Staff,
Virtually a 12 months in the past, we introduced that ViacomCBS would turn out to be Paramount – leveraging the energy of our mixed portfolio to turn out to be one built-in firm. Since then, I have been extremely pleased with the numerous methods we have labored collectively throughout platforms, manufacturers and continents to persistently ship world leaders in the way forward for leisure.
In that very same spirit, I am excited to share with you the following step in our firm’s evolution. In the present day, we’re saying that we’ll totally combine SHOWTIME into Paramount+ throughout each streaming and linear platforms later this 12 months, bringing much more hit franchises and originals for viewers to take pleasure in. To replicate this modification, each our premium streaming tier on Paramount+ and the SHOWTIME linear community will turn out to be “Paramount+ with SHOWTIME” within the US
SHOWTIME has captivated audiences for many years with formidable authentic sequence which have outlined premium content material and fandom. His identify will at all times stand for groundbreaking, critically acclaimed leisure and artistic excellence. Now, with SHOWTIME content material built-in into our flagship streaming service and choose Paramount+ originals becoming a member of the linear providing, Paramount+ will turn out to be the definitive multi-platform model within the streaming house – and the primary of its variety to combine streaming and linear content material on this method.
This new mixed providing demonstrates how we are able to leverage our whole content material assortment to drive deeper connections with shoppers and better worth for our distribution companions. This transformation will even drive stronger alignment between our home and worldwide Paramount+ choices, as worldwide Paramount+ already contains Showtime content material. And, very importantly, this integration will unlock operational efficiencies and monetary advantages throughout our wider portfolio.
Chris McCarthy will proceed to guide the SHOWTIME studio and oversee community operations for the linear channel. In tandem, he’ll work carefully with Tom Ryan, who will oversee the Paramount+ with SHOWTIME streaming enterprise.
Whereas we’re assured that is the suitable transfer for our firm, our shoppers and our companions, we all know this modification brings uncertainty for the groups engaged on these manufacturers and companies. We’re dedicated to being as clear and considerate as attainable all through this course of and anticipate to share further particulars within the coming weeks.
Within the meantime, I might ask you to remain centered. Because of your arduous work, dedication and collaboration, Paramount+ with SHOWTIME is poised for achievement. Thanks as at all times for all you do.
The perfect,
grain
