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Skydance – Paramount: International Channels & Streaming Services In The Spotlight As Overseas Analysts Chew Over Potential Ramifications Of Deal
Skydance - Paramount: International Channels & Streaming Services In The Spotlight As Overseas Analysts Chew Over Potential Ramifications Of Deal
Paramount Global top brass has said it is business as usual until the deal is over the line, but international analysts are already considering what happens next given the company’s major free-TV operations in the Argentina, Australia, Chile and the UK, cable nets around the world, FAST service Pluto TV, and local iterations of Paramount+. The presentation accompanying the post-announcement conference call detailed $2BN+ of “cost efficiencies.” Skydance does not, however, have anywhere near the international footprint or headcount of Paramount, meaning there isn’t the scope for eliminating duplicate roles in offices around the world, seen when the likes of Warner Bros. and Discovery hitched their wagons. “The major players in streaming will compete on having a broad stable of products and services, and Paramount certainly can claim to cover all the bases through its SVOD brands and Pluto TV for AVOD/FAST,” said Tony Gunnarsson, Principal Analyst at Omdia.
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