US EditionParamount Nears End of Upfront, Volume 'Consistent' With Last Year
UNITED STATES, JUL 31 – Paramount Global posted a $57 million profit with streaming revenue up 15% despite losing 1.3 million Paramount+ subscribers before its $8 billion sale to Skydance Media.
- Paramount Global reported second-quarter 2025 earnings with revenue up 1% to $6.85 billion and a $57 million profit ahead of its August 7 merger with Skydance Media.
- The company’s revenue decline in traditional TV by 6% stemmed from reduced ad sales and cable fees, while its direct-to-consumer unit grew 15%, driven by Paramount+ despite a 1.3 million subscriber drop.
- Paramount’s film division recorded an $84 million loss, but operational streamlining and rising streaming income helped the company exceed earnings estimates with 46 cents per share.
- Non-Executive chair Shari Redstone expressed strong support for Paramount’s achievements and solid foundation for future expansion, emphasizing her confidence in the skilled team behind the company’s success.
- Following FCC approval, the Skydance merger will transfer control from the Redstone family, with Paramount stock trading as PSKY and new leadership planning to ensure diverse programming and bias oversight.
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Paramount+ Loses 1.3 Million Quarterly Subs; Ups Revenue, Operating Profit – Media Play News
Paramount+ July 31 disclosed an increase in operating income and revenue despite losing 1.3 million subscribers in the second quarter ended July 31. The subscription streaming VOD platform ended the fiscal period with 77.7 million subscribers, down from 79 million through the end of March. Paramount attributed the decline to the end of an international bundled promotion. Source: Paramount+ Loses 1.3 Million Quarterly Subs; Ups Revenue, Operating…
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Leaning Left3Leaning Right0Center1Last UpdatedBias Distribution75% Left
Bias Distribution
- 75% of the sources lean Left
75% Left
L 75%
C 25%
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