VIACA - Comcast/ViacomCBS Europe venture SkyShowtime gets regulators' OK

Comcast (CMCSA -0.2%) and ViacomCBS (VIAC -2%, VIACA -2.4%) have received full regulatory approval for SkyShowtime, the new streaming joint venture between the two aimed at Europe. The service now plans to launch in more than 20 European markets, covering 90 million homes, later this year. The service will feature 10,000 hours of content across all genres and audiences, including scripted dramas, kids and family, key franchises, premiere movies, local programming, documentaries/factual content, and more, the companies say. SkyShowtime will be led by Monty Sarhan, a veteran of both Comcast and ViacomCBS as well as a 10-year veteran at the Epix subscription TV service that went direct-to-consumer under his leadership.

For further details see:

Comcast/ViacomCBS Europe venture SkyShowtime gets regulators' OK