Is that partnership also what runs Nick? On analogue, it shared Paramount's frequency, and the transition was seamless.
No, but Nick and Paramount shared playout in the 90s so the changeover was totally seamless.
Sky has two different companies which hold their shares in Nick and Comedy Central. 'Kidsprog Ltd' holds Sky's 40% stake in Nickelodeon, and 'Sky Comedy Ltd' holds the 25% stake in Comedy Central/Paramount Partnership.