Streaming Success
Paramount+ is now a top four global SVOD service, achieving profitability in the U.S. faster than many peers. Revenue from Paramount+ grew 23% year-over-year, with a 22% increase in subscription revenue.
Record-Breaking Franchise Performance
The Mission Impossible franchise achieved the biggest global opening in its history. This has led to a 60% lift in daily active subscriber households for the franchise library on Paramount+.
Financial Growth
Total company revenue grew 1% year-over-year to $6.8 billion. D2C generated an adjusted OIBDA of $157 million, improving 6x compared to the previous year.
Content Leadership
CBS maintained its position as the #1 broadcast network for the 17th consecutive season, with 8 of the top 10 series and 14 of the top 20 series.
Operational Efficiency
Implemented over $800 million in annual run rate non-content expense savings, making the organization leaner and more nimble.