Comcast, Paramount weigh shutting down SkyShowtime
The Hollywood Reporter’s Alex Weprin reports that Comcast and Paramount Skydance are reviewing strategic options for European joint venture SkyShowtime, including a possible wind down. The board told CEO Monty Sarhan Monday that no decisions have been made yet.
Why it matters. A shutdown would mark one of the first major streaming joint ventures to unwind as parent companies retreat from costly international scale plays.
Signal from hollywoodreporter.com · Alex Weprin · read the original.
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