Paramount reported growth from its streaming division in its first quarterly earnings report since its merger with David Ellison’s Skydance Media. Total pro forma revenue was flat from the same period a year ago.
Paramount, which is home to assets including CBS, Comedy Central, Nickelodeon and its namesake studio, reported total revenue of $6.7 billion for its third quarter. The company projected total revenue of $30 billion for 2026.
Direct-to-consumer revenue, which includes streaming service Paramount+, increased 17% year over year. The company said that growth was largely due to an increase in Paramount+ revenue.
Comments
No comments on this item Please log in to comment by clicking here