Paramount Skydance CEO lays out streaming plan to make platform more efficient

Content Strategy - The company's top priority is to win on content by becoming the number one destination for talented artists, filmmakers, and important sports rights [1] Technology & Streaming - The company aims to be the most technologically capable media company [2] - Paramount Plus is considered incredibly important to the company's business as a scale streaming service [2] - The company currently operates three independent streaming services on three separate tech stacks across multiple clouds, which is deemed ineffective and expensive [2] - The company plans to converge all streaming platforms onto one unified tech stack in one cloud to improve customer experience [3] Operational Efficiency - Consolidating platforms onto a unified tech stack is expected to deliver a better customer experience [3] - Unifying the tech stack is expected to reduce operational costs [2][3]