Sony, Apollo to sell Paramount-owned TV networks if deal approved
CBS, MTV and Paramount Plus could be divorced from the Paramount Pictures, according to a report.
Paramount Plus (stylized as Paramount+) is a streaming television service owned and operated by Paramount Global. The service replaced CBS All Access, which originally launched in 2014.
Paramount Plus offers television shows from the libraries of BET, CBS, Comedy Central, MTV, Nickelodeon, Smithsonian Channel and VH1 along with movies from Paramount Pictures. It also carries licensed content from third party distributors.
Paramount Plus costs $6 a month with advertisements or $10 a month without advertisements, and offers a free trial for new and returning customers.
CBS, MTV and Paramount Plus could be divorced from the Paramount Pictures, according to a report.
Paramount Global’s CEO Bob Bakish will depart from the company on Tuesday; the company missed revenue estimates during Q1, but beat on earnings.
CBS Sports is rolling out a new free streaming television channel dedicated to the UEFA Champions League.
The move comes after Showtime’s film and television content was integrated into Paramount Plus.
There are many great ways to stream the 2024 March Madness tournament on CBS and TNT without a cable or satellite subscription.
Paramount Plus will debut an ad-supported tier in Canada and Australia in the coming weeks.
Streaming accounted for nearly 38 percent of all television watching in the United States last month, up from 34 percent last year.
Every spring, college basketball explodes in a frenzy known as March Madness — and this year, March Madness games will be widely available on streaming TV platforms.
The company expects its Paramount Plus service to be fully profitable by next year, even though some customers may drop off throughout 2024.
Skydance Media is still pursuing a merger opportunity with Paramount Global, the report said.