Paramount, a big media company, had some good news and some bad news this quarter! They made less money than expected, mostly because fewer people are watching cable TV. But, their streaming service, Paramount+, got lots of new viewers!
- Paramount+ added many new subscribers.
- Cable TV viewership went down.
- The company made less money than expected.
| Fact | Number |
|---|---|
| Paramount+ new subscribers | 5.6 million |
| Expected Paramount+ subscribers | 2.58 million |
| Paramount's revenue | $7.98 billion |
| Expected revenue | $8.10 billion |
