Paramount+ grows to 60M subs as it prepares to integrate with Showtime

The previously announced integration of Showtime into Paramount+ draws closer as the company reports its first-quarter fiscal earnings. Paramount+ with Showtime is set to launch in the third quarter.
While the integration is anticipated to generate around $700 million in future annual expense savings, which Paramount announced last quarter, it also resulted in a programming charge of $1.7 billion in Q1, the company said Thursday.
“In connection with our plan to integrate Showtime into Paramount+ and initiatives to rationalize and right-size our international operations to align with our stream

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