WBD - Paramount And Comcast Plot Streaming Shake-Up Mulling Joint Venture Magic | Benzinga
Paramount Global (NASDAQ:PARA) is reportedly in talks with Comcast Corporation (NASDAQ:CMCSA) regarding a potential collaboration in the streaming space.
Paramount’s flagship service features popular content like “Star Trek” and original productions such as “1883,” while Comcast’s Peacock is known for live sports and original shows like “Poker Face.”
Citing sources familiar with the matter, the Wall Street Journal reveals that discussions involve exploring a partnership or joint venture, presenting various strategic options for both companies.
Options include a commercial partnership or a joint venture, aligning with a broader industry trend where entertainment companies seek collaborative ventures to navigate the evolving streaming landscape.
Bringing Paramount+ and Peacock together could result ...