Paramount Global's Agreement with Skydance Ensures Paramount+ Success

Thursday, 11 July 2024, 15:32

Paramount Global has secured approval from Skydance for any joint ventures involving Paramount+ streaming service. The transaction agreement between the two companies outlines specific restrictions for joint ventures and bundling deals with major U.S. streamers. This partnership is crucial for Paramount Global to expand and maximize the potential of Paramount+ in the competitive streaming market.
Variety
Paramount Global's Agreement with Skydance Ensures Paramount+ Success

Paramount Global Secures Skydance Approval

Paramount Global has reached an agreement with Skydance that requires approval for any joint ventures involving Paramount+.

Restrictions on Paramount+ Joint Ventures

The transaction agreement includes specific restrictions on joint ventures and bundling deals with major U.S. streamers.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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