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Comcast, Paramount Skydance mull shutting European streaming venture SkyShowtime

Source: reuters.com

Media & EntertainmentM&A & Restructuring
Comcast, Paramount Skydance mull shutting European streaming venture SkyShowtime

Comcast's NBC and Paramount Skydance are considering winding down SkyShowtime, their European streaming joint venture, according to a letter reviewed by Reuters. The potential dissolution signals a restructuring of the partners' European streaming strategy, though no financial terms, timeline, or operational impact were disclosed.

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