Business
Why the Sky Network (ASX:SKT) share price is marching higher today
The Sky Network Television Limited (ASX: SKT) share price is lifting today after the company announced a renewed multi-year deal with Discovery. At the time of writing, the Sky share price is up 3.2% at 16 cents. In comparison, the All Ordinaries Index (ASX: XAO) is up 0.7% to 6,915 points.
Discovery is a popular American multinational television network that provides viewers with real-life entertainment, including factual and lifestyle shows.
Renewed partnership
According to the announcement, Sky has extended its partnership with Discovery under a multi-year agreement.
Although no exact terms have been released, Sky said customers would be offered a raft of well-known programs. These include Discovery Channel, TLC, Discovery…
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