Paramount Q1 Profit Rises on Streaming, Studios, Despite TV’s Decline
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- Paramount posted Q1 revenue of $7.35 billion, up 2% YoY.
- Paramount+ added ~700,000 subscribers, lifting DTC revenue 11% to $2.4 billion, though growth fell short of Wall Street expectations despite UFC content.
- Scream 7 helped studio earnings climb 11% to $1.3 billion.
- David Ellison said the company will close its pending transaction by Q3 2026, signaling strategic progress.
Why it matters: Investors gain as Paramount’s DTC revenue jumps 11% to $2.4bn and studio earnings rise, while advertisers lose as TV ad fees drop 6% to $3.7bn, pressuring ad‑sales teams to renegotiate rates.
