🌀Misc
🕒 20 hrs ago

Sky NZ Buys $1 TV Empire: Three Channels, Zero Debt, One Surreal Deal

Thumbnail for Sky NZ Buys $1 TV Empire: Three Channels, Zero Debt, One Surreal Deal
Image & Source: broadcastnow

Sky NZ snaps up New Zealand’s Three, Eden, Rush, and HGTV from Warner Bros Discovery for a singular $1, gaining the nation’s second-biggest channel and 50% of Bravo. Top trending queries—'Why did WBD sell TV for $1?' and 'What channels does Sky NZ own?'—collide with the reality that a streaming giant exits for less than a bag of chips, leaving Animal Planet and Discovery Channel behind for a newly rebalanced TV kingdom.

The $1 deal turns New Zealand’s TV landscape on its head as Sky gains ThreeNow’s streamer and a slice of Bravo, spurring searches like 'Who controls NZ TV now?' and 'What’s next for Three?' Meanwhile, WBD keeps its animal-themed pay channels, giving us the rare spectacle of a $20 million business acquired, then auctioned for the price of a single New Zealand coin. Sky now juggles reality TV, rush-hour news, and half a Bravo, all for less than a flat white.

Despite the $20 million valuation five years ago, Warner Bros Discovery’s entire NZ linear TV empire transferred to Sky for just $1—roughly the price of a parking meter in Auckland, but with more drama and fewer coins.

Source Random

Still Feeling Curious?

You Might Like

Weirdfeed Picks