Jennifer Maas TV Business WriterParamount Plus and Showtime topped a combined 56 million subscribers by the end of last year, ViacomCBS revealed Tuesday ahead of its fourth-quarter earnings presentation and investor event.
That’s up 9.4 million from where it was in the previous quarter.At the end of Q3 of 2021, Paramount Plus (formerly CBS All Access) and Showtime OTT added 4.3 million global subscribers, raising their combined total to nearly 47 million.For comparison, HBO and HBO Max ended 2021 with 73.8 million global subscribers, Disney Plus closed the year with nearly 130 million worldwide, and Netflix reached 221.8 million total in Q4.ViacomCBS said last February it expects to reach 65-75 million global subscribers between Paramount Plus and Showtime by 2024.
Today’s event will see ViacomCBS “provide an update on the momentum of Paramount Plus, including its diverse global content lineup and more.
Additionally, the company will discuss its fourth quarter and full year 2021 financial results and provide details on the new reporting segments it has implemented beginning in the first quarter of 2022.”More to come….
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