8 Up and Coming Streaming Companies and Services

5. Paramount Skydance Corporation (NASDAQ:PSKY)

Number of Hedge Fund Holders: 37

Barrington analyst Patrick Sholl reiterated a Hold rating on Paramount Skydance Corporation (NASDAQ:PSKY) on January 27. Shares closed at $11.89 last Monday. Broader sell-side sentiment remains cautious, with the stock carrying a Moderate Sell consensus rating. The average analyst price target stands at $14.08, implying approximately 19.8% upside from current levels, though conviction remains muted given execution and integration risks.

During its third-quarter 2025 earnings call, Paramount Skydance Corporation (NASDAQ:PSKY) reported that Paramount+ added 1.4 million net subscribers in the quarter, bringing the total subscriber base to 79 million. This represented the largest U.S. subscription growth among major streaming platforms since 2023, underscoring improving traction in the company’s direct-to-consumer strategy. Management outlined plans to invest more than $1.5 billion incrementally across theatrical releases and streaming content, signaling a renewed push to strengthen its content slate and competitive positioning.

Paramount Skydance Corporation (NASDAQ:PSKY) is a U.S.-based media conglomerate formed in 2025 through a merger between Paramount Global and Skydance Media. Headquartered in Santa Monica, California, the company operates across film studios, direct-to-consumer streaming platforms including Paramount+ and Pluto TV, and a broad television media portfolio encompassing CBS, Nickelodeon, MTV, and related networks. Paramount Skydance began trading publicly following the completion of the merger in August 2025.

Contrarius Global Equity Fund stated the following regarding Paramount Skydance Corporation (NASDAQ:PSKY) in its third quarter 2025 investor letter:

“Importantly, while there has been some rotation within the Fund, certain of the Fund’s holdings that have rerated are still regarded as extremely attractive. Our top three positions at 30 September—Tesla, Warner Bros. Discovery and Paramount Skydance Corporation (NASDAQ:PSKY) (Paramount)—have been amongst our largest holdings for some time. All three have been large contributors to performance over the past year. while Warner Bros. Discovery and Paramount have also performed well of late, they continue to trade well below our estimate of their intrinsic value. Their more recent outperformance should be seen in the context of their underperformance over prior years. While meaningful outperformers over the last year, both Warner Bros. Discovery and Paramount have been negative contributors over five years. We believe that there is substantially more value in both. Our Q2 2023 Quarterly Commentary discussed the investment case for both of these companies. In addition, while not necessary for our investment case, we believe that there are meaningful catalysts in the short to medium term from expected consolidation in the US media sector.”