A potential partnership between ViacomCBS and Comcast, meant to bolster the two companies’ flagging streaming services, has been put on hold due to antitrust concerns. A report by Forbes quotes a company insider, who says the companies will now be waiting to see how regulators react to a proposed WarnerMedia-Discovery merger before proceeding.
Forbes sources claim at least one high-level talk has been held between ViacomCBS and Comcast in June, discussing a potential merger between their Paramount+ and Peacock streaming services. Both services are struggling in a market already dominated by giants like Netflix, Amazon, and Disney.
Read More: A Potential Paramount+ And Peacock Partnership Has Been Put On Hold