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Could Paramount Global Become the Next Netflix?

TheMotleyFool

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Could Paramount Global Become the Next Netflix?: https://g.foolcdn.com/editorial/images/681887/gettyimages-618556716.jpg

Paramount Global (NASDAQ: PARA) (NASDAQ: PARA.A), once an afterthought in the streaming market, received attention lately when it attracted investment from Warren Buffett's Berkshire Hathaway. Its streaming platform, Paramount+, uses a content library that could make it competitive.

Nonetheless, it falls well short of Netflix's (NASDAQ: NFLX) subscriber base. Even though Netflix has struggled recently with user base growth, Paramount might face significant challenges in taking its crown.

Image source: Getty Images.

Source Fool.com

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