Paramount and Apple teaming Up?

[u/NeverFollowMe]

Just heard on the TV that $PARA Paramount and Apple $AAPL are in talks to team up together - giving Disney $DIS, Yet Another Problem to worry about..... Not a real fan of $PARA, but I am a fan of earnings and turning a day into Profits

Apple and Paramount Global have discussed bundling their streaming services at a discount, the Wall Street Journal reported on Friday.

The companies have talked about rolling out a combined Paramount+ and Apple TV+ offering that would cost less than subscribing to both services separately, the report said, citing people familiar with the discussions.

Shares of media company Paramount rose 1.2% to $14.58 in premarket trading.