Paramount Global’s shares jumped 6 per cent as investors were upbeat at the media group’s streaming business, even as the company joined rival Warner Bros Discovery in writing down the value of its TV assets. Paramount took a Q2 impairment charge of $5.98 billion on its cable networks. Full year revenue dropped 11 per cent […]
Paramount+, the SVoD service from Paramount, has announced launch timing and pricing for its international ad-supported subscription offering, the ‘Basic (with ads)’ plan. The plan will roll out in April in Canada and in June in Australia, priced at C$6.99 and A$6.99, respectively. The Paramount+ ‘Premium’ plan will also roll out in Europe, beginning with […]
Paramount Global has reported revenues down YoY in Q4, but the studio saw notable streaming gains. Paramount+ reached 67.5 million subscribers during the quarter, a net increase of 4.1 million, and recorded 69 per cent revenue growth YoY. The company said it expects to achieve profitability for the SVoD service by 2025. Subscription revenue grew […]
Comcast, owner of Peacock, is reportedly looking to merge its SVoD service with Paramount+. Comcast and Paramount have already held talks about a potential streaming partnership that could see Paramount+ and Peacock being offered to subscribers together as a package deal, according to The WSJ. Along with making access to the two platforms cheaper than […]
Paramount+ has greenlit original UK series The Road Trip, based on the best-selling book by Beth O’Leary, with Emma Appleton, Laurie Davidson and David Jonsson in the lead roles. 42 is producing the 6×45’ series in association with PTIS – the international studio division of Paramount Global. The Road Trip was commissioned by Sebastian Cardwell, […]
Paramount+, the streaming service from Paramount, has announced the international rollout of Premium and Advertising tier subscriptions. The Premium plan is set to launch in Australia, Brazil, Canada and Mexico on November 16th, offering Paramount’s movies, exclusive originals and hit shows in premium quality formats, including 4K UHD, HDR10, and Dolby Vision. Premium subscribers can also […]
Paramount+ today announced the expansion of its global Korean originals slate, revealing that three new series Dongjae, The Good or The Bastard; Dreaming of Cinde Fxxxing Rella, and Pyramid Game will launch exclusively on the service in the UK, US, Canada, Australia, Latin America, Brazil, Italy, France, Germany, Switzerland and Austria. The latest batch of […]
Paramount has announced the upcoming launch of its streaming service Paramount+ in Japan with J:COM, the cable television operator and broadband internet provider, and with pay-TV service Wowow. Japan is the second market in Asia to launch the service, following its debut in Korea last year. Beginning December 1st, Paramount+ will bring its catalogue films […]
Swisscom has announced a partnership with Paramount to add the Paramount+ streaming service to blue TV. Customers in Switzerland can now access the a range of premium content, including blockbuster movies such as Scream and Top Gun: Maverick, family favourites such as Paw Patrol, plus the latest series like Tulsa King and Special Ops: Lioness. […]
Paramount CEO Bob Bakish says the stand-off between Charter and Disney is an “inevitable” consequence of the trends in DTC and pay-TV and their apparent incompatibility. He says ralationships have to “modernise” and says his company is a good example. “Frankly, it wasn’t a surprise, the exact timing was, but it was inevitable that something […]