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Paramount+ continue to grow in the streaming war

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.

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Ruben Jay
Ruben Jay
Ruben Jay is an American broadcaster, media blogger, and podcast host. Currently, Ruben is the President of MultiMediaMouth.com and the executive producer and host of the popular podcasts You’re My Best Friend and ON AIR with Ruben Jay, exclusively on MultiMediaMouth.com. Follow Ruben on Instagram, Twitter, and Tiktok @TheRubenJay.

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