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Jun 30, 2022
Paramount Q2 2022 Earnings Report
Paramount's Q2 2022 earnings were propelled by strength in filmed entertainment and strong direct-to-consumer (DTC) growth.
Key Takeaways
Paramount reported a 19% increase in total company revenue, driven by growth in Filmed Entertainment and Direct-to-Consumer (DTC) segments. Paramount+ subscribers grew to over 43M, and Pluto TV's global MAUs expanded to nearly 70M. Top Gun: Maverick powered significant growth in Filmed Entertainment revenue.
Total company revenue increased by 19%, driven by Filmed Entertainment and DTC growth.
Global DTC subscribers rose to nearly 64M, reflecting the removal of 3.9M Russia subscribers.
Paramount+ subscribers grew to over 43M, with revenue growth of 120%.
Pluto TV expanded global MAUs to nearly 70M, maintaining its lead as the #1 free ad-supported streaming TV service in the U.S.
Revenue by Segment
Forward Guidance
No forward guidance was provided in the transcript.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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