Sky New Zealand Partners Exclusively with Paramount Global
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3d ago
0mins
Sky New Zealand and Paramount Global Content Distribution announce an exclusive partnership, "bringing an exceptional lineup of US premium drama, procedurals, kids and comedy content to Sky and Neon audiences," Sky announced in a notice to the NZX. Sophie Moloney, Sky Chief Executive said: "This is an expansive deal and represents a significant step forward in our refreshed entertainment strategy, with broadened content partnerships and a data-driven focus on delivering variety and quality of content. We know what our customers watch and value, and we're building on those insights to curate the content that resonates most with our audiences."
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Analyst Views on PSKY
Wall Street analysts forecast PSKY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PSKY is 14.08 USD with a low forecast of 8.00 USD and a high forecast of 19.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
1 Buy
7 Hold
7 Sell
Moderate Sell
Current: 11.260
Low
8.00
Averages
14.08
High
19.00
Current: 11.260
Low
8.00
Averages
14.08
High
19.00
About PSKY
Paramount Skydance Corp, formerly New Pluto Global, Inc., is a holding company. It operates through its wholly owned subsidiaries, Paramount Global (Paramount) and Skydance Media, LLC (Skydance). Paramount is a global media, streaming and entertainment company that creates premium content and experiences for audiences worldwide. Its consumer brands include CBS, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+ and Pluto TV. In addition to offering streaming services and digital video products, it also provides production, distribution and advertising solutions. Skydance is a diversified media company focused on creating event-level entertainment for global audiences. Skydance develops, finances and produces live-action and animated films, television shows, sports content and interactive games worldwide. Skydance has also produced 31 seasons of live-action and animated television content across 16 series and supplies content across a range of platforms.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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