Paramount & Comcast Sink $1B Into Loss-Making Euro Streamer SkyShowtime
NegativeEntertainment

Paramount and Comcast have poured over $1 billion into their European streaming service, SkyShowtime, which is still struggling to turn a profit after three years since its launch in 20 markets, including Spain and Poland. This situation highlights the challenges faced by new streaming platforms in a competitive market, raising questions about the sustainability of such investments and the future of SkyShowtime.
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