Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Comcast and ViacomCBS Announce Full Regulatory Approval for SkyShowtime

BusinessWire_EN 
0 0 02.02.22
Comcast and ViacomCBS Announce Full Regulatory Approval for SkyShowtimehttp://commons.wikimedia.org/wiki/File:Comlogo2012.png: http://s3-eu-west-1.amazonaws.com/sharewise-dev/attachment/file/12106/Comlogo2012.png
 

Comcast Corporation (NASDAQ: CMCSA) and ViacomCBS Inc. (NASDAQ: VIAC, VIACA), today announced that SkyShowtime, their new streaming joint venture, has received full regulatory approval and plans to launch in more than 20 European markets encompassing 90 million homes starting later this year.

SkyShowtime CEO Monty Sarhan, said, “We are pleased that SkyShowtime has received all regulatory approvals and are excited to bring this new, unique and compelling entertainment service—with a broad range of some of the world’s leading content—to millions of consumers across these markets.”

Sarhan was named CEO of SkyShowtime earlier this year. A veteran of both Comcast and ViacomCBS, Sarhan also spent over a decade at the subscription television service EPIX. As EVP and General Manager of EPIX, he secured full national distribution with MVPDs and launched EPIX’s direct to consumer service, leading the company through its fastest period of revenue growth and more than doubling subscribers.

SkyShowtime will ultimately be available in the following markets: Albania, Andorra, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Denmark, Finland, Hungary, Kosovo, Montenegro, Netherlands, North Macedonia, Norway, Poland, Portugal, Romania, Serbia, Slovakia, Slovenia, Spain, and Sweden.

SkyShowtime’s vast offering will span 10,000 hours of content across all genres and audience categories, including scripted dramas, kids and family, key franchises, premiere movies, local programming, documentaries/factual content, and more.

Further details on SkyShowtime, including pricing, will be announced at a later date.

CMCSA, VIAC - IR

About SkyShowtime:

SkyShowtime is a new subscription video on demand (SVOD) entertainment service that will launch later this year.

A joint venture of Comcast Corporation (NASDAQ: CMCSA) and ViacomCBS Inc. (NASDAQ: VIAC, VIACA), SkyShowtime brings together the combined resources of both companies, direct-to-consumer experience, and the very best entertainment, movies, and original series from across the NBCUniversal, Sky and ViacomCBS portfolio of brands, including titles from NBCUniversal, Universal Pictures, Sky Studios, Peacock, Paramount+, SHOWTIME®, Paramount Pictures and Nickelodeon.

SkyShowtime will be available in more than 20 European markets encompassing 90 million homes. It will be offered in Albania, Andorra, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Denmark, Finland, Hungary, Kosovo, Montenegro, Netherlands, North Macedonia, Norway, Poland, Portugal, Romania, Serbia, Slovakia, Slovenia, Spain, and Sweden.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220202005331/en/

Comcast Corp. Stock

€38.27
1.390%
There is an upward development for Comcast Corp. compared to yesterday, with an increase of €0.53 (1.390%).
With 18 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 45 € there is a slightly positive potential of 17.59% for Comcast Corp. compared to the current price of 38.27 €.
Show more
Like: 0
Share
BusinessWire_EN 
Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Investor relations, public relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia.

Legal notice

Comments

Not a member yet? Sign up for free!