Paramount+, also known as CBS All Access, is a privately owned company headquartered in the US and operates under its parent company, Paramount Direct-to-Consumer. Founded in 2014, the company employs an estimated 1,480 individuals and reported $5.9B in revenue as of 2024. The company functions as an American subscription video on-demand over-the-top streaming service, drawing content primarily from the libraries of CBS, Nickelodeon, MTV, Comedy Central, BET, the Smithsonian Channel, Showtime, and Paramount Pictures. It also provides original series and films, live streaming sports coverage, and within the United States, live streaming of local CBS television stations. Initially launched as CBS All Access, focusing on live streaming of CBS programming from local affiliates and on-demand access to CBS programs and library content, the service expanded into original programming in 2016, including spin-offs of CBS programs such as Big Brother, The Good Fight, and Star Trek: Discovery. In 2018, the service launched in Australia as 10 All Access, incorporating programming from both CBS and Network 10.

2024 Revenue

Founded

2014

Headcount

1,480

Headquarters

US

Primary Segment

Media and TV services

Ownership

Privately Owned

News Summary:

On March 8, Paramount is poised to acquire Warner Bros Discovery (WBD), encompassing its assets and intellectual properties, a deal with significant implications for modern cinema and television. Earlier on March 8, David Ellison, head of Paramount Skydance, addressed staff concerns about CNN's independence, vowing neutrality as his company moved to acquire WBD, CNN's parent company, in a deal valued at $111 billion. This follows Paramount Skydance's announcement on March 7 of plans to revamp its studio lots in Burbank and Hollywood after the WBD acquisition. Previously on March 7, Paramount Skydance was reported to be nearing a $110 billion deal to acquire Warner Brothers, outbidding Netflix, with the transaction requiring approval from regulatory authorities in the United States, European Union, and United Kingdom.

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Paramount+ offers products in the media and telecoms services industry. Paramount+'s product portfolio comprises of media and TV services.
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Paramount+'s revenues were over $1B in 2024. All the revenue comes from video streaming.
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Examples of Paramount+'s suppliers include Jupiter Telecommunications, Recurly and Skyline Communications.

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