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Paramount+ Revenue Up 23% in 2nd Quarter Despite Losing 1.3 Million Subscribers | Revenue for the company was up 1% ahead of its Skydance merger on Aug. 7
Paramount reported its second quarter earnings ahead of its Skydance merger, which will take place in August.
The progress we have made is a testament to the talent, focus and dedication of the people of Paramount under the leadership of George Cheeks, Chris McCarthy and Brian Robbins.” “Under Shari’s leadership, Paramount has transitioned from a disconnected collection of TV assets into a streaming-first company with a powerful portfolio of hit content and franchises,” McCarthy said. Other additions to the leadership team include Cindy Holland, a former Netflix executive who has been serving as a senior advisor to Ellison since October, and Skydance chief creative officer Dana Goldberg, who is set to lead the motion picture side of the studio.
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