Amid the ongoing sales process, Paramount Global is understood to be considering bringing on board joint venture partners for its streaming service, Paramount+.Bloomberg has reported the company has received a “great deal of inbound interest” from potential partners.The company is currently being led by a team of three executives following the departure of CEO Bob Bakish.The leadership team also said at their annual shareholder meeting that they intend to reduce expenditure, refine its international strategy and license more titles to third parties.In February, it emerged Paramount had held talks with Comcast about a possible collaboration with domestic streaming service Peacock. Paramount already partners with Comcast internationally on Sky Showtime. The suggestion was that Peacock and Paramount could also merge their services in the US domestic market.Late last month, Skydance Media put forward an enhanced offer for Paramount Global in a play to regain the initiative over rival bidder Sony.
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