A new report indicates the process of merging Paramount and Skydance Media could be picking up steam.
Update (2:08 p.m. Et): In an exclusive report from The Wall Street Journal, Jessica Toonkel reported that members of Paramount Global’s board and Skydance Media have agreed to enter an exclusive period of negotiations for the latter company to take over majority ownership of the latter. The period of exclusivity will last for 30 days while the two sides attempt to come to an agreement for Skydance’s founder David Ellison to purchase enough shares to control the company.
Continue to follow this major story on The Streamable as we cover all angles over the next month of exclusive negotiations between the two sides.
After months of speculating and making educated guesses about Paramount Global’s next move, it appears that some clarity is taking shape in the media giant’s recent merger and acquisition talks.
Update (2:08 p.m. Et): In an exclusive report from The Wall Street Journal, Jessica Toonkel reported that members of Paramount Global’s board and Skydance Media have agreed to enter an exclusive period of negotiations for the latter company to take over majority ownership of the latter. The period of exclusivity will last for 30 days while the two sides attempt to come to an agreement for Skydance’s founder David Ellison to purchase enough shares to control the company.
Continue to follow this major story on The Streamable as we cover all angles over the next month of exclusive negotiations between the two sides.
After months of speculating and making educated guesses about Paramount Global’s next move, it appears that some clarity is taking shape in the media giant’s recent merger and acquisition talks.
- 4/3/2024
- by David Satin
- The Streamable
Mobile games have long been a focus of growth for Netflix, but the streamer might be on the verge of changing its philosophy.
Netflix has put a substantial amount of resources into its mobile games division over the past few years with the assumption that if the world’s largest streaming company could also become a leading platform for video games, it would be even more indispensable to consumers than it already is. However, a recent report by the Wall Street Journal indicates that a pivot may be coming that would change the way that Netflix approaches video games moving forward. The company has long resisted putting ads and in-app purchases into its games as a way to distinguish it from other mobile game providers, but just as it did by introducing ads to shows and movies, the streaming giant might reconsider this stance.
Netflix has offered video games for...
Netflix has put a substantial amount of resources into its mobile games division over the past few years with the assumption that if the world’s largest streaming company could also become a leading platform for video games, it would be even more indispensable to consumers than it already is. However, a recent report by the Wall Street Journal indicates that a pivot may be coming that would change the way that Netflix approaches video games moving forward. The company has long resisted putting ads and in-app purchases into its games as a way to distinguish it from other mobile game providers, but just as it did by introducing ads to shows and movies, the streaming giant might reconsider this stance.
Netflix has offered video games for...
- 1/5/2024
- by Jeff Kotuby
- The Streamable
Despite all the work put into Netflix’s gaming segment, some investors have questioned the value of such an expensive foray into video games.
Netflix is determined to expand its boundaries beyond video streaming. The service has already reached the pinnacle of success amongst its peers, amassing more subscribers and a better profit margin than any of its competing streaming services.
Mobile games that are available on smart TVs and PCs are the next step in Netflix’s gaming evolution. Netflix is already testing a function that allows users to turn their phones into controllers. Games based on popular Netflix series like “Wednesday” and “Squid Game” are coming to the platform soon. Sign Up $6.99+ / month netflix.com
The Wall Street Journal's Jessica Toonkel, Sarah Needleman and Sarah Krouse report that Netflix is still full speed ahead on its efforts to grow its video game segment. The company will bring its...
Netflix is determined to expand its boundaries beyond video streaming. The service has already reached the pinnacle of success amongst its peers, amassing more subscribers and a better profit margin than any of its competing streaming services.
Mobile games that are available on smart TVs and PCs are the next step in Netflix’s gaming evolution. Netflix is already testing a function that allows users to turn their phones into controllers. Games based on popular Netflix series like “Wednesday” and “Squid Game” are coming to the platform soon. Sign Up $6.99+ / month netflix.com
The Wall Street Journal's Jessica Toonkel, Sarah Needleman and Sarah Krouse report that Netflix is still full speed ahead on its efforts to grow its video game segment. The company will bring its...
- 10/16/2023
- by The Streamable
- The Streamable
Death, taxes, and streaming services raising their prices. Those are about the only things that you can count on in today’s ever-changing world. Now, a report from the Wall Street Journal indicates that the world’s largest streaming service might be the next platform planning a price hike. WSJ’s Jessica Toonkel and Sarah Krouse are reporting that Netflix will be raising its prices in select markets — including the United States and Canada — in “a few months.”
Sign Up $6.99+ / month netflix.com
The report from Toonkel and Krouse didn’t indicate by how much Netflix is planning to increase subscription prices, or in what regions the change would take place. The company’s last reported subscriber total puts its customer base at 238.29 million. However, simply adding subscribers is no longer the end goal for the vast majority of streaming services. As the industry approaches maturation and economic conditions change around the world,...
Sign Up $6.99+ / month netflix.com
The report from Toonkel and Krouse didn’t indicate by how much Netflix is planning to increase subscription prices, or in what regions the change would take place. The company’s last reported subscriber total puts its customer base at 238.29 million. However, simply adding subscribers is no longer the end goal for the vast majority of streaming services. As the industry approaches maturation and economic conditions change around the world,...
- 10/3/2023
- by Matt Tamanini
- The Streamable
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