Paramount adds 4 million streaming subscribers during Q3
Paramount posted a second consecutive quarter of streaming profit, though it did not come without some pain.
Pluto TV
Pluto TV is an advertisement-supported streaming television service owned by ViacomCBS. It offers between 50 and 250 linear streams of content from the ViacomCBS library of shows and movies as well as third-party providers, including Comcast (NBC News), FremantleMedia and Stingray. It is available in the United States, Latin America and portions of Europe.
Paramount streaming strategist Jeff Schultz to depart
Paramount Global’s chief streaming strategy executive Jeff Schultz will leave the company at the end of the year, he affirmed on Friday.
France’s M6, Paramount’s Pluto TV announce streaming pact
The pact involves content, editorial initiatives and advertising sales, which will benefit both sides.
Pluto TV brings CNN, CBC News, Reuters TV to more countries
The channels are landing on Pluto TV’s platforms in Canada, the United Kingdom and other countries outside the United States.
Paramount to rebrand Britain’s Channel 5 to simply “5”
Paramount Global will rebrand its public service broadcaster in the U.K. to “Five” and incorporate more of its own intellectual property into its schedule.
Streamers convert from FAST to SVOD to continue watching shows, study reveals
While FAST platforms are helping streamers cut back on subscriptions, some are willing to take a premium video service if it means they can keep watching a series they’ve discovered on a FAST platform.
Paramount loses nearly 3 million global subscribers during Q2
The company blamed the winding down of a bundle agreement in South Korea for the dip in streaming customers.
Fox Weather hires Mike Seidel away from The Weather Channel
The free, ad-supported streaming climate channel has also landed on Paramount’s Pluto TV.
BET Media launching Tyler Perry-centric FAST channels
BET Media and Tyler Perry are teaming up on two new FAST channels that will offer replays of certain BET sitcoms and dramas.
Streaming companies ask Canadian court to block news funding law
A consortium of streaming companies have filed a legal challenge to a forthcoming rule that requires them to set aside some of their revenue to help fund Canadian local news and content.