How to succeed in streaming
Marketplace
Marketplace
4.6 • 8.5K Ratings
🗓️ 8 July 2024
⏱️ 28 minutes
🧾️ Download transcript
Summary
Paramount just announced a merger with Skydance, a film production company. The hope is that adding Skydance’s offerings to its streaming platforms will boost subscriptions. But streaming is a finicky business, where you have to be a top-tier service to thrive. Also in this episode: Dynamic pricing technology could be profitable for retailers, some Chinese families seek gentler school environments and Americans visit South Korea as skin care tourists.
Transcript
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| 1:00.0 | On the show today, we'll lead with the big corporate news story of the day, a story about |
| 1:05.4 | legacy and competition and the economy. From American public media, this is |
| 1:10.5 | Marketplace. This is in the marketplace. |
| 1:20.0 | In New York, I'm Kristen Schwab in for Kyrizdahl. It's Monday, July 8th. Good to have you with us. |
| 1:26.2 | One strategy, when things aren't going exactly as planned, is to hang up your hat and turn a new leaf. |
| 1:32.3 | Yes, that was too many metaphors. No, I am not talking about politics. I'm talking about streaming. |
| 1:39.9 | Last night, after months of dramatic negotiations, we learned the Redstone family's era near the top of the TV and movie pyramid will soon end. |
| 1:49.0 | Paramount, which owns the likes of CBS and MTV, announced a merger with the production company, Sky Dance. |
| 1:55.7 | That's the studio behind Top Gun Maverick and recent installments of the Mission Impossible series. |
| 2:01.2 | The deal comes as Paramount faces challenges in broadcast TV and film and |
| 2:05.8 | challenges to its streaming platform which has lost the company a ton of cash. |
| 2:12.0 | Still streaming is if if not already the present, certainly is the future. So what |
| 2:18.9 | can Skydance offer Paramount in a field dominated by Netflix. |
| 2:23.0 | Marketplace's Elizabeth Troval starts us off. |
| 2:26.0 | Paramount's iconic media assets like MTV Spongebob and The Godfather |
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