The partnership will be structured as a joint venture, with equal investment and joint control.
Further details, including the subscription price, will be announced at a later date.
“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 partners said. It 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 & CEO of ViacomCBS Networks International. “As a complement to our recently announced Paramount+ partnership with Sky in the U.K.
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