Sky New Zealand Buys Local Warner Bros Discovery Channels For 60 Cents

Sky New Zealand has acquired Warner Bros Discovery’s local channels business for a token sum of NZ$1 (60¢). The surprise deal will see Sky becoming New Zealand’s dominant TV media player by acquiring 100% of the shares in Discovery NZ from Discovery Networks Asia-Pacific, a subsidiary of WBD, on a cash-free, debt-free basis. It will […]

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