Paramount+ Subscriber Grows to Q1 2025 Speed ​​Speed ​​- That’s Why Super Bowl Boosters Don’t Continue – Paramount GLB (NASDAQ: PARA), Paramount GLB (NASDAQ: PARAA)

Paramount part paraa expect Paramount+ With the impact of the main content release and the Super Bowl, subscriber growth has declined in the first quarter of 2025.

what happened: Paramount reported strong momentum for its streaming platform on Wednesday during the company’s fourth-quarter earnings call, adding 5.6 million subscribers in the fourth quarter, marking its best quarter in two years.

The surge is driven primarily by high-profile content Landman,,,,, King of Tulsaand Lionand the main audience enhancement of Super Bowl.

See also: Mrbeast loses millions of dollars on Amazon’s “Beast Game” – Now he hopes brands that raise hundreds of millions of dollars to take to the next level

“We expect Paramount+’s subscriber growth to continue, although not at the same level as Q4 in the event of content release.” Naveen ChopraParamount’s CFO.

The Super Bowl offers a huge one-time boost, but Paramount+ will require its hot series lineup and international expansion to stay motivated.

The company still hopes for profitability in the domestic streaming business in 2025, but will conduct critical testing in the first quarter whether Paramount+ can keep its ground without major live events.

subscription Benzinga Tech Trend Newsletter To deliver all the latest technology developments to your inbox.

Why it matters: Paramount Global missed Wall Street’s fourth-quarter revenue estimates Wednesday. The decline in its cable unit overshadows Paramount+’s strong subscriber growth.

The company’s revenue was $7.98 billion, down from $8.07 billion.

Paramount Global Co-CEO during Revenue Call George’s cheek Confirm that the company is still confirming the company parachute Mergered in the first half of the year.

Paramount Kendes deal still needs approval from FCC chairman Brendan Carr. He has launched a news distortion investigation into the 60-minute segment, which is expected to be in late March soon.

Price action: At the time of writing, Paramount’s Class A shares fell 0.85% to $22.25 in after-hours trading, while Class B shares fell 2.24% to $10.97. At regular meeting Wednesday, Class A fell 1.54% to $22.44, while Class B fell 2.43% to $11.22 per Benzinga Pro data.

See more Benzinga’s consumer technology coverage Follow this link.

Photo provided by: Shutterstock.com

Read the next article:

Disclaimer: These contents are produced to a certain extent Benzinga Neuro and was reviewed and published by Benzinga.