Brian Robbins Is Right: Paramount Should Make More Movies [Seeking Alpha]
Paramount Global - Class B (PARA)
Company Research
Source: Seeking Alpha
Frazer HarrisonNetflix (NFLXDISvarious branded series that will power the platform in the coming months. Warner Bros. Discovery (WBD) will eventually combine HBO Max and Discovery streaming as a way of standing out in the crowded field. Where does that leave Paramount Global (NASDAQ:PARA) (PARAA) and its Paramount+ product?Looking forward to an expansion of its theatrical output, believe it or not.And that is the right move at the right time. P+ will benefit from a robust multiplex strategy, and it makes sense to focus more resources on it over time.This now points us to a recenttrade articlemedia conferencecashed itselfCMCSAHe knows the business. It's difficult not to agree with his call for an expansion of Paramount's multiplex output, even as the residual effects of SARS-CoV-2 are still with us. He wants to see it reach between twelve and fifteen movies in a calendar year; I say go for the upper limit and beyond.One of the reasons he's bullish on theatrical is the idea that P+ can
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- PARAMOUNT+ RENEWS ORIGINAL ANIMATED PRESCHOOL SERIES DORA FOR A SECOND SEASONPR Newswire
- PARAMOUNT GLOBAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Potential Sale of Paramount Global - PARABusiness Wire
- Avatar: The Last Airbender in Concert Reveals Global Tour DatesBusiness Wire
- Paramount Global (NASDAQ: PARA) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Paramount Global (NASDAQ: PARA) had its "neutral" rating re-affirmed by analysts at Rosenblatt Securities. They now have a $13.00 price target on the stock.MarketBeat