Streaming competition intensifies in Europe as Comcast (CMCSA.US) and Paramount (PSKY.US) consider shutting down their joint venture platform SkyShowtime.

Zhitong Finance APP has learned that Comcast's (CMCSA.US) NBCUniversal and Paramount (PSKY.US) are considering gradually shutting down their joint venture streaming platform SkyShowtime, which provides streaming services for TV series and movies in the European market.