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Paramount can't find a viable path forward.
Paramount (PARA) has been in merger talks for months, and those broke down last week. But there's no easy way out for Paramount, which has been struggling in streaming and with a high debt load. In this video, Travis Hoium highlights the problem and gives a simple answer to Paramount's struggles.
*Stock prices used were end-of-day prices of June 14, 2024. The video was published on June 16, 2024.
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Snap and Walt Disney. The Motley Fool has positions in and recommends Amazon, Meta Platforms, Netflix, and Walt Disney. The Motley Fool recommends Comcast. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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