Paramount's earnings are in focus this morning showing some progress in streaming

putting the pressure on Disney now to deliver tomorrow. Our Julia

Borston has a wrap on the streamers today for Tech Check. Hey Julia.

Hey Carl, that's right.

Paramount jurors were higher and now they're lower despite beating expectations and showing

progress towards profitability of the media giants streaming business.

Now Paramount Plus losses declining from the prior quarter coming in much lower than

anticipated while streaming revenue beat expectations.

There are a couple of key things here that position Paramount for more streaming progress.

The company hopes to increase its average revenue per user by more than 20%.

CEO Bob Backish says he sees potential in partnering

with other media companies to bundle their streaming services.

He also said that the strikes will significantly boost free cash flow even more than anticipated.

Now Paramount's Beat raises the bar for Disney.

In the past year, Disney shares have underperformed Netflix, Comcast, and Warner Brothers Discovery.

Now for Disney, they're facing some industry-wide challenges in ad contraction,

pressure to cut streaming costs, as well as of course the challenges of a strike.

But Disney also has its own particular problems

that could have an impact this quarter,

including disappointing performance

of some big franchise films, reported attendance

issues at the Florida parks, and Disney also warned that its direct to consumer operating losses

...