Paramount's Billion-Dollar Bet on Streaming
Update: 2025-11-11
Description
Paramount Global is making bold moves to bolster its streaming business, securing UFC rights for $7.7B and acquiring The Free Press for $150M. Rumors swirl of a potential Warner Bros. Discovery acquisition. Despite challenges in traditional TV, Paramount aims for $30B revenue by 2026, with significant programming investments and streaming profit growth. However, transformation and restructuring costs are expected, totaling several hundred million dollars in Q4.
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