this post was submitted on 31 Jul 2025
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Originally Posted By u/kenistod At 2025-07-31 05:43:43 PM | Source


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[–] TastehWaffleZ@lemmy.world 6 points 1 day ago* (last edited 1 day ago)

From the article:

The subscription streaming VOD platform ended the fiscal period with 77.7 million subscribers, down from 79 million through the end of March. Paramount attributed the decline to the end of an international bundled promotion.

Regardless, Paramount’s direct-to-consumer subscription revenue grew 22%, driven by subscriber growth and pricing increases at Paramount+. Global viewing hours increased 29% year-over-year across Paramount+ and free ad-supported streaming TV platform (FAST) Pluto TV.

Adjusted pre-tax operating income improved $131 million to $157 million year-over-year from $26 million, reflecting the revenue growth, partially offset by higher operating costs.

Revenue increased 15% to $2.1 billion from $1.89 billion in the previous-year period.

[–] ramenshaman@lemmy.world 4 points 1 day ago