Before reaching Europe, Paramount + already had over 40 million subscribers

Before reaching Europe, Paramount + already had over 40 million subscribers

With plans to reach France by the end of the year, Paramount + already has about 40 million subscribers. In total, Paramount’s streaming offers, including Showtime, exceed 60 million customers.

With the HBO Max, Paramount + is the best platform to find time before settling in France. Despite the already fully saturated offer, the service of the former ViacomCBS was able to bring together about 40 million subscribers. It’s true that existing CBS All Access customers have taken advantage of this, but the upgrade to Paramount + felt more like a fresh start than a continuum.

Total 62 million subscribers

In the first quarter of 2022, when Netflix and others slowed down, Paramount gained 6.8 million subscribers. In the last quarter, there were even 7.3 million to join the platform ranks. Showtime figures under Paramount Global add up but at the expense of customers and many other small services, for a total of 62 million subscribers at the end of the first quarter, all platforms combined. according to VarietyParamount Global’s boss Bob Buckish recalls that an app that brings Paramount + and Showtime together will arrive this summer – this is the version we’ll find in France.

Strictly speaking, the Hill Company said a little more about its expansion plan. As expected, it will land in Paramount + France in the second half of 2022, perhaps by the end of the year. It is available not only on OTT but also through the Canal + Ciné Series offer. It will arrive in the United Kingdom, Ireland and South Korea in June.

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The target is 100 million

Finally, Pluto TV, launched in France in early 2021, discussed a service we already know works with the principle of AVoD, which is free but with ads. A platform that gathers about 68 million active users every month, this number has been steadily increasing in recent quarters.

All of this combined led to 82% annual revenue streaming in Paramount. The targets are therefore revised upwards and are particularly desirable: no less than 100 million subscribers by the end of 2024. As it is already difficult, Netflix sees competition coming from all sides. It’s not going to calm down.

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