[REVISION HISTORY]

SkyShowtime strategic review by Comcast and Paramount

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2026-09-15 08:19 UTC → 2026-09-15 16:13 UTC · added ~~removed~~

Comcast and Paramount ~~are conducting~~ Skydance have launched a strategic review of SkyShowtime, their European streaming joint venture. The review, ~~disclosed in~~ communicated via a ~~letter from the SkyShowtime~~ board letter to CEO Monty Sarhan, includes the possibility of ~~winding~~ shutting down or selling the service due to ~~the highly~~ an increasingly competitive ~~nature of the industry. Established~~ and demanding market landscape. Launched in ~~2021,~~ late 2022, SkyShowtime ~~provides~~ operates in approximately 22 European markets, serving several million subscribers by aggregating content from NBCUniversal, Paramount, Sky Studios, ~~Paramount, Showtime, Nickelodeon,~~ and ~~DreamWorks across 22 markets. While no final decisions have been reached~~ other major studios. The platform serves regions where Peacock and Paramount+ are not directly available. While the service will continue to operate normally during the ~~process, the potential restructuring~~ review, shareholders are evaluating all strategic options, with a final resolution not expected until 2027. This process occurs amid broader ~~corporate shifts, including Comcast’s plans to separate NBC and Sky~~ industry shifts and ~~Paramount’s pursuit of a merger with Warner Bros. Discovery.~~ restructuring within the parent companies.

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