Paramount Global (PARA) partners with Toronto-based Corus Entertainment to launch its ad-supported streaming service, Pluto TV in Canada.
Tech giant Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) experienced a depressed stock price over the past several weeks on the back of a disappointing third-quarter earnings report. Worse, its YouTube division experienced its first year-over-year advertising revenue decline -- 2% -- since Alphabet first broke out the segment in 2019. Here's why it makes sense to take advantage of Alphabet's depressed stock price to scoop up shares.
The streaming pioneer is starting to show signs of the alarming customer retention trouble its rivals have already run into.