Paramount hunts for a streaming partner, could kick off a wave of deals

- Paramount Global holding talks with other entertainment companies about merging Paramount+ with an existing platform - Talks with Warner Bros. Discovery haven't escalated - Paramount Global considering partnering with a technology platform - Potential for a joint venture, ownership likely won't be 50-50 split - Focus on merging to mitigate customer churn and losses - Challenges with numerous streaming services competing for subscribers - Media companies exploring better monetization through bundles and partnerships - Industry executives discussing windowing movies and TV series through different streaming services - Idea of creating one app experience combining content from multiple companies to compete with Netflix - Potential challenges due to rivalries and tensions among media companies Stock Tickers: - $DIS (Disney) - $CMCSA (Comcast) - $T (AT&T / Warner Bros. Discovery) - $VIAC (Paramount Global) - $FOXA (Fox Group - mentioned indirectly) - Paramount Global is in talks with other entertainment companies to explore merging its Paramount+ streaming service, potentially with Warner Bros. Discovery - There is a consensus in the industry that there are too many streaming services and companies are looking for partnerships to better monetize content - Comcast's NBCUniversal has also expressed interest in a joint venture with Paramount+ - Media companies are focused on bundling and better windowing strategies to maximize revenue - Skydance Media considered acquiring Paramount Global to create new streaming services - Traditional media companies may team up their programming within one application to compete with Netflix in the future

🚨 Reddit sentiment: mixed - Comments reflect a mix of positive views on content and potential consolidation benefits but also skepticism and negative speculation about Paramount's leadership and future. Summarized comments: - Some users did not previously consider these stocks but are now thinking about them - Paramount+ is essential for some users due to exclusive content like the Champions League - Speculation about Paramount Global leadership potentially undermining shareholders - Users are wondering what the deal structure will look like, comparing it to Hulu's model - Consolidation is seen as potentially bullish for survivors like Warner Bros. Discovery (WBD), potentially increasing their content catalog - Discussion on the popularity of various streaming platforms, with some users defending the subscriber base of services like Max and Paramount+ Stock tickers discussed: $PARA, $WBD