Team,
Almost a year ago, we announced that ViacomCBS would become Paramount — harnessing the power of our combined portfolio to become one unified company. Since then, I’m incredibly proud of the many ways we’ve worked together across platforms, brands and continents to consistently represent our role as the future global leader of entertainment.
With that in mind, I’m excited to share the next step in our company’s growth. Today, we’re announcing that we’ll fully integrate SHOWTIME into Paramount+ on both streaming and linear platforms later this year — bringing in even more popular franchises and hit originals. guests for viewers to enjoy. To reflect this change, both our premium streaming on Paramount+ and the SHOWTIME linear network will become “Paramount+ with SHOWTIME” in the US
SHOWTIME has captivated audiences for decades with its ambitious original series defining premium content and fanbase. Its name will always stand for creative excellence and critically acclaimed groundbreaking entertainment. Now, with SHOWTIME content integrated into our flagship streaming service and a selection of Paramount+ originals joining a linear offering, Paramount+ will become the definitive cross-platform brand in the space. streaming space — and the first of its kind to integrate streaming and linear content in this way.
This new matching service shows how we can leverage our entire content collection to drive deeper connections with consumers and deliver greater value to our distribution partners. I. This change will also foster closer alignment between our domestic and international Paramount+ offerings, as Paramount+ international already includes Showtime content. And, crucially, this integration will unlock operational efficiencies and financial benefits across our broader portfolio.
Chris McCarthy will continue to lead the SHOWTIME studio and oversee network operations for the linear channel. At the same time, he will work closely with Tom Ryan, who will oversee the “Paramount+ with SHOWTIME” streaming business.
While we believe this is the right step for the company, our consumers and our partners, we know that this change brings uncertainty to the teams working for brands. and this business. We are committed to being as transparent and thoughtful as possible throughout this process, and we hope to share more details in the coming weeks.
In the meantime, I ask you to stay focused. Through your hard work, dedication, and collaboration, Paramount+ with SHOWTIME is set for success. Thank you, as always, for all you do.
Good,
Bob
