Streaming is still trying to be TikTok

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It hasn’t proven that short-form video will help.

At Skydance’s first employee town hall after it acquired Warner Bros. Discovery in October, CEO David Ellison told staff that the company behind Paramount Plus and HBO Max was competing for people’s attention with some of the world’s biggest tech companies. Months earlier, he’d singled out a way to get viewers to spend more time with Paramount’s programming.