What Happened
Mega Merger Creates Uncertainty For Streaming Partnership
Paramount’s proposed $110 billion acquisition of Warner Bros. Discovery is expected to create complications for its SkyShowtime partnership with Comcast, a streaming service available in 22 European markets with over 9 million subscribers. The deal may put Paramount in breach of its joint venture agreement, according to industry sources. Paramount and Comcast have invested at least $1 billion into SkyShowtime since its launch. This article was first reported by Deadline.