SKY Network Television to Not Renew Content Offering Deal With Warner Bros. Discovery
MT Newswires Live
Feb 17
SKY Network Television (NZE:SKT, ASX:SKT) said it will not renew its co-exclusive content agreement with Warner Bros. Discovery when it ends in mid-June, according to a Tuesday filing with the Australian and New Zealand bourses.
The decision follows an extensive review of the company's content and comes as Warner Bros. Discovery plans to launch its direct-to-consumer service in New Zealand, the filing said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.