Comcast-ViacomCBS Streaming Wins Regulatory Approval


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Comcast Corp (NASDAQ:CMCSA) and ViacomCBS Inc (NASDAQ:VIACwon full regulatory approval for their new streaming joint venture and plans to launch in more than 20 European markets encompassing 90 million homes starting later this year.

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  • Monty 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. 
  • SkyShowtime will ultimately be available 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.
  • SkyShowtime's vast offering will span 10,000 hours of content across all genres and audience categories.
  • Price Action: CMCSA shares traded lower by 0.12% at $49.88 on the last check Wednesday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: GovernmentNewsRegulationsTechBriefs