Sky has accused Warner Bros Discovery of repeatedly violating an agreement that gave it the right to co-produce shows alongside the Max streaming service — including a new Harry Potter series that is expected to debut in 2026.
In a lawsuit filed in New York on Friday, Sky said “the loss of the opportunity to partner in the funding and production of the wholly unique and irreplaceable Harry Potter series cannot be completely or adequately quantified”.
But the Comcast-owned media group estimated the lost revenue would reach hundreds of millions of dollars “at the very least”, noting in the lawsuit that the value of the Harry Potter brand has been “estimated to be worth at least $25bn”.