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Technology Stocks : Netflix (NFLX) and the Streaming Wars
NFLX 1,119+2.7%Oct 31 9:30 AM EST

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To: Glenn Petersen who wrote (2150)8/15/2022 3:42:07 PM
From: Glenn Petersen   of 2280
 
Walmart strikes streaming deal with Paramount, report says

Published Mon, Aug 15 20223:10 PM EDT
Melissa Repko @melissa_repko
CNBC.com

Walmart has reached a deal with Paramount Global to offer its streaming service as a perk of the retailer's subscription service, Walmart+, according to a Wall Street Journal report.

The retailer launched Walmart+ nearly two years ago to drive sales and deeper customer engagement. The membership program is the company's answer to Amazon Prime. It includes perks like free grocery delivery to the home and gas discounts.

Neither Walmart nor Paramount immediately responded to a request for comment.

Walmart will report its second-quarter earnings on Tuesday.

This story is developing. Please check back for updates.

cnbc.com
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