Paramount Exiting Argentina TV Business
Skydance’s Paramount has sold its Argentinian broadcast network Telefé to businessmen Gustavo Scaglione and José Luis Manzano. Terms of the deal with Scaglione’s holding company were not disclosed, but a leading Argentine newspaper, pegged the deal at around $100M. That would be a significant hit on the $345M Paramount predecessor Viacom paid for Telefé nine years ago. “Telefé has long been a benchmark in Argentine television, and we are confident it will continue to grow and thrive under its new local management,” said Kevin MacLellan, Paramount’s President of Global Content Distribution and International Media n a statement to Forbes. Paramount has been seeking to sell the business for some time, with local media mogul Scaglione winning out over several potential buyers. His media empire spans TV networks, radio stations, newspapers and streaming services. Telefe CEO Darío Turovelzky will stay in his role under the new owners. “The arrival of Gustavo Scaglione gives us a solid platform to scale our business,” he said.
Bell Media & Tubi Strikes Ad Sales & Co-Pro Pact
Canada’s Bell Media and Fox’s ad-supported streamer, Tubi, are teaming up. Under terms of a wide-ranging pact, they will work ad sales and content distribution, with shows from Bell’s catalog and its FAST channel line-up included. They will also seek to develop original content for Tubi’s global streaming service and Bell’s platforms in Canada, working with Bell’s international content distribution business, Sphere Abacus on that part of the agreement. Since launching in Canada, Tubi has become one of the fastest-growing free streaming services, with the company claiming it reaches one-in-three over 18s in the country. The deal follows on from the October 2023 fact between Bell and Fox, which sees the pair working together on Canadian originals that play on CTV and Crave in Canada and on broadcast in the U.S.
Brits Turn To U.S. YouTube Content – Study
Looks like Brits aren’t watching themselves on YouTube. According to a Digital-i study, YouTube users in the UK were less likely to watch entertainment, gaming, and news and politics content from their own country in comparison to users in France, Italy, Germany, Spain and the U.S. during the first half of 2025. In the UK, the most watched channels in those genres from Britain accounted for 12 out of 30 (40%), whereas local networks made up between 83% and 97% of the top 30s elsewhere. Within that, there were no UK gaming channels in the UK top ten, though nine out of ten politics and news channels were British. Digital-i noted UK users were turning to U.S. channels instead. The U.S., with 29 out of 30 channels from within the States, drew the most local viewing.