Entertainment Media Paramont+ Paramount streaming Tech

Streaming Inflation: Paramount+ Hikes Prices as Operating Income Plummets on Weak Advertising Market

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Feb 16, 2023

Streaming Inflation: Paramount+ Hikes Prices as Operating Income Plummets on Weak Advertising Market

Paramount+ is hiking prices as parent company Paramount Global reported its operating income plummeted 93 percent for the fourth quarter as the weak advertising market continues to weigh on the media giant’s properties, including CBS and PlutoTV.

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