Industry News

Paramount+ offers nostalgia, live sports, and cheap way to watch with ads

4 March, 2021

For those of you looking for even more things to watch on TV, ViacomCBS is hoping you’ll turn to Paramount+.

The new streaming service, which debuted on Thursday for $9.99 monthly, will grow to feature over 30,000 episodes of TV, more than 2,500 movies, and over 1,000 live sporting events, as well as live news coverage.

It’s part of the ViacomCBS bet that streaming is the future of media, pinning its hopes on the idea that its streaming businesses can reach $7 billion in revenue by 2024.

“This is a major investment for us because we think the future of streaming is very bright,” ViacomCBS CFO Naveen Chopra told Cheddar. “The nature of that investment is really all about content.”

Visit Cheddar to read this article.

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