Comcast and ViacomCBS are exploring partnerships in international streaming — a more targeted agreement than a full-out merger, speculation of which has dogged both companies for months.The issue came up at a business meeting in New York earlier this summer with Comcast CEO Brian Roberts, ViacomCBS chair Shari Redstone and chief executive Bob Bakish present and has been ongoing between the companies, according to people familiar with the conversations.
Expanding in overseas streaming is a focus for both sides. Despite frenzied M&A speculation often targeting the Philadelphia based-conglomerate, an outright merger of Comcast and ViacomCBS would face hefty regulatory hurdles.It’s not clear what the partnerships might entail, but Roberts noted
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