Comcast and Warner Bros. Discovery have inked a set of anticipated long-term agreements that will deliver WBD’s extensive portfolio of content to Xfinity and Sky UK and Ireland customers using Comcast’s global technology platform across linear television, apps, and streaming services.
Comcast said the renewal agreements further the companies’ longstanding distribution relationship with WBD’s portfolio of linear cable networks for Xfinity TV customers, including TNT, TBS, CNN, Discovery, Food Network, HGTV, TLC, and Investigation Discovery.
WBD stock is up nearly 4.5% after the news.
In addition, the agreements provide continued carriage of HBO and expand Comcast’s rights to package the ad-supported versions of Max and Discovery+ in its streaming bundles. Comcast will also continue to offer WBD content as part of its U.S. NOW TV streaming services.
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The announcement today is interesting because it constitutes a global agreement
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