Paramount+ has reason to celebrate with their 6.8 million new subscribers, Deadline reports.
Paramount Global CEO Bob Bakish revealed that the streaming platform has 62 million total subscribers at the closing of Q1.
Bakish told investors, “once again demonstrated the power and potential of Paramount’s unique assets and the company’s continued momentum.”
“Our differentiated playbook – including a broad content lineup, a streaming business model that spans ad-supported and subscription, and a global portfolio that links streaming with theatrical and television – drove strength across our entire ecosystem…,” he said. “Our strategy is working and our execution is strong, as we remain focused on delivering a great experience for consumers and a compelling financial model to our shareholders.”
Deadline also reports that Paramount+ gain much of its engagement from titles like Halo, 1883, and Star Trek: Picard.
Paramount Global also announced that the streaming platform will launch in the UK in June.
