Paramount (PARA) has held recent talks with Comcast (CMCSA) about combining in streaming through a partnership or joint venture, among several potential strategic options the entertainment company is pursuing, Jessica Toonkel and Amol Sharma report, citing people familiar with the situation. The Journal says bringing Paramount+ and Peacock under one roof could produce significant cost savings and create a more in-depth offering for consumer.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on PARA:
- Buffett’s Berkshire Trims Stake in AAPL, Adds CVX
- Berkshire Hathaway boosts Chevron position, cuts HP and Apple stakes
- CBS Sports’ coverage of Super Bowl LVIII was most-watched telecast in history
- Paramount cutting hundreds of jobs, NY Times reports
- Box Office Battle: âArgylleâ wins worst Super Bowl weekend in decades
