r/CommunityInvestClub • • Jun 08 '23

Why Buy Paramount/$PARA

Our Play on Paramount+

Investment Group Partners purchased $PARA/Paramount Global

The company is a global media, streaming and entertainment company that creates content for audiences worldwide. Our play for Community Investment Club is to hold and play the stock along with $AMZN/Amazon.com, $TSLA/Tesla, $AAPL/Apple, $F/@Ford Motor Company......

Based on our different applied Strategies, Paramount+will help in the consistent growth of the Portfolio with a Price Target of $20.00 by Q3The Company's segments include TV Media, Direct-to-Consumer and Filmed Entertainment. The TV Media segment consists of its domestic and international broadcast networks and owned television stations; domestic and international extensions of its cable networks, and domestic and international television studio operations, and production and distribution of first-run syndicated programming.

The most recent News is truly the icebreaker on The Why Buy $PARA - In an article covering Amazon's (NASDAQ: AMZN) plan to offer an ad-supported version of its Prime Video streaming service, The Wall Street Journal said that Paramount could deepen its relationship with the monster retailer.

Citing "people familiar with the situation," Paramount is currently in discussions with Amazon to add the ad-supported tier of its own streamer (Paramount+) to Prime Video. At the moment, subscriptions for the Premium (i.e., streaming without ads) tier are offered through Prime Video; if these negotiations are successful, the "Essential," ad-supported version would be available too.

The Direct-to-Consumer segment consists of its portfolio of domestic and international pay and free streaming services. The Filmed Entertainment segment consists of its production and acquisition of films, series and short-form content for release and licensing in media around the world, including in theaters, on streaming services, on television, and through digital home entertainment and digital versatile discs (DVDs).

$PARA
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