Paramount +

[Bruce]

For the naysayers who did not think this service would make it, just added another 4.9M subscribers and that was after the removal of 1.2M Russia subscribers.

This is even better, Paramount+ revenue grew 120% and Subscription revenue grew 74% year-over-year ( 2nd quarter 2021/ 2nd quarter 2022) to $830M, principally reflecting paid subscriber growth on Paramount+.

Now compare that to Peacock with only 13 million paid, 13 million free.

https://ir.paramount.com/static-files/19c917ac-a92b-4e68-920a-db1264e56def

 

[Ronnie-]

Over the past year, this has probably been one of our top two streamers that we use. Maybe the most.

 

[Bruce]

Over the past year, this has probably been one of our top two streamers that we use. Maybe the most.

Same, watched the Offer a few weeks ago, was amazed at how good a show about the making of a movie was.

 

[meStevo]

Yeah, Star Trek has exploded. They've earned this success.

 

[Juan]

But are they making money?... subs come and go..they binge watch a series or 2..then move on to something else..numbers don't show how many dump and resubscribe...or how long subscribers stay

 

[ncted]

But are they making money?... subs come and go..they binge watch a series or 2..then move on to something else..numbers don't show how many dump and resubscribe...or how long subscribers stay

As long as total subs continue to increase, I don't think they care. Once they stop going up, then they start caring, like Netflix recently started doing. I'd like to see churn rates like wireless companies report for the various streaming services. As for making money, who knows how much they're really making.

 

[KAB]

I have yet to pay full ticket for PP. They always have a FREE offer or heavily discounted one. They have made next to no money off me.

 

[Zookster]

Yeah, Star Trek has exploded. They've earned this success.

You wouldn't think Star Trek had a lot to do with Paramount+ numbers from the P+ groups I follow. Star Trek is practically an afterthought. Most posts over the past few months were about 1883, iCarly, Seal Team, new movies, and international soccer. I suspect there's a lot of churn from those who mainly just watch the latest ST series, while the ongoing subs are signed up for the sports, their local CBS network, and CBS prime time shows.

 

[meStevo]

You wouldn't think Star Trek had a lot to do with Paramount+ numbers from the P+ groups I follow. Star Trek is practically an afterthought. Most posts over the past few months were about 1883, iCarly, Seal Team, new movies, and international soccer. I suspect there's a lot of churn from those who mainly just watch the latest ST series, while the ongoing subs are signed up for the sports, their local CBS network, and CBS prime time shows.

To their credit though, that's a diversity of programming that enables that kind of debate. Create good content and churn driven from the end of a series is pretty inconsequential. Some will stay and consume more content, but ultimately you've exposed someone to your ecosystem and if they like the series/content they'll be back - and absent the expensive customer acquisition costs of a standard TV provider to boot.

 

[ncted]

You wouldn't think Star Trek had a lot to do with Paramount+ numbers from the P+ groups I follow. Star Trek is practically an afterthought. Most posts over the past few months were about 1883, iCarly, Seal Team, new movies, and international soccer. I suspect there's a lot of churn from those who mainly just watch the latest ST series, while the ongoing subs are signed up for the sports, their local CBS network, and CBS prime time shows.

ST is the primary reason we have P+. Also, the fact that they offer the live feed of our local CBS station which we cannot receive over antenna. For those 2 things, $100/yr is a good deal ($75 using discounted gift cards from BestBuy this year ).

 

[zippyfrog]

I have yet to pay full ticket for PP. They always have a FREE offer or heavily discounted one. They have made next to no money off me.

Exactly - that is what I wonder about - how many users have it for free or discounted? With T-Mobile I have one full year of free Paramount+ - I assume T-Mobile is footing the bill somehow with them so it doesn't matter from Paramount+ side of things who is paying as long as they are getting paid.

 

[ncted]

Exactly - that is what I wonder about - how many users have it for free or discounted? With T-Mobile I have one full year of free Paramount+ - I assume T-Mobile is footing the bill somehow with them so it doesn't matter from Paramount+ side of things who is paying as long as they are getting paid.

Also true for Netflix, Hulu, Disney+, etc. I suppose.

 

[Zookster]

Free to Walmart Plus members now:

Walmart Plus Has a New Perk: Paramount Plus at No Extra Cost

Walmart Plus members will get the streaming service starting in September.

www.cnet.com

 

[Bruce]

Merger between Paramount+ and Showtime is complete, all under one app if you wish to subscribe to both.

Now I just need time to try the new content.

For those who are still wanting Live TV, Showtime East and West are provided Live also.

My guess is they will soon offer other Viacom channels Live also since they already offer CBS Live.

Paramount+ Combines With Showtime In Single Streaming App, Though Each Also Continue On Stand-Alone Basis

Paramount+ and Showtime are combining into a single streaming app, with discounted rates starting at $7.99 a month.

deadline.com

 

[Bruce]

Once again, Paramount+ is the little engine that could with 4.6M new subscribers, now up to 46 million total.

Also, 6 #1 movies this year, including Top Gun 2, which made over $1.4 Billion.

Also big success with Pluto.

https://ir.paramount.com/static-files/6ede049c-a7f4-4631-94f6-33a621f03818

 

[MikeD-C05]

Supposedly there will be a price hike on Paramount Plus soon. CFO of Paramount says there are "opportunities" to increase the price of Paramount Plus. Currently Paramount plus cost $4.99 a month (or $49.99 per year) , while the commercial-free Premium plan costs $9.99 per month (or $99.99 per year). So look to pay more soon.

 

[Bruce]

Supposedly there will be a price hike on Paramount Plus soon. CFO of Paramount says there are "opportunities" to increase the price of Paramount Plus. Currently Paramount plus cost $4.99 a month (or $49.99 per year) , while the commercial-free Premium plan costs $9.99 per month (or $99.99 per year). So look to pay more soon.

I have the Commercial Free with Showtime Year plan, only $129.99, which works out to almost $11 a month, since Showtime alone is $12-15 a month from Traditional Providers, a much better bargain.

 

[Josephinelcajon]

I always seem to have a problem streaming Paramount on several platforms. I end up streaming on my laptop then casting it to my TV.

 

[Bruce]

I always seem to have a problem streaming Paramount on several platforms. I end up streaming on my laptop then casting it to my TV.

What devices?

For some reason the Android App on my Sony Z9K has major trouble with that service, the Roku Ultra is just perfect with that app and all others.

 

[ncted]

Never really have any issues on my AppleTVs and never used to on my Firesticks.