Paramount Plus: The Nostalgic CBS All Access Replacement Can t Beat Netflix
March 10 (Reuters) - The world's two largest aircraft leasing companies are combining to create a new financing giant after Ireland's AerCap finalized a deal worth more than $30 billion to buy the leasing business of General Electric . Paramount Plus is a subscription streaming service that launched March 4, replacing CBS All Access, CBS's former streaming platform that started in 2014. Paramount Plus expands on the content that was included with CBS All Access, taking advantage of the 2019 merger of Viacom and CBS.
AerCap Chief Executive Aengus Kelly said the Dublin-based company had acquired its rival for an "attractive" discount to its book value in its second defining transaction in almost a decade, after purchasing U.S.-based ILFC in 2014. By the numbers, Paramount Plus has a ton of content -- 30,000 episodes of TV and 2,500 movies, plus 36 original series arriving this year. Upcoming shows include two Yellowstone spinoffs, a new Star Trek series and another based on Halo, and new movies like Mission: Impossible 7 arriving 45 days after theaters. Analysts have said the scale of the combined entity, controlling about three times the number of aircraft as its nearest competitor, Dublin-based Avolon, could force AerCap to offload aircraft to meet anti-trust requirements.
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Shares in both New York-listed companies fell about 6% on Wednesday as AerCap prepared to issue new stock to help finance the transaction and GE disappointed expectations of some investors that it would raise its cash outlook. In order to get the best moneyline and odds offer available, joining several sportsbook sites is necessary. You can check which moneyline and odds are better when it comes to putting down your money on a bet.
