Walmart settles a streaming deal with Paramount - report - Breaking The News
Download our appPlay StoreApp Store

Walmart settles a streaming deal with Paramount - report

EPA-EFE/MICHAEL REYNOLDS

Walmart Inc. has accepted an agreement with Paramount Global under which the entertainment company will offer Paramount+ streaming service to subscribers of the Walmart+ membership program, the Wall Street Journal reported on Monday, citing people familiar with the discussion.

Last Tuesday, The New York Times reported Walmart engaged in talks with leading media companies over the inclusion of streaming entertainment in its membership service. The report comes a day before Walmart reports its quarterly results. Walmart and Paramount both declined to provide any comment.

Walmart+ is a package that costs $12.95 per month and includes free shipping for orders, fuel discounts, and a six-month subscription to Spotify Premium.

Related Stocks
Wal-Mart Stores
Paramount Global
Related News
Walmart withdraws Q1 profit outlook amid tariff concerns
Walmart Inc. opted on Wednesday not to reaffirm its first-quarter income target ahead of its earnings report scheduled for May 15. The decision reflects growing uncertainty tied to new tariffs affecting imports from key suppliers like China and Vietnam.The announcement came ahead of Walmart's annual investor gathering. CEO Doug McMillon acknowledged the unpredictability of the current market environment, emphasizing the company's focus on cost...
Paramount's Q4 revenue increases 5% to $8 billion
Paramount Global reported on Wednesday a 5% revenue increase in the fourth quarter of 2024, reaching $7.98 billion. However, full-year revenue declined slightly to $29.2 billion from $29.65 billion in 2023.Despite revenue growth in streaming and filmed entertainment, the company posted a net loss of $224 million, or $0.33 per diluted share, compared to a $514 million net profit a year earlier. The decline was attributed to impairment charges and restructuring...
Walmart's revenue up 4.1% to $180.6B in Q4
Walmart Inc. announced on Thursday that revenue for the fourth quarter of fiscal 2025 climbed 4.1% to $180.6 billion, beating market expectations. For the same three-month period, the company said that operating income surged by 8.3% to $0.6 billion.For the full fiscal year, Walmart's revenue climbed to $681 billion, a 5.1% increase, while its operating income rose to $2.3 billion, marking a 8.6% growth. The company's return on assets (ROA) stood at 7.9%, and...
Earnings preview: Chinese giants take center stage
During this week, a slew of companies from across the globe are expected to release their latest quarterly results, with Chinese giants in the center of happenings.Alibaba, which surged over 68% on an annual basis, is to unveil its financial report on February 20, with analysts seeing the company's earnings per share (EPS) growing by 24% in 2025. The e-commerce's investment in artificial intelligence (AI) technology is likely to push its stock higher this year,...

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.