HBO and Sky have announced a $250 million multi-year co-production agreement.
This move comes on the back of Sky screening many HBO shows - such as Game of Thrones, Veep and The Leftovers - and is clearly upping the ante in the satellite broadcaster's battle for subscribers.
Richard Plepler, HBO’s Chairman and CEO of HBO said: "Sky has been a great partner for us and this deal allows even deeper collaboration between our two great companies, which have long tradition in creating superior content for our customers. Together we represent the best in television and combined we will raise the bar even higher in pay TV programming."
The Sky Atlantic channel that launched in Ireland and the UK in September 2012, and which is now also available in Germany and Italy, continues to be the home for HBO content in the various Sky markets.
"HBO and Sky have for many years shared a common creative culture and a common vision for the development of high quality drama," added Jeremy Darroch, Group CEO of Sky.
"This new venture deepens that relationship, maintains our leadership position in world-class content, provides great opportunities for indies and gives our customers even more opportunity to enjoy brilliant story telling."
The partnership is expected to yield at least two drama projects per year with the first due to screen in 2018.
