Paramount (PARA 0.28%) has a merger deal finalized with Sundance that will bring more content into the ecosystem and potentially give Paramount+ more scale. But it's not enough to compete with the biggest streaming companies in the world, which Travis Hoium shows is the critical flaw in the strategy.

*Stock prices used were end-of-day prices of July 10, 2024. The video was published on July 11, 2024.