Comcast and Paramount Open Strategic Review of 22-Country SkyShowtime Including Wind-Down Option
SkyShowtime's board notified CEO Monty Sarhan on September 14, 2026, that a strategic review is underway, with winding down the service across all 22 European markets listed as a possibility alongside a potential sale; no decision has been made. The joint venture posted a €543.7 million operating loss in 2024 against €275 million in revenue, and any employee-affecting outcome would trigger country-specific consultation requirements across multiple European jurisdictions before implementation. One source explicitly disputed a direct link between the review and the paused Paramount-Warner Bros. Discovery acquisition, which remains under a court-ordered standstill pending a trial scheduled for March 2027.