Spain's Movistar Plus and Skydance today said they have extended their "strategic alliance" through a new two-year global agreement.
The deal extension is one of the first big international pacts confirmed by Skydance since it closed its mega merger with Warners.
Under the deal, the two entities will launch a joint label for local original projects developed by both companies. The announcement said the projects will have "national and international ambitions." The series will premiere simultaneously on Movistar Plus and HBO Max in Spain. The first two titles to carry the joint Originals label are: Related Stories News Who Is In Charge At Skydance International - For Now At Least News Netflix's Bela Bajaria Has No Regrets Over Failed Warners Buy: "It Was Always A Nice To Have At A Certain Price"
The agreement also includes the renewal of a selection of Skydance TV channels available on Movistar Plus. The renewed line-up includes Warner TV, TCM, Discovery, Eurosport 1 and Eurosport 2, as well as the Cartoon Network VOD service. Movistar Plus will also continue to have access to first-run films and catalogue titles from Warner Bros. Pictures. The agreement includes non-exclusive rights to the PGA Tour. The deal will run from July 2026 through December 2027. Watch on Deadline
Alfonso Gómez Palacio, CEO of Movistar Plus, said in a statement: "This agreement strengthens our long-standing strategic partnership with Skydance and allows us to continue offering our customers one of the most comprehensive entertainment propositions in the market, combining the best user experience with some of the most recognized content and brands in the audiovisual industry."
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Source: Lifestyle
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