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Sky TV Acquires Warner Bros. for $1, Boosts Revenue

7/22/2025

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Summary

Story summary

Sky TV NZ is set to acquire Warner Bros. Discovery's free-to-air business in New Zealand, including Three and ThreeNow, for just $1. This pivotal move, finalizing on August 1, is projected to elevate Sky's annual revenue by $95 million and strengthen its advertising presence, while keeping current content unchanged for viewers.

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Story summary

Sky TV NZ is set to acquire Warner Bros. Discovery's free-to-air business in New Zealand, including Three and ThreeNow, for just $1. This pivotal move, finalizing on August 1, is projected to elevate Sky's annual revenue by $95 million and strengthen its advertising presence, while keeping current content unchanged for viewers.