David Ellison Jeff Shell Chris Maccarthy Edgar Bronfman-Junior information google CEO Rights Provident Enterprise COST David Ellison Jeff Shell Chris Maccarthy Edgar Bronfman-Junior

Merge, Bundle Or License? Paramount+ Explores Streaming Options As Skydance Waits In The Wings

Reading now: 292
deadline.com

As Paramount Global prepares for a change in ownership, it is also confronting the realization setting in at all traditional media companies: Direct-to-consumer streaming is hard.

On a quarterly earnings call this month, management essentially acknowledged as much, though flagship service Paramount+ showed a small profit and is projected to be in the black for the full year in 2025.

Even so, as part of a broader push to slash costs, the company is exploring a wide range of strategic options for the outlet, which has 68 million subscribers.

Co-CEO Chris McCarthy told Wall Street analysts on the call that the company has received “lots of interest from many different partners” in a potential joint streaming venture.

Read more on deadline.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA