Tag: Paramount

Paramount+ has extended the runs of its hit original series Star Trek: Strange New Worlds and Star Trek: Lower Decks.

The Paramount+ streaming service is to launch the “Basic Plan” in Latin America, its first-ever mobile-only streaming subscription offer.

Paramount's Q4 revenues were relatively stable at $8.1 billion, a 2 percent increase, with record subscriber gains at Paramount+, while ad revenues fell in its TV media segment.

Paramount is merging its Showtime and MTV Entertainment Studios teams as the premium cable network prepares to be integrated into Paramount+.

Paramount is planning to integrate Showtime into its Paramount+ platform across both streaming and linear later this year in the U.S.

Paramount+ has entered an exclusive partnership with Delta Air Lines to offer a free trial of the Paramount+ Premium service to Delta SkyMiles members on planes originating in the U.S.

Paramount+ has partnered with British Airways to launch a dedicated channel on the airline’s entertainment platform for long-haul international flights.

Despite delivering gains in overall revenues and streaming customers, Paramount saw its Q3 profit drop to $231 million from $538 million on revenues that were 5 percent higher at $6.9 billion.

The president and CEO discusses the company’s multiplatform approach, satisfying viewers and advertisers, selling content to third parties, the concept of scale in today’s market and more.

Revenues at Paramount rose by 19 percent to $7.8 billion in the second quarter, driven by significant gains in its direct-to-consumer and filmed entertainment divisions.