Comcast, Paramount Skydance weigh shutting down SkyShowtime in Europe

The SkyShowtime board told CEO Monty Sarhan it is weighing strategic options, including shutting down the platform, citing a competitive and challenging market.

Why it matters. If SkyShowtime folds, Comcast and Paramount Skydance would each need to find new distribution paths for their content across 22 European markets.

Signal from reuters.com · Tasim Zahid · read the original.

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