Paramount Global (PARAA)
Pre-Market:
| Previous Close | 18.01 |
| Open | 18.14 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 800 |
| Day's Range | 17.64 - 18.15 |
| 52 Week Range | 13.40 - 29.51 |
| Volume | |
| Avg. Volume | 66,714 |
| Market Cap | 9.521B |
| Beta (5Y Monthly) | 1.78 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -2.33 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.20 (1.13%) |
| Ex-Dividend Date | Dec 14, 2023 |
| 1y Target Est | 15.13 |
ReutersApple, Paramount discuss bundling their streaming services - WSJ
The companies have talked about rolling out a combined Paramount+ and Apple TV+ offering that would cost less than subscribing to both services separately, the report said, citing people familiar with the discussions. Shares of media company Paramount rose 1.2% to $14.58 in premarket trading. Verizon is also planning to offer the ad-supported versions of Netflix and Warner Bros Discovery's Max streaming services for about $10 a month combined instead of about $17, a source familiar with the matter told Reuters last month.
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This has been a good year to own Netflix (NASDAQ: NFLX). Shares of the world's leading premium streaming service are up 62% in 2023, handily beating the market as well as most of its smaller rivals. It wouldn't be a surprise to see Netflix stock take a breather in 2024 after a hot year, but there's a good case to be made for the upticks to continue.
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