT      MCAP $309.7M
07 July 2023 11:19 (AEDT)

Sky Box Interface Source: Sky Network Television

Sky Network Television (SKT) has renewed its multi-year agreement with Warner Bros. Discovery.

The long-standing agreement includes channel and content rights to some of the world’s most popular series and movies.

It allows Sky to be the home of HBO, Max Originals, Warner Bros. and Discovery for New Zealand audiences.

“As a business, we are making clear, informed choices about the content we want using the deep knowledge we have of our customers’ viewing preferences,” SKT CEO Sophie Moloney said.

“With that in mind, we’re thrilled that this new deal also has optionality at its core, giving us the flexibility to continue entertaining audiences across multiple platforms in the years ahead.”

Shares in SKT last traded at $2.20.

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