Dec 11, 2024
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Hot Stocks 🔥

Warner Bros Discovery Up After Deal With Sky | Nemo

Name of opportunity: 👀

Warner Bros Discovery Inc

Warner Bros extends deal with Sky 🎬

Earlier this week, Warner Bros and Sky renewed their partnership, which might be why the stock has seen an increase in price in the past week, going up nearly 4%. 

Analysts are calling Warner Bros Discovery a ‘buy’, meaning it might be a solid addition to your portfolio. Warner Bros Discovery currently has a solid cash flow and revenue - indicating strong financial health.

How hot is this investment opportunity? 🔥🔥

Analysts predict the price of WARNER BROS DISCOVERY INC might increase from $10.66 to $12.25 in the next 12 months. If you invested $1000, you might profit $149.23.

The partnership renewal with Sky means that UK and Ireland audiences will gain access to Warner Bros Discovery’s new streaming service, Max (formerly HBO max), for free with Sky in 2026. 

After the launch in 2026, viewers in the UK and Ireland will be able to watch shows on Max for free but with ads included. Sky has also reportedly withdrawn their lawsuit with Warner Bros Discovery after this new deal was struck.

Popular HBO shows such as House of Dragon and The Last Of Us are still available on Sky and Now for subscribers.

After this new deal was struck, Warner Bros stock is on the rise, with analysts recommending that now might be a good time to buy.

Leading Entertainment Company🎞️

Warner Bros Discovery is an American global media and entertainment conglomerate that is headquartered in New York City, United States. The entertainment company merged with Discovery+ in 2022.

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Han Tan

Han Tan is a seasoned financial journalist and news presenter renowned for his expertise in global markets. With a career highlighted by interviews with prominent figures and recognition from major media outlets like CNN and Reuters, he delivers insightful analysis on market news and macroeconomic trends to clients and international audiences. Han's sharp commentary on currencies, stocks, and commodities is familiar to viewers of Bloomberg TV Malaysia, BFM 89.9, and NTV7, cementing his sterling reputation in the industry.