Bob Bakish tells annual shareholder meeting “we have made tremendous progress," adding that the firm was on track to exceed its targets for merger synergies.
If a deal closes, the ecommerce giant would have access to the studio's massive library — comprising over 4,000 titles and 17,000 hours of television — for its Prime Video streaming service.
Naveen Chopra told an investor conference he likes Paramount+'s competitive position against WarnerMedia and Discovery after they unveiled their own mega-merger deal.
Andrew Bailey said that in general financial innovation is good for the economy, but investors need to maintain vigilance about the underlying assets they create.
Indian startups such as Mobile Premier League, Paytm First Games, Winzo and Ewar Games have seen massive growth recently.
"We didn't want to delay 'Black Widow' again but we couldn't put all our eggs in the theatrical distribution basket,” Bob Chapek tells investor conference.
Major OTT platforms do not completely cater to the needs of people looking to consume regional content as they have only limited titles. That gap is now being filled by vernacular language platforms, which have seen a remarkable rise in recent times.
The old adage that 'whoever controls data controls everything', has never been more true.
In the second week of April 2021, India gained six new ‘unicorns’ — startups with a valuation of US$1 billion or more. That’s impressive considering only seven new unicorns emerged in 2020 and six in 2019. That these unicorns emerged while COVID-19 ravages the country, and lockdown suppresses demand and stunts supply, is an amazing feat.
AVOD expenditure for TV episodes and movies will climb by 144% between 2020 and 2026 to reach $66 billion across 138 countries.