LONDON & NEW YORK & PHILADELPHIA -Thursday 19 August 2021 [ AETOS Wire ]
Subscription
Video on Demand Partnership to Include Premium and Original Content
from Sky, NBCUniversal, Universal Pictures, Peacock, Paramount+,
SHOWTIME®, Paramount Pictures, and Nickelodeon
SkyShowtime to
Roll Out in 20+ European Markets Including Spain, Portugal, The Nordics,
Netherlands, Central and Eastern Europe starting in 2022
Press Assets Available HERE
(BUSINESS
WIRE)-- Comcast Corporation (NASDAQ: CMCSA) and ViacomCBS Inc. (NASDAQ:
VIAC, VIACA) today announced a partnership to launch a new subscription
video on demand (SVOD) service in more than 20 European territories
encompassing 90 million homes. SkyShowtime will bring together decades
of direct-to-consumer experience and the very best entertainment,
movies, and original series from the NBCUniversal, Sky and ViacomCBS
portfolio of brands, including titles from SHOWTIME, Nickelodeon,
Paramount Pictures, Paramount+ Originals, Sky Studios, Universal
Pictures, and Peacock. The service’s vast slate will span all genres and
audience categories, including scripted dramas, kids and family, key
franchises, premiere movies, local programming, documentaries/factual
content, and more.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210818005282/en/
The
new SVOD service is expected to launch in 2022, subject to regulatory
approval. It will ultimately be available to consumers 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 will be home to 10,000+
hours of entertainment from some of the top creators and most beloved
content from around the world. The new service will include first-run,
new movies and TV seasons launching every month with a quality library
of all-time favorites, classics, and family and kids programming.
“With
the launch of SkyShowtime we are well positioned to utilize our global
content engine to create a compelling streaming offering, quickly and at
scale, with a smart strategic phased investment,” said Raffaele
Annecchino, President & Chief Executive Officer of ViacomCBS
Networks International. “As a complement to our recently announced
Paramount+ partnership with Sky in the UK, Italy, and Germany,
SkyShowtime represents a huge opportunity to accelerate our market
expansion and build a leadership position in SVOD in Europe.”
“Our
new streaming service, SkyShowtime, will combine the best of the US and
Europe with iconic brands and world-class entertainment for millions of
consumers in more than 20 new markets in Europe,” said Dana Strong,
Group Chief Executive, Sky. “On the heels of Peacock coming to Sky, this
partnership provides an innovative approach to quickly scale
internationally and monetize content across Europe. Drawing on the
strength of the incredible programming from NBCUniversal, Sky, and
ViacomCBS, and powered by Peacock’s platform technology, SkyShowtime
will provide a truly compelling lineup for the whole family and strong
brand recognition across these regions.”
The partnership will be
structured as a joint venture, with equal investment and joint control
by ViacomCBS and Comcast. Further detail on the SkyShowtime service
offering, including subscription price, will be announced at a later
date.
About Comcast Corporation
Comcast Corporation
(Nasdaq: CMCSA) is a global media and technology company that connects
people to moments that matter. We are principally focused on broadband,
aggregation, and streaming with 57 million customer relationships across
the United States and Europe. We deliver broadband, wireless, and video
through our Xfinity, Comcast Business, and Sky brands; create,
distribute, and stream leading entertainment, sports, and news through
Universal Filmed Entertainment Group, Universal Studio Group, Sky
Studios, the NBC and Telemundo broadcast networks, multiple cable
networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and
Sky Sports; and provide memorable experiences at Universal Parks and
Resorts in the United States and Asia. Visit www.comcastcorporation.com
for more information.
About ViacomCBS
ViacomCBS (NASDAQ:
VIAC; VIACA) is a leading global media and entertainment company that
creates premium content and experiences for audiences worldwide. Driven
by iconic consumer brands, its portfolio includes CBS, Showtime
Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET,
Paramount+, Pluto TV and Simon & Schuster, among others. The company
delivers the largest share of the U.S. television audience and boasts
one of the industry’s most important and extensive libraries of TV and
film titles. In addition to offering innovative streaming services and
digital video products, ViacomCBS provides powerful capabilities in
production, distribution and advertising solutions.
For more information about ViacomCBS, please visit www.viacomcbs.com and follow @ViacomCBS on social platforms.
VIAC-IR
View source version on businesswire.com: https://www.businesswire.com/news/home/20210818005282/en/
Contacts
Media Contacts:
Comcast
Jennifer Khoury (215) 286-7408
John Demming (215) 286-8011
ViacomCBS
Justin Dini (917) 216 7629
Kate Laverge (347) 754-1677
Sky
Andrew Swailes (011) 44 7975 688993
Investor Contacts:
Comcast
Marci Ryvicker (215) 286-4781
ViacomCBS
Anthony DiClemente (917) 796-4647
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