Workforce,
Nearly one yr in the past, we introduced that ViacomCBS would change into Paramount — harnessing the facility of our mixed portfolio to change into one, built-in firm. Since then, I’ve been tremendously happy with the various methods we have now labored collectively throughout platforms, manufacturers, and continents to constantly ship as world leaders in the way forward for leisure.
In that very same spirit, I’m thrilled to share the following step in our firm’s evolution. In the present day, we’re saying that we’ll be absolutely integrating SHOWTIME into Paramount+ throughout each streaming and linear platforms later this yr — offering much more standard franchises and hit originals for viewers to get pleasure from. To mirror this modification, each our premium streaming tier on Paramount+ and the SHOWTIME linear community will change into “Paramount+ with SHOWTIME” within the U.S.
SHOWTIME has captivated audiences for many years with bold unique sequence that outlined premium content material and fandom. Its title will at all times stand for critically acclaimed, groundbreaking leisure and artistic excellence. Now, with SHOWTIME’s content material built-in into our flagship streaming service, and choose Paramount+ originals becoming a member of the linear providing, Paramount+ will change into the definitive multiplatform model within the streaming house — and the primary of its variety to combine streaming and linear content material on this approach.
This new mixed providing demonstrates how we are able to leverage our whole assortment of content material to drive deeper connections with shoppers and higher worth for our distribution companions. This variation can even drive stronger alignment throughout 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 broader 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 precise 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 we anticipate to share further particulars within the coming weeks.
Within the meantime, I might ask on your continued focus. Due to your arduous work, dedication and collaboration, Paramount+ with SHOWTIME is ready up for fulfillment. Thanks, as at all times, for all that you just do.
Greatest,
Bob