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Paramount+ Hits Profitability for Second Consecutive Quarter

IndieWire
Story by Brian Welk
from IndieWire
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scrn logline
Paramount+ continues its hot streak, hitting profitability for the second straight quarter amid a surge in global subscribers.
beat sheet
  • Paramount+ added a massive 3.5 million new subscribers between July and September, bringing its total to a whopping 72 million worldwide.
  • Industry insiders say Paramount+'s success is a clear sign that the streaming wars are far from over, with the platform carving out a major piece of the pie.
call sheet
Paramount+
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