Paramount+ wants to look a lot more like TikTok, leaked documents reveal
Larry Ellison’s Oracle just took a 15% stake in TikTok’s US arm. David Ellison’s Paramount streaming service could soon look a lot more like it.
According to leaked documents seen by Business Insider, Paramount+ is planning a big push into short-form, user-generated video in the vein of the addictive feeds of TikTok, Instagram Reels, and YouTube Shorts.
According to Business Insider, the documents reveal that short-form videos are a top priority for the streamer in the first quarter, and executives are working on adding a personalize feed of clips to the mobile app.
The move would follow similar mobile-centric plans from Disney, which earlier this month announced that it would bring vertical video to Disney+ this year, and Netflix, which during its earnings call said it would revamp its mobile app toward vertical video feeds and expand its short-form video features.
Streamers are increasingly competing for user attention with popular apps. YouTube is regularly the most popular streaming service by time spent.
According to Business Insider, the documents reveal that short-form videos are a top priority for the streamer in the first quarter, and executives are working on adding a personalize feed of clips to the mobile app.
The move would follow similar mobile-centric plans from Disney, which earlier this month announced that it would bring vertical video to Disney+ this year, and Netflix, which during its earnings call said it would revamp its mobile app toward vertical video feeds and expand its short-form video features.
Streamers are increasingly competing for user attention with popular apps. YouTube is regularly the most popular streaming service by time spent.
