Hollywood
Warner Bros and Sky Deutschland extend movie rights contract
BENGALURU: Sky Deutschland and Warner Bros. International Television Distribution (WBITD) announced that they have agreed to an early extension of their cooperation for several more years. The long-term contract between Sky and Germany’s top film distributor includes on demand rights for all current new movies during the pay-TV window as well as exclusive pay-TV rights to all Warner movies across several platforms. Film fans will be able to continue enjoying exclusive access to the most recent cinema blockbusters from Warner as television premieres on Sky. Upcoming highlights include films such as “Interstellar”, “Horrible Bosses 2”, “Magic in the Moonlight”, “Mad Max: Fury Road” , and “Der Nanny” from Matthias Schweighöfer.
Content will also be available whenever and wherever subscribers want it via non-linear services Sky Go and Sky Anytime. In addition to current first broadcasting rights, Sky is acquiring exclusive pay-TV rights to a comprehensive package of high quality library films including rights for Sky Go and Sky Anytime.
Sky Deutschland executive vice president, programming Gary Davey said, “Warner Bros. has been one of Sky’s closest and strongest partners for years. And now we’re pleased to announce a multi-year extension. We would like to thank Warner for its trust and look forward to continuing this successful cooperation. In the future, film fans will be able to keep on enjoying the wide-ranging movie offering that is only available on Sky.”
“We are incredibly pleased to be continuing our long-standing relationship with Sky Deutschland,” said WBITD president Jeffrey R. Schlesinger. “As our television business continues to evolve and consumer behaviours shift to include more options for viewing our content, it is important to have a smart, sophisticated and marketing-savvy partner like Sky in Germany and Austria to showcase our films in the first pay TV window. “
Rupert Murdoch’s 21st Century Fox is in the process of selling its majority stake in Sky Deutschland to UK based BskyB which is also taking full control of Fox’s Sky Italia and will combine the three pay-TV groups to form Europe’s largest pay-TV service with 20 million subscribers.
Hollywood
Paramount eyes $24bn Gulf support to fund Warner Bros Discovery merger: Reports
Sovereign funds line up funding as media giants chase streaming scale
NEW YORK: Paramount Skydance is in talks to secure nearly $24 billion in equity commitments from Gulf sovereign wealth funds to support its planned takeover of Warner Bros. Discovery, according to a WSJ report.
The funding push comes as Paramount Skydance advances its proposed $110 billion deal for Warner Bros. Discovery, which carries an equity valuation of $81 billion and is expected to close in the third quarter of 2026.
At the heart of the financing plan are three major Gulf investors. Saudi Arabia’s Public Investment Fund is expected to contribute roughly $10 billion, while the Qatar Investment Authority and Abu Dhabi-based L’imad Holding are likely to make up the remainder.
Crucially, the proposed investments are structured as non-voting stakes. This means the Gulf backers would not have direct control in the combined entity, a move designed to ease regulatory concerns in the United States. Paramount executives reportedly do not expect the deal to trigger scrutiny from bodies such as the Committee on Foreign Investment in the United States or the Federal Communications Commission.
If completed, the merger would bring together a formidable portfolio of entertainment and news assets, including CNN and CBS. The combined entity aims to better compete in a fast-evolving media landscape where streaming platforms are steadily pulling audiences away from traditional television.
The deal reflects a broader shift in global media, where scale is increasingly seen as essential to survive the streaming wars. By pooling content libraries, technology and distribution, Paramount Skydance and Warner Bros. Discovery are betting on size and synergy to drive future growth.
The involvement of deep-pocketed Gulf investors also underscores the growing role of sovereign wealth in shaping global media consolidation, particularly at a time when high-value deals demand equally large financial backing.
With shareholder votes and regulatory milestones still ahead, the proposed tie-up remains one of the most closely watched media deals of the year. If it clears the final hurdles, it could redraw the competitive map of the global entertainment industry.
