Could Paramount Global Become the Next Netflix?
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.
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Source Fool.com
