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Sep 30, 2021
Paramount Q3 2021 Earnings Report
ViacomCBS reported a 13% increase in total company revenue year-over-year, driven by growth across all revenue streams, and global streaming revenue surpassed $1 billion for the first time, with a 62% increase year-over-year.
Key Takeaways
ViacomCBS reported strong Q3 2021 results, with total company revenue increasing by 13% year-over-year. Global streaming revenue surpassed $1 billion for the first time, growing by 62% year-over-year. The company added 4.3 million global streaming subscribers, reaching nearly 47 million in the quarter.
Total Company Revenue Increased 13% Year-Over-Year, Reflecting Growth Across All Revenue Streams
Quarterly Global Streaming Revenue Surpassed $1 Billion for the First Time, with Growth of 62% Year-Over-Year, Driven by Strength in Subscriptions and Advertising
Added 4.3M Global Streaming Subscribers to Reach Nearly 47M in the Quarter, and Achieved 79% Year-Over- Year Growth in Streaming Subscription Revenue
Generated 48% Year-Over-Year Growth in Streaming Advertising Revenue, Largely Driven by Pluto TV, Which Grew Global Monthly Active Users (MAUs) to Over 54M and Revenue by 99% Year-Over-Year
Revenue by Segment
Forward Guidance
No forward guidance provided in the document.
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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