Paramount Skydance to sell Chilevision to investor group

Core Viewpoint - Paramount Skydance has agreed to sell its shares in the entities controlling Chilean free-to-air TV channel Chilevision to Vytal Group [1] Company Summary - The transaction involves the sale of shares in entities that manage Chilevision, a significant player in the Chilean media landscape [1] - Vytal Group is the acquiring entity, indicating a strategic move in the media sector [1] Industry Summary - The sale reflects ongoing consolidation trends within the media industry, particularly in the Latin American market [1] - The transaction may impact competitive dynamics in the Chilean television market, potentially influencing viewership and advertising revenues [1]