CEO at Paramount Streaming -- $7.6B revenue run rate division includes Paramount+ (>71M subs in 3 years, est domestically profitable 2025) and Pluto TV (80M users, globally profitable 2020)
We just reported Paramount's Q4 results. Direct-To-Consumer viewing hours were up 27% and revenue was up 34% y/y enabling us to finish 2023 at $6.7B in revenue. Paramount+ subscribers grew 4.1M q/q to 67.5M with revenue up 69% and ARPU up 31% y/y. Also, we announced we expect Paramount+ to be profitable domestically in 2025 -- a HUGE milestone. Congratulations team and thank you for your Herculean efforts in driving us upward in an extremely competitive and dynamic market. 💪💪💪👏👏👏 #paramount #paramountplus #plutotv #streaming #SVOD #FAST #oneparamount
As a fan of Paramount films & Television for decades thank you for the continued high standard material. Look forward to working with Paramount in the future. https://youtu.be/O5pY5Ya3uK8?si=qhQQWtmmKPan18o2
I don’t know why but of all the streamers, Paramount+ has become my favorite; partly because of my love for the Star Trek franchise, but their originals and heritage shows are consistently entertaining.
Make more shows like Lioness.
In my opinion Walk street did not agree.
Great news here. Getting to profits in streaming will be fantastic for all. (Btw Manifest Based Playout - like that which the Pluto team pioneered - has been a technical innovation enabler in driving costs down.) #FutureOfTV 👍
Let’s goo !! 💪
Congrats to the entire Paramount/Pluto team
Supervising Producer | Non-Scripted Television | Story | Post Production | Development |
4moGreat news! Let’s get back to work and make some television #documentary #backtowork #unscripted #development #opentowork