The Comcast-owned streaming platform will continue to grow as it rivals established competitors, ranking ahead of ESPN+ and Apple TV+ in viewership, cementing its spot as a contender in the streaming wars.
Comcast and ViacomCBS announced that 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.
Comcast reported its fourth-quarter 2021 earnings, beating Wall Street’s expectations on both revenue and earnings. NBCUniversal revenue was US$9.3 billion, up 25.6% from Q4 2020, and studio sales were up more than 36%.
SkyShowtime, the new Comcast and ViacomCBS joint venture streaming service, announced that Monty Sarhan will lead the pan-European streamer as its CEO.