Sky Expands HBO Deal Across Europe
12 11월 2015 - 9:30AM
Dow Jones News
By Simon Zekaria
LONDON--U.K.-based satellite broadcaster and pay-television
company Sky PLC (SKY.LN) Thursday said it is has expanded its
production and content distribution deal with Time Warner Inc.'s
(TWX) cable and satellite network HBO across European markets,
without disclosing financial details.
Under the deal, Sky will have exclusive rights to broadcast
first-run HBO shows in Germany, Austria and Italy until 2020,
following a similar arrangement for the U.K. and Ireland, Sky
said.
The agreement is the first pan-European content deal covering
all Sky territories that the broadcaster has negotiated, the
company added.
Last year, Sky bought its sister companies in Germany and Italy
from 21st Century Fox Inc. (FOXA) in a deal worth about $9 billion,
creating a pan-European pay-TV giant with nearly 21 million
customers across Germany, Italy, Austria, the U.K. and Ireland.
Sky, Europe's biggest pay-TV company by customer numbers, is
investing in television content to win subscribers and compete with
rivals across competitive telephony, broadband Internet and media
markets.
Sky is 39%-owned by 21st Century Fox, which until June 2013 was
part of the same company as The Wall Street Journal parent, News
Corp. (NWS.AU).
Write to Simon Zekaria at simon.zekaria@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
November 11, 2015 19:15 ET (00:15 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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