Sky TV to acquire Discovery NZ for $1

Sky TV has agreed to buy 100% of Discovery NZ, the owner of Three and ThreeNow, for $1. The deal, announced to the NZX, will see Warner Bros Discovery exit New Zealand's free-to-air television market.

Sky TV has agreed to buy 100% of Discovery NZ, the owner of Three and ThreeNow, for $1. The deal, announced to the NZX, will see Warner Bros Discovery exit New Zealand's free-to-air television market.