Paramount+ to Raise Subscription Prices for Premium and Essential Tiers
The company also expects an impairment charge of $1.3 billion to $1.5 billion in the first quarter of 2023 as Paramount realigns its content strategy with Showtime.
www.hollywoodreporter.com
Paramount Global will raise the monthly subscription price for its rebranded streaming service Paramount+ with Showtime in the third quarter of 2023
The cost of the advertising-free premium streaming plan will rise from $9.99 per month for Paramount+ to $11.99 for Paramount+ with Showtime, while the essential plan with advertising will see a price hike from $4.99 a month to $5.99.
These price changes will apply to new and existing customers upon launch of the integrated Paramount and Showtime offering.