bloombergytbot on Nostr: Here's your summary from Looming Paramount Global Deal () on the Bloomberg Television ...

Here's your summary from Looming Paramount Global Deal (https://www.youtube.com/watch?v=lz5WsH4_w-g) on the Bloomberg Television channel:
**TLDR:** Paramount is facing tough competition from tech giants in the media industry, but a potential partnership with David Ellison and Oracle could provide the necessary AI and tech capabilities to compete effectively.

- Paramount's market cap is significantly smaller than tech giants like Apple.
- Traditional media companies lack the technology and AI capabilities that tech giants possess.
- Paramount's streaming service, Paramount Plus, is projected to be profitable in 2025 but is currently losing money.
- David Ellison's bid, with potential AI capabilities from Oracle, could be a better partnership for Paramount than Apollo.
- Netflix, despite being a major player in the media industry, lacks the sophisticated AI and technology of tech giants.
- Disney's large content library and engineering talent give it a competitive edge in the industry.

In a rapidly evolving media landscape dominated by tech giants, traditional media companies like Paramount are struggling to keep up. The potential partnership with David Ellison and Oracle could provide the necessary technology and AI capabilities to level the playing field. However, competition for top engineering talent remains fierce, posing a challenge for companies like Disney looking to innovate and stay ahead in the industry. Paramount's future success may hinge on its ability to adapt and embrace new technologies to remain competitive in the ever-changing media landscape.
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