Paramount is hunting for a streaming partner, could kick off a wave of deals
Publishing timestamp: 2024-07-01 16:57:17
Summary
Paramount Global is in talks with various companies to merge Paramount+ streaming service. Warner Bros. Discovery is interested in merging Max and Paramount+ as a joint venture. Media companies are exploring new ways to monetize streaming content. Potential partnerships could reshape the media industry. Disney and Warner Bros. Discovery plan to bundle their streaming services. Discussions also include windowing movies and TV series through different streaming services.
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Tickers: CMCSA, NFLX, DIS, PARA, WBD,
Keywords: media, business, entertainment, breaking news: business, netflix inc, comcast corp, business news, technology, paramount global, walt disney co, warner bros discovery inc,
Source: https://www.cnbc.com/2024/07/01/paramount-streaming-merger-talks.html