Long Term Stocks

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Paramount Global - >>> Paramount Global benefits from operating one of only four broadcast networks in the U.S. Its market position ensures broad distribution and large audiences. Its cable networks, which include BET, Comedy Central, MTV, Nickelodeon, and Showtime, are well-diversified across audience demographics, and it’s also the owner of its namesake film and television studios.


https://www.fool.com/investing/stock-market/market-sectors/communication/media-stocks/


The company rebranded its DTC efforts in 2021 and now combines much of Viacom, Paramount, and CBS content into a single streaming service, Paramount+. In Europe, Paramount is partnering with Comcast’s Sky for distribution of Paramount+ in some markets and a co-owned SkyShowtime service in other markets. The partnership should improve consumer awareness and reduce distribution costs.

Paramount is also a leader in the FAST market with Pluto TV. It uses the streaming service, which claims more than 72 million users globally, to further promote its content and paid streaming options.

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