ViacomCBS cracked the $1 billion mark in streaming revenue in the third quarter, but overall results were more mixed, with total revenue rising 13% to $6.6 billion and earnings per share declining to 69 cents.The revenue number just slipped past Wall Street analysts’ expectations, while the earnings tally, down from 92 cents in the same period of 2020, came up just short of analysts’ consensus.Streaming revenue jumped 62% from a year ago, reaching almost $1.1 billion, with overall subscriptions increasing 4.3 million around the world to hit 47 million.
Earlier this year, the company rebranded and expanded CBS All Access as Paramount+. Along with third-quarter financials, the company also announced a deal with T-Mobile offering select
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