Tech Stocks Propel Nasdaq to Record High Amid Market Rally
TL;DR Summary
Paramount has secured a multi-year distribution deal with Charter Communications, ensuring that Charter will continue to carry all of Paramount's networks and offer ad-supported versions of Paramount+ and BET+ to its largest tier subscribers at no additional cost. This deal helps Paramount avoid significant risks and may pave the way for potential buyouts from Skydance Media, Apollo Global, or Sony.
Topics:top-news#business#charter-communications#distribution-deal#media-industry#paramount#streaming-services
- Stock market today: Tech stocks lead S&P 500, Nasdaq higher to end volatile week Yahoo Finance
- Stock Market Rallies Into Memorial Day Holiday; PCE Inflation Data, Fed Beige Book Next Investor's Business Daily
- Stock Market Today: Dow, S&P Live Updates for May 24 Bloomberg
- Dow Jones Today: Nasdaq Headed for 5-Week Gaining Streak; INTU, ROSS Earnings in Focus Investopedia
- Nasdaq closes Friday at record high as Nvidia and the AI trade rallies on CNBC
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
2 min
vs 2 min read
Condensed
85%
399 → 60 words
Want the full story? Read the original article
Read on Yahoo Finance