First, in a few seconds I could tell how big a focus Paramount+ streaming is to their strategy. See the screenshot below. You can analyze the transcript
here as well.
Second, management seems super bullish, like 116 vs 8 bullish to bearish :)
Third, investors don't agree. Stock down 20%+
Fourth, I'm buying what management is saying, hence buying the stock. My favorite time to buy is companies whose long-term strategy I like, but there is a short-term blip. In this case, it's investors who were hoping for this company to get acquired. It still might, but the confidence aggressive strategy = lower odds. Fine by me.