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Dec 31, 2020
Paramount Q4 2020 Earnings Report
ViacomCBS reported mixed Q4 2020 earnings, with revenue up 3% and significant growth in streaming subscribers and digital video revenue, but a net loss due to restructuring and programming charges.
Key Takeaways
ViacomCBS reported a 3% increase in revenue for Q4 2020, driven by growth in streaming and affiliate revenue. The company saw significant growth in global streaming subscribers, reaching nearly 30 million, and Pluto TV global MAUs, reaching 43 million. However, the company reported a net loss due to restructuring and programming charges.
Global streaming subscribers grew to nearly 30 million, up 56% year-over-year.
Domestic streaming subscribers reached 19.2 million, up 71% year-over-year.
Global streaming & digital video revenue increased 71% year-over-year to $888 million.
Pluto TV grew its global monthly active users (MAUs) to 43 million, up 80% year-over-year.
Revenue by Segment
Forward Guidance
The company did not provide specific forward guidance in this earnings report.
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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