Dec 11, 2024
 in 
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 Sky has also reportedly withdrawn their lawsuit with Warner Bros Discovery after this new deal was struck.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 Chief Market Analyst at Nemo.money, bringing over a decade of experience in financial markets as both a seasoned journalist and analyst. Known for his sharp insights into stocks, currencies, and commodities, Han has become a familiar face to national audiences through appearances on Bloomberg TV Malaysia, BFM 89.9, and NTV7 — earning him a trusted reputation in financial media. Before joining Nemo, Han served as Market Analyst at Exinity Group from 2019, where his commentary on macroeconomic trends and market-moving news was regularly featured by global outlets including Reuters, Bloomberg, CNN, BBC, and AFP. Today, Han brings that same clarity and depth to Nemo’s community, delivering content-led ideas that empower first-time investors to confidently navigate global markets.