A post-results report from analysts at MoffettNathanson (MN) admitted that 2022 was a “challenging year” for Paramount. MN praised SVoD service Paramount+ and its 56 million subscribers (up 9.9 million), but suggested that investors should be focused on free cash flow (FCF) as the true measure of a business. The problem is that last year’s […]
Paramount Global disappointed Wall Street estimates on quarterly revenue as a slump in the advertising market hit CBS. TV advertising revenue fell 7 per cent in the three months to December, despite a lift from political advertising on the back of US mid-term elections in November. Meanwhile, Paramount+ added a record 9.9 million subscribers, partly […]
Showtime, the US cable network, has let go of some 120 staff as part of its cost-cutting exercise in its merger with Paramount Media Networks into Paramount+. The news comes amidst a greater integration between MTV Entertainment Studios and Showtime. In January, Paramount Global announced that Showtime’s premium cable pay-TV service as well as the […]
Paramount has announced that its Showtime brand is set to be merged with Paramount+. In the US, the streaming and linear platforms will now be rebranded as ‘Paramount+ With Showtime’. Later this year the Showtime streaming service will cease operations. In a memo to staff, Paramount Global CEO Bob Bakish said: “With Showtime’s content integrated […]
YouTube has launched Primetime Channels, allowing users to sign up, browse and watch their favourite content from streaming services such as Showtime, STARZ, Paramount+, AMC+, ViX+ and more, all directly through YouTube. YouTube is rolling out an early version of Primetime Channels in the US. On the Movies & TV hub, users will see over […]
SVoD service SkyShowtime will launch in both the Netherlands and Portugal on October 25th, bringing its premium offering of exclusive and iconic entertainment to Dutch and Portuguese homes for the first time. The launches follow SkyShowtime’s official launch across the Nordics. Customers will have access to exclusive television premieres of first-run theatrical films, new and […]
Paramount+, the SVoD service from Paramount Global, has confirmed that the service will arrive in France on December 1st, followed by Germany, Austria and Switzerland on December 8th. Audiences in both regions will gain access to a mountain of entertainment for the whole family spanning new and exclusive Paramount+ originals, hit shows and blockbuster movies […]
SVoD service Paramount+ is launching in Italy with more than 8,000 hours of entertainment. Paramount Global has unveiled a content line-up that it says provides a broad slate for the whole family, spanning new and exclusive Paramount+ originals, hit shows and popular movies across every genre from Paramount’s iconic brands and production studios – including […]
Apple TV+ and Paramount+ are the most popular services for US SVoD switchers – defined as those who move from one subscription service and commit to another contract within 60 days, according to research firm Ampere Analysis. Apple TV+ and Paramount+ are the most widely chosen platforms for this sub-group of churning streaming customers. Of […]
SkyShowtime CEO Monty Sarhan has announced three key senior appointments to the company’s executive leadership team. The announcement comes as the new streaming service prepares to launch in more than 20 European markets before the end of the year. Sarhan commented: “A company’s greatest resource is its people and one of my top priorities has been […]