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Paramount Posts $286M Fourth Quarter Streaming Loss, Gains 5.6M Subs

⁨51⁩ ⁨likes⁩

Submitted ⁨⁨1⁩ ⁨month⁩ ago⁩ by ⁨TheImpressiveX@lemm.ee⁩ to ⁨movies@lemm.ee⁩

https://www.hollywoodreporter.com/business/business-news/paramount-fourth-quarter-streaming-1236148263/

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Comments

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  • Prox@lemmy.world ⁨1⁩ ⁨month⁩ ago

    Competition is good, but Paramount doesn’t have enough content to actually compete. I’m honestly shocked that they’ve kept their service running this long. I’m not going to subscribe to a dozen different platforms, and Paramount is never going to make the cut.

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    • ApollosArrow@lemmy.world ⁨1⁩ ⁨month⁩ ago

      While I do agree competition is healthy. I don’t think every company should have their own streaming service, it’s not sustainable and means that each company needs to be churning out consistent content. It would make more sense if they just let their content be accessible through the platforms that would dedicate themselves to streaming.

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      • pupbiru@aussie.zone ⁨1⁩ ⁨month⁩ ago

        competition is healthy but fuck i wish they didn’t compete on catalogue - i wish they competed on features, or maybe “premium offerings” or something

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      • reddig33@lemmy.world ⁨1⁩ ⁨month⁩ ago

        I’d argue studios shouldn’t own the channels at all. It’s hamstringing the industry, starving out movie theaters and preventing creatives from shopping their content to competitors.

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    • doodledup@lemmy.world ⁨1⁩ ⁨month⁩ ago

      Most people rotate.

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      • Crashumbc@lemmy.world ⁨1⁩ ⁨month⁩ ago

        I get whatever I can get a deal on.

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      • AtariDump@lemmy.world ⁨1⁩ ⁨month⁩ ago

        Yarrr.

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    • KingDionysus@lemm.ee ⁨1⁩ ⁨month⁩ ago

      I use a family log-in for paramount w/ Showtime.

      I use it almost entirely for showtime. There’s definitely some decent things on paramount. But once you’ve seen them that’s it. They don’t really have a lot of new content.

      And it seems to be an almost genre specific streaming service.

      If I’m in the mood for a comedy or something light I don’t even bother looking through paramount.

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      • Ilandar@lemm.ee ⁨1⁩ ⁨month⁩ ago

        In Australia Paramount+ has the A-League broadcast rights, so I subscribe purely for that. It is very cheap by streaming standards here ($7 for the base tier with ads) and has a pretty good collection of films too. TV series are really where it struggles.

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    • BeMoreCareful@lemmy.world ⁨1⁩ ⁨month⁩ ago

      It’s startrek, twin peaks and copaganda.

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    • TootSweet@lemmy.world ⁨1⁩ ⁨month⁩ ago

      Yeah, but Star Trek, though. That’s a “killer feature” for a lot of people.

      Paramount+ doesn’t work for shit, though. They keep inventing new and different ways to break. Even if you’re really into the content they provide, they’re so hard to work with and keep working consistently. Not like Netflix or Prime Video or Disney+ or whatever. (Hulu is… pretty janky as well. But anyway.)

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      • MECHAGODZILLA2@midwest.social ⁨1⁩ ⁨month⁩ ago

        Yep this is the only reason I have a subscription. The number and length of ads I get on it are ridiculous though.

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      • reddig33@lemmy.world ⁨1⁩ ⁨month⁩ ago

        They have all those Taylor Sheridan programs people are hooked on as well.

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  • lazycouchpotato@lemmy.world ⁨1⁩ ⁨month⁩ ago

    They give out free monthly subs all the time – works for new and existing subscribers.

    doctorofcredit.com/free-month-of-cbs-all-access-w…

    Just remember to cancel immediately.

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    • reddig33@lemmy.world ⁨1⁩ ⁨month⁩ ago

      Which is probably why they have millions of subscribers but are still losing money.

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