Paramount+ Added 2 Million Subscribers As Paramount Saw Revenue Jump to $6.9 Billion In The 2nd Quarter of 2026
Streaming and studio gains lifted sales, but television revenue fell 9% and second-quarter profit missed analyst estimates.
- Paramount Skydance Corporation reported second-quarter revenue of $6.91 billion on Tuesday, a 1 percent increase from last year, while profit reached $41 million.
- The company pursues a $110 billion acquisition of Warner Bros. Discovery despite an antitrust lawsuit filed by California and 11 other states seeking to block the deal.
- Paramount+ added 2 million subscribers to reach 81.6 million worldwide, while streaming revenue reached nearly $2.5 billion and the studio division reported $1.3 billion in revenue from Netflix and Amazon Prime Video sales.
- A federal judge set a March trial date for the antitrust case on Tuesday; CEO David Ellison said the company is "absolutely open to finding a solution out of court, but we also really believe that we'll win at trial."
- Management guided full-year 2026 revenue to approximately $30 billion and adjusted EBITDA to a range of $3.8 billion to $3.9 billion, targeting over $2.7 billion in cost savings by year-end.
16 Articles
16 Articles
Paramount adds 2M streaming subs in Q2, earnings still dip as cord-cutting continues
Credit: Amber Searls-Imagn ImagesDespite adding millions of subscribers to Paramount+, David Ellison’s Paramount Skydance saw its revenue dip in the second quarter compared to the same period a year ago. According to a report by Brian Steinberg in Variety, Paramount+ added 2 million subscribers in Q2, largely on the back of its exclusive broadcast deal with UFC in the United States. As such, revenue for Paramount’s streaming business rose nine p…
Paramount Skydance reports mixed second-quarter results
By Dawn Chmielewski LOS ANGELES, CALIFORNIA, Aug 4 (Reuters) - Paramount Skydance reported mixed second-quarter results on Tuesday, with higher streaming and studio revenue offsetting declines in television, as the company works to close its planned $1...
Paramount Skydance reports mixed second quarter as Warner deal faces March trial
LOS ANGELES, CALIFORNIA, Aug 4 : Paramount Skydance reported mixed second-quarter results on Tuesday, with higher streaming and studio revenue offsetting declines in television, as the company works to close its planned $110 billion acquisition of Warner Bros. Discovery. The entertainment giant's revenue ro
Paramount “Fully Expects” WBD Merger To Close As It Reports Q2 Streaming Gains, Linear Challenges
A year after Skydance acquired Paramount, the merged company reported solid quarterly numbers with strong streaming, tough theatrical comps and an ongoing drop in linear television.
Paramount+ Added 2 Million Subscribers As Paramount Saw Revenue Jump to $6.9 Billion In The 2nd Quarter of 2026
Paramount Skydance Corporation released its second-quarter 2026 financial results today, detailing solid progress across its streaming, studios, and traditional media operations following the completion of the Skydance merger. The report highlighted continued expansion in the direct-to-consumer segment even as the broader media industry navigates shifting audience habits and advertising pressures. Paramount+ added 2 million subscribers […] The p…
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