I bought some $PARA 15c 1/17/25 a few weeks ago on a whim just because they’re trading at $0.03-$0.07
Paramount produces big blockbuster movies like Top Gun, Indiana Jones, Transformers, etc.
Their streaming service is cornering the nostalgic millennial market with full seasons of All That, Angry Beavers, Aah Real Monsters, Avatar the Last Airbender, etc.
With the NFL regular season set to start, they are offering live games on Paramount+ for $30/year, or $60/year if you wait until after the season already started.
This could potentially be the smartest dumb thing I’ve ever done.
Oracle stock is up over 35% since January. Let’s see if Larry can boost PARA too.
https://i.redd.it/ri6kio7l61nd1.jpeg
Posted by psychovo
27 Comments
Wow, that’s huge news!I wonder if they’ll start making movies about databases now.Imagine a thrilling film about SQL queries or a romantic comedy starring relational tables.
Paramount is going to start offering a free tier, but send you letters threatening lawsuits if you use it too much.
I hope this nerd loves start trek
Looks like his daughter… the film producer… is going to have a lot more jobs
Also something to note. Paramount+ comes free with a walmart+ subscription now. So i expect a large bump in their subscriber numbers in the next quarter.
Its to the point where Walmart will email you constantly telling you to take advantage of the free offer
You’ve got to be kidding me.
Oracle will drive them into the fucking ground
pretty soon……I will have to go back to reading books.
Eww
Iron Man Tony Starks shout out most consequential in film industry history lol
Fuck it I bought 8 1/17/2025 15c for 5.00 a piece let’s see if he can turn this stock around before December
How many of the 9 oi do you own lol
Spoiling your nepo baby is as good a way to torch money as whores ‘n blow.
Scott Galloway says deals like this are to get invites to Hollywood parties.. I’m in agreement
Wow
15c are risky. They are only going to pay $15 a share and for only half of people’s shares then convert them over into the new diluted shares.
No way there’s not going to be a lawsuit over this deal. It’s screw the investors buy Resdstones voting shares for a fraction of the company, then use those to force PARA to buy his company. Taking over the entire thing for a fraction of book value.
priced in
His son David Ellison started and is CEO of Skydance Media. That definitely had some influence in this decision.
This seems completely unexpected. Like if elon had bought paramount. At no point during all the offers have I heard Larry Ellison mentioned
Puts
if buffets out im out dawg
this whole family just making it a thing:
[https://www.thewrap.com/larry-ellison-david-ellison-investment-skydance-paramount-deal/](https://www.thewrap.com/larry-ellison-david-ellison-investment-skydance-paramount-deal/)
His daughter owns A24
I like paramount+, but I think every NFL fan hates the idea of using it to watch games.
How did Oracle fumble open source software and Java so badly. It could have been such a bigger company and 10 years ahead of AWS had it leaned into open source.
No one in this thread is even acknowledging that Paramount is winding down P+. Star Trek is being licensed out already, and they’re shopping the new series’ on that premise.
Larry might change that, but streaming is in the consolidation phase now.
https://preview.redd.it/69jfv22jm1nd1.png?width=1080&format=png&auto=webp&s=fa03b039e17a1731347a70373ccce52a24b255d4
These are his kids, btw.
Some people make a youtube channel when they want to be in entertainment media, but when Larry Ellison’s son David wants to be in entertainment media, he asks daddy to buy Paramount.