E
Paramount Plus was profitable for the second quarter in a row.
The streaming service added 3.5 million subscribers and posted a $49 million profit — up from the $26 million reported last quarter. Netflix is no longer the only profitable streaming service, as Disney’s streaming apps and Max are also making more money through price hikes and a growing ads business.
Paramount Posts $49M Streaming Profit Amid Gain of 3.5M Subs, Film Unit Swings Back to Black
[The Hollywood Reporter]
Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Loading comments
Getting the conversation ready...
Most Popular
Most Popular
