Paramount (PGRE) Benzinga·2024-12-18 21:05Core Insights - The JPMorgan analyst report indicates a generally positive trend in global downloads and daily active users (DAUs) for the streaming sector in November, with most platforms showing sequential growth [1]. Company Summaries - The Walt Disney Company: Disney+ experienced a 6% month-over-month decline in downloads in November, but this was an improvement after two months of double-digit declines. Key releases like "Deadpool & Wolverine" contributed to this uptick, and upcoming premieres in December are expected to further enhance engagement [3]. - Hulu: Downloads fell by 5% month-over-month in November, with daily active users decreasing by 1%, following two months of growth [4]. - Paramount Global: Paramount+ saw a significant 32% month-over-month increase in downloads in November, attributed to the premieres of "Landman" and "The Agency," marking its largest sequential gain since February 2024 [4]. - Netflix Inc: Global downloads increased by 14% year-over-year in November, recovering from a -2% decline the previous year. This growth is linked to new content, including a live boxing event, with expectations for further improvement in December [5][6]. - Amazon.com Inc: Prime Video's downloads decreased by 7% year-over-year, and daily active users fell by 8%. However, a strong December is anticipated due to the upcoming premiere of "Beast Games" [6]. - Comcast Corporation: Peacock's downloads rose by 31% month-over-month in November, likely due to election day coverage and the debut of "Twisters," along with a promotional offer [7]. - Warner Bros. Discovery: Max downloads increased by 20% month-over-month in November, driven by the platform's launch in several Asian markets. However, downloads in the U.S. and Canada fell by 5% [8]. Industry Outlook - Paramount+ and Max are highlighted as having strong performance in November, while Netflix and Prime Video are expected to have a robust December due to upcoming content releases [9].