Paramount Global Direct-to-Consumer (also known as Paramount+), a publicly owned US-based segment of Paramount Global, launched in 2019. It offers various media and TV services directly to consumers, generating over $1 billion in revenue in 2024. The segment encompasses several streaming platforms, including the subscription service Paramount+, the free ad-supported Pluto TV, and others such as Showtime, BET+, and Noggin. Paramount Global employs approximately 40,870 people.
Paramount Global's CEO, David Ellison, announced the end of the company's pandemic-era remote work policies, with employees required to return to the office full-time starting in 2026. Separately, Raphael Margules and J.D. Lifshitz were appointed to lead a new genre label for Paramount Pictures. This follows their previous first-look deal with New Line. There are reports of employee layoffs in November, with concerns raised about severance pay for affected remote workers. The White House announcement regarding a deal on TikTok's algorithm and board composition is unrelated to Paramount Global.
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