WBD stock is up nearly 4.5% after the news.
Comcast will also continue to offer WBD content as part of its U.S. NOW TV streaming services.
We extended our partnership with Warner Bros.
Warner Bros. Discovery CEO David ZaslavJamie McCarthy/Getty Images
The companies also announced that Sky UK and Warner Bros.
Discovery have broadened their collaboration to bring the very best of Warner Bros.
This new partnership provides an expanded portfolio of content for our customers who enjoy Warner Bros. Discoverys popular storytelling.
Todays announcement is very exciting for everyone who loves award-winning scripted entertainment and movies.
Our new agreement will continue Warner Bros. Discoverys long-standing collaboration with Sky UK.
Financial details of the agreement were not disclosed.
The new contract announced likely moots that the legal fight.
Its been a rather momentous year for linear television withWarner Bros. Comcast last month unveiled a potentially game changingspinoff of most of its cable networksinto a separate public company.
