Global SVoD revenues will reach $124 billion (€117.3bn) by 2028, up from $99 billion in 2022 according to the SVoD Forecasts Update report from analyst firm Digital TV Research. The US will add $5 billion of the $25 billion additional revenues between 2022 and 2028. Second-placed China will gain an extra $1 billion. “This growth […]

Club illico, the Canadian SVoD service, has reached a Pay-One licensing agreement with Paramount Global Content Distribution to stream new films from Paramount Pictures’ slate after their theatrical release. Club illico is consequently now the exclusive French Language home for all new Paramount Pictures feature films following their theatrical release in Canada. Future titles to […]

Paramount+ has announced the premiere date and cast lineup for the highly anticipated second season of Queen of the Universe. Hosted by five-time BAFTA TV Award winner Graham Norton, the new season will premiere exclusively on the service April 1st in the UK, Latin America, Italy, France, Germany, Switzerland, Austria and Australia and March 31st […]

A post-results report from analysts at MoffettNathanson (MN) admitted that 2022 was a “challenging year” for Paramount. MN praised SVoD service Paramount+ and its 56 million subscribers (up 9.9 million), but suggested that investors should be focused on free cash flow (FCF) as the true measure of a business. The problem is that last year’s […]

Paramount Global disappointed Wall Street estimates on quarterly revenue as a slump in the advertising market hit CBS. TV advertising revenue fell 7 per cent in the three months to December, despite a lift from political advertising on the back of US mid-term elections in November. Meanwhile, Paramount+ added a record 9.9 million subscribers, partly […]

Showtime, the US cable network, has let go of some 120 staff as part of its cost-cutting exercise in its merger with Paramount Media Networks into Paramount+. The news comes amidst a greater integration between MTV Entertainment Studios and Showtime. In January, Paramount Global announced that Showtime’s premium cable pay-TV service as well as the […]

Africa will have 15.57 million paying SVoD subscriptions by 2028, up from 6.15 million at end-2022, according to the Africa OTT TV and Video Forecasts report from analyst firm Digital TV Research. Despite this fast growth, SVoD penetration rates will remain low, with only 7 per cent of TV households paying for at least one […]

System1, a specialist in advertising effectiveness, has unveiled the top performing commercials from the 2023 Super Bowl, ranked according to their long-term brand building potential. In a night packed with movie and TV homages, Disney’s 100th anniversary celebration held off the M&Ms spokescandies to take the top effectiveness spot. System1’s Test Your Ad platform predicts […]

Paramount+, the streaming service from Paramount Global, has partnered with Three UK to give customers access to more than 8,000 hours of entertainment. Three UK becomes the streaming service’s first major mobile partner in the UK, as Paramount+ continues to grow its direct-to-consumer distribution. Paramount+ is available immediately to new customers of Three UK who […]

Paramount has announced that its Showtime brand is set to be merged with Paramount+. In the US, the streaming and linear platforms will now be rebranded as ‘Paramount+ With Showtime’. Later this year the Showtime streaming service will cease operations. In a memo to staff, Paramount Global CEO Bob Bakish said: “With Showtime’s content integrated […]