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Paramount to Raise Prices for Its Streaming Plans

Posted on AllSides June 24th, 2024
From The Right

Paramount Global is raising subscription rates for its flagship streaming services, the media giant said Monday, as it looks to recalibrate its business and pay off debt. The revision in pricing comes at a time when merger talks between Non-Executive Chairwoman Shari Redstone and David Ellison's Skydance Media for a potential sale of Redstone's controlling stake in Paramount Global to the independent studio have failed, according to sources. The Paramount+ with Showtime plan will cost $12.99 a month, with a hike of $1, effective Aug. 20 for new users and...

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