By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > News > Sky sues Warner Bros over Harry Potter production deal ‘breaches’
News

Sky sues Warner Bros over Harry Potter production deal ‘breaches’

News Room
Last updated: 2024/09/27 at 6:16 PM
By News Room
Share
4 Min Read
SHARE

Stay informed with free updates

Simply sign up to the Media myFT Digest — delivered directly to your inbox.

Sky has accused Warner Bros Discovery of repeatedly violating an agreement that gave it the right to co-produce shows alongside the Max streaming service — including a new Harry Potter series that is expected to debut in 2026.

In a lawsuit filed in New York on Friday, Sky said “the loss of the opportunity to partner in the funding and production of the wholly unique and irreplaceable Harry Potter series cannot be completely or adequately quantified”.

But the Comcast-owned media group estimated the lost revenue would reach hundreds of millions of dollars “at the very least”, noting in the lawsuit that the value of the Harry Potter brand has been “estimated to be worth at least $25bn”.

Sky’s co-production deal dates back to 2019, when the Warner Bros studio was owned by AT&T. The confidential agreement required Warner to offer Sky the chance to co-fund and co-produce original content from HBO Max — the Warner-owned streaming service since rebranded as Max — every year, according to the lawsuit. Warner was subsequently spun off from AT&T and merged with Discovery to form WBD.

The dispute comes ahead of negotiations over the future of HBO programming on Sky in the UK, with WBD already talking to rival streaming and TV services about licensing its content once an exclusivity deal ends at the start of 2026.

WBD will show HBO programmes such as House of Dragons, Succession and White Lotus on its Max streaming service in the UK starting in 2026. Sky has exclusively shown these hit series — which are a crucial part of its bundle of entertainment and sports for subscribers — under a deal struck in 2019, the year after Comcast acquired Sky for about £30bn.

Sky chief executive Dana Strong has said the group would strike a deal for HBO content on Sky platforms, which could include the broadcaster carrying Max as a channel. However, it is unlikely to be on the same exclusive terms as Sky has benefited from.

Sky said it had filed the lawsuit to “enforce our rights to partner in the production and distribution of highly valuable content”.

WBD did not respond to a request for comment.

The US company announced plans for a new Harry Potter series in April 2023, with author JK Rowling acting as executive producer. The creator of the Harry Potter stories said at the time the series would be “a faithful and authentic adaptation of the books”.

Casting for the series began earlier this month — a fact Sky noted in its suit, calling it “the latest demonstration of its total disregard for Sky’s rights”, noting that production could start next April.

Read the full article here

News Room September 27, 2024 September 27, 2024
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Yahoo Finance: Market Coverage, Stocks, & Business News

Watch full video on YouTube

How A Million Miles Of Undersea Cables Power The Internet — And Now AI

Watch full video on YouTube

Tesla bull Dan Ives talks why he’s still bullish, AT&T COO talks wireless competition

Watch full video on YouTube

Why The U.S. Is Running Out Of Explosives

Watch full video on YouTube

REX American Resources Corporation 2026 Q3 – Results – Earnings Call Presentation (NYSE:REX) 2025-12-05

This article was written byFollowSeeking Alpha's transcripts team is responsible for the…

- Advertisement -
Ad imageAd image

You Might Also Like

News

REX American Resources Corporation 2026 Q3 – Results – Earnings Call Presentation (NYSE:REX) 2025-12-05

By News Room
News

Aurubis AG (AIAGY) Q4 2025 Earnings Call Transcript

By News Room
News

A bartenders’ guide to the best cocktails in Washington

By News Room
News

C3.ai, Inc. 2026 Q2 – Results – Earnings Call Presentation (NYSE:AI) 2025-12-03

By News Room
News

Stephen Witt wins FT and Schroders Business Book of the Year

By News Room
News

Verra Mobility Corporation (VRRM) Presents at UBS Global Technology and AI Conference 2025 Transcript

By News Room
News

Zara clothes reappear in Russia despite Inditex’s exit

By News Room
News

U.S. Stocks Stumble: Markets Catch A Cold To Start December

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?