SkyShowtime May Be Sold or Shut Down, Board Warns In Memo Shared With Staff (Exclusive)
World2 sources1 country🔦 Under-reported24m ago
The board of SkyShowtime, a European streaming service operated as a joint venture between Comcast and Paramount, has initiated a formal review of strategic options for the business. In a memo shared with staff and sent to CEO Monty Sarhan, the board warned that the platform could potentially be sold or completely shut down.
The joint owners launched the review process on Monday to evaluate the future of the streaming platform. Sarhan subsequently addressed the development internally as the company weighs its operational path moving forward.
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How the coverage differs
Same story, different emphasis — here's what each outlet chose to lead with.
Variety (US)Highlights the potential shuttering of the service and mentions Paramount Skydance.
The Hollywood Reporter (US)Focuses on the joint owners launching a strategic review via a Monday memo.
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