Tag: paramount+

Paramount Global reported its second consecutive quarterly profit in streaming, driven by a $49 million gain and 3.5 million new subscribers for Paramount+. Overall revenue fell 6% due to declines in the TV and film segments, with linear TV profits…

Paramount+ will launch new subscription tiers in the U.K. and Ireland on Nov. 20, introducing a basic ad-supported plan at £4.99 (€5.99) and a premium plan at £10.99 (€11.99) per month. The new structure aims to broaden access and enhance…

Streaming services like Disney+, Max, and Peacock are partnering with grocery and delivery companies, such as Kroger, DoorDash, and Instacart, to offer bundled subscriptions. These deals aim to reduce subscriber churn by aligning entertainment with essential services, following Amazon Prime’s…

Fubo has launched a standalone premium subscription service, entering the Channels business and allowing users to subscribe to services like NBA League Pass and Paramount+ without its core live TV plan. This move boosts margins and reduces churn by positioning…

Paramount+ has utilized gen AI to create curated content collections aimed at "kids-first" audiences, specifically targeting children ages 6-13. The curations are based on themes like "Space Exploration" and "Goofy Stuff," identified through research with kids and parents.

Paramount+ has laid off staff as part of Paramount Global’s 15% workforce reduction, impacting marketing and communications teams, including senior executives with over 30 years of combined experience. These layoffs, part of a broader cost-saving initiative aimed at cutting $500…

Netflix is meeting with major talent agencies to discuss new compensation models, offering creatives less upfront but more based on success. This comes as Netflix remains dominant, while Paramount+, Peacock, and Max collectively account for less than 2% of U.S.…

MoffettNathanson's report suggests streaming may finally be profitable for companies large enough to achieve scale. Netflix, with 290 million subscribers, has reached profitability, with ad-supported tiers expected to drive further growth. Disney's streaming services, with 186 million combined subscribers (excluding…

Janko Roettgers looks at all of the things streaming media is killing as the entertainment industry faces the fallout of its transition to digital. Cord-cutting continues to accelerate, with U.S. pay TV services losing 1.62 million subscribers in Q2 2024,…

Paramount Global announced an extended deal with France's Canal+ Group, providing its TV subscribers free access to Paramount+ content via Canal's platforms and set-top boxes. This strategy mirrors similar launches in various regions, including Australia, the U.K., and LatAm, where…