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Stockreport

Paramount Plus and HBO Max Will Merge Into One Streaming Service [Yahoo! Finance]

Netflix, Inc. (NFLX)  More Company Research Source: Yahoo! Finance
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Following last week's Netflix dropout twist that left Paramount Skydance poised to acquire Warner Bros. Discovery, we now know more about what the future holds for streaming services Paramount Plus and HBO Max. The plan is for the streamers to merge into one, Paramount CEO David Ellison said on Monday during a call with investors. "As we said, we do plan to put the two services together, which today gives us a little over 200 million direct-to-consumer subscribers," Ellison said on the call. "We think that really positions us to compete with the leaders in the space." Ellison continued: "At Paramount, by the middle of this year, we'll have completed the consolidation of our three services under one unified stack." He explained the company's approach in the months ahead and stated, "We think the combined offering and given the amount of content and what we can do from the tech side really will put us in the position to be able to compete with the most scaled players in DTC." Las [Read more]

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Paramount Plus and HBO Max Will Merge Into One Streaming Service [Yahoo! Finance]

Netflix, Inc.  (NFLX) 
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Following last week's Netflix dropout twist that left Paramount Skydance poised to acquire Warner Bros. Discovery, we now know more about what the future holds for streaming services Paramount Plus and HBO Max. The plan is for the streamers to merge into one, Paramount CEO David Ellison said on Monday during a call with investors. "As we said, we do plan to put the two services together, which today gives us a little over 200 million direct-to-consumer subscribers," Ellison said on the call. "We think that really positions us to compete with the leaders in the space." Ellison continued: "At Paramount, by the middle of this year, we'll have completed the consolidation of our three services under one unified stack." He explained the company's approach in the months ahead and stated, "We think the combined offering and given the amount of content and what we can do from the tech side really will put us in the position to be able to compete with the most scaled players in DTC." Las [Read more]

IMPACT SNAPSHOT
EVENT TIME:
NFLX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
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%
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Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS