Paramount Sells Argentina TV Biz; Tubi & Bell Team Up; UK YouTube Users Favor U.S. Channels – Global Briefs
NegativeEntertainment

Paramount's decision to sell its Argentinian TV network Telefé marks a significant retreat from the Latin American market, with the deal reportedly valued at around $100 million. This move reflects the challenges the company faces in maintaining its foothold in international markets, especially after a previous investment of $345 million. The sale to local businessmen Gustavo Scaglione and José Luis Manzano highlights the shifting landscape of media ownership in Argentina, which could have implications for local content production and distribution.
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