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Paramount Global putting the squeeze on CBS affiliates

Larry said:
Have not been able to understand why BET has its own paid steaming service (BET +) with shows that are not (or air later) on BET when people are already paying for Paramount +. Or at least BET + content should be included in Paramount +.
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That and why is Showtime content not included in Paramount+ without paying extra? These moves are exactly why P+ is lagging behind competitors.

Of course, I understand it means more money for Paramount Global, but it's consumer unfriendly and, as stated, is a reason Paramount+ lags so far behind competitors. Raise prices a few bucks and just include it.
 
Just get rid of over the air signals at this point if we are going to be overcharged for retransmission.
 
Don CT said:
Just get rid of over the air signals at this point if we are going to be overcharged for retransmission.
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A better idea is to make local channels an optional package on cable and streaming services. If a subscriber wants to receive them OTA while subscribing to other services, they should be able to do so.
 
CBS's affiliate board has approved a new MVPD plan with Paramount Global, keeping them on Paramount Plus, Hulu Plus Live and YouTube TV. Details here.
 
Ccook55 said:
CBS's affiliate board has approved a new MVPD plan with Paramount Global, keeping them on Paramount Plus, Hulu Plus Live and YouTube TV. Details here.
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Indirectly, this also ties into a new agreement between Nexstar Media and YouTube TV, in which the latter renewed its carriage of Nexstar's CBS affiliates (and NewsNation), plus the eventual addition of Nexstar's CW, MyNetworkTV, and independent stations.

 

Paramount stock plummets after earnings miss, dividend cut​

finance.yahoo.com

Paramount stock plummets after earnings miss, dividend cut

Paramount Global reported quarterly earnings before the bell on Thursday. Here's what to know.
finance.yahoo.com finance.yahoo.com
Paramount Global (PARA) reported quarterly results before the bell on Thursday that missed expectations on both the top and bottom lines as the company continues to battle advertising headwinds and greater losses within its streaming division.
The company reported a direct-to-consumer loss of $511 million in the first quarter.
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Paramount shares saw losses accelerate as investors digested the report. The stock is currently down more than 25%, the biggest intraday drop since February 2022.
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Mikey Radio said:
Paramount stock plummets after earnings miss, dividend cut
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Looks like I lucked out selling last week. The whole reason I was holding it was for the dividend and Paramount+ upside potential. Paramount+ is unfortunately really disappointing. As a subscriber the one thing I hate the most is that they have a huge library of shows and only a fraction is on their platform.
 
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