Tag: Paramount
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Paramount+ Isn’t Done With Price Hikes
Paramount+ just raised the prices of its plans in June. An executive just teased that more may be on the way. “We see a very compelling pricing opportunity,” Paramount Chief Financial Officer Naveen Chopra said on the company’s third-quarter conference call on Thursday. “This won’t be the last price increase we do.” The comments as…
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Paramount+ Added 2.7 Million Customers in the Third Quarter, Bringing its Total to 63 Million
Paramount+ added 2.7 million customers in the third quarter as the company’s streaming service slowly moves towards profitability. The company, which reported its quarterly results on Thursday, reported that its total base of Paramount+ subscribers hit 63 million. Pluto, its free, ad-supported streaming service, contributed to ad revenue rising 18% for the period. Pluto and…
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YouTube TV & Paramount Reach a Deal to Avoid a Blackout of CBS, Nickelodeon, CBS Sports, & More
Earlier this week, for a short time, a warning message showed up on Youtube TV’s website warning that Paramount-owned channels would be dropped. Now that message is gone and Cord Cutters News has confirmed that a deal has been reached to avoid a blackout for now. The message on YouTube TV’s website said that because…
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Paramount is Merging The Pluto TV & Paramount+ Tech Teams
This week, Paramount announced it was making some changes to the teams that build the apps behind Pluto TV and Paramount+. This move will result in one team responsible for building both Paramount+ and Pluto TV. This comes as Deadline reports that the departed of Rob Gelick, who was Chief Product Officer and who “played…
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Sinclair Owned CBS Affiliates Will Stay on YouTube TV, Fubo, Hulu, & More After New Deal With Paramount
Today, Sinclair and Paramount announced a deal that will renew its contract for 23 CBS affiliates. This deal will also see YouTube TV, Fubo, Hulu, and more keep Sinclair-owned locals thanks to their deal with Paramount. The agreement consists of renewals for the following CBS affiliates: WRGB in Albany, NY; KEYE in Austin, TX; KBAK…
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Paramount+ Unveils International Plans For Premium, Ad-Based Subscription Tiers
Paramount is set to expand the options for its flagship streaming service overseas. The company on Monday said it plans to introduce its premium plan in Australia, Canada, Brazil, and. Mexico on November 16. The premium tier give users four simultaneous streams and the ability to access high-quality formats like 4K UHD, HDR 10, Dolby…
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Paramount Is Reportedly Up For Sale, But The Price Would Have to Be Right…
Recently, Paramount has been looking to sell some of its assets and make cuts to others. Now, according to a report from CNBC, the largest shareholder of Paramount Shari Redstone, who owns roughly 80% of Paramount Global voting stock, is open to a merger or selling the company if the price is right. Shari Redstone…
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Yellowstone’s Second Season Debuts on CBS Next Week
Yellowstone, the modern-day Western that hooked millions of viewers on its Paramount Network and then on streaming, is returning to CBS for a second season. CBS will continue airing Yellowstone on Sundays during its fall lineup. The WGA and SAG-AFTRA strikes left several networks struggling to end the year with original programming, but CBS managed…
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Why Are Netflix, Disney+, Hulu and More Raising Their Prices? Skyrocketing Production Costs and Inflation Are Hitting Streaming Hard
Disney+, Hulu, Netflix and ESPN+ all raised their prices this month. This likely won’t be the end as the price of entertainment continues to ebb higher and higher. The companies all blame higher production costs. But it’s more complicated than that with an industry that had to contend with inflation, a boom and bust of…
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Paramount Will Continue Selling Content to Netflix and Others To Keep Paramount+ Afloat As Strike Continues
Paramount CEO Bob Bakish has plans to keep the company’s streaming service, Paramount+, profitable amid the ongoing actors strike. During a Tuesday Q&A at MIPCOM, the CEO said Paramount will continue to license content beyond its own channels, Advanced Television reported. As an example, Paramount unveiled a multi-year deal with Greek pay-TV service Cosmote TV.…