Workflow
Paramount is hunting for a streaming partner, could kick off a wave of deals
PGREParamount (PGRE) CNBC·2024-07-01 19:03

One of the companies that has expressed a desire to reach a deal is Warner Bros. Discovery, according to people familiar with the matter. Combining Max and Paramount+ could strengthen both services by allowing them to better compete with Netflix and Disney's suite of platforms (Disney+, Hulu and ESPN) for eyeballs and future content. "What they don't have is our scale of content, and together we will make for a very powerful combination to drive more minutes and greater profits," McCarthy said of a potentia ...