Walmart strikes streaming deal with Paramount, report says

Business

In this article

In this photo illustration, a woman’s silhouette holds a smartphone with the Walmart logo displayed on the screen and in the background.
Rafael Henrique | Lightrocket | Getty Images

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.

Articles You May Like

JinkoSolar (JKS) and C.H. Robinson Worldwide (CHRW): 12/1/2022 Bull and Bear
Amazon’s New Chips Coming for NVIDIA
Tech layoffs may not be a bad omen for U.S. economy at large
Hong Kong’s Hang Seng had its best month since 1998, but remains in bear market territory
Fox CEO Lachlan Murdoch to face questioning as part of Dominion Voting’s $1.6 billion lawsuit