Paramount+ Unveils Deal With South Korean Streamer Coupang at Content London [Yahoo! Finance]
Coupang, Inc. Class A (CPNG)
Company Research
Source: Yahoo! Finance
Paramount+ channels on Coupang's platform, according to Lisa Kramer, president of international content licensing and global content distribution at Paramount. The deal with Coupang is significant because it allows Paramount+ to expand its presence in Asia without having to invest heavily in local content, as the company can leverage its existing American content, according to Lisa Kramer. No, this is not the first time Paramount+ has partnered with a South Korean streaming platform. Two years ago, Paramount+ had partnered with Tving, another South Korea-based streaming platform, as part of a global deal between Paramount and Cj Enm. In September, Paramount+ inked a licensing agreement with MONO in Thailand to create a Paramount+ brand extension on the streamer Monomax, which launched last month. According to Lisa Kramer, standing up a flagship channel in a place like Korea is 'probably something on a future horizon' for Paramount+, indicating that the company plans to continu
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CPNG
Earnings
- 11/5/24 - Beat
CPNG
Sec Filings
- 11/13/24 - Form 4
- 11/12/24 - Form 4
- 11/12/24 - Form SC
- CPNG's page on the SEC website