Paramount World highlighted the expansion of streaming and theatrical efficiency Mission: Inconceivable – Ultimate calculation We’ll report the ultimate set of quarterly monetary outcomes earlier than the merger with SkyDance closes.
The studio proprietor mentioned the patron sector elevated income by 15% within the second quarter of 2025, growing earnings from $26 million within the second quarter final 12 months to $157 million.
The corporate’s flagship Paramount+ streaming service ended the quarter with 1.3 million subscribers with 77.7m extra subscribers than the quarter because of the expiration of worldwide bundle transactions. Nevertheless, service revenues elevated 23% due to year-over-year subscriber development and worth development.
Filmed leisure revenues rose 2% to $690 million, whereas theater revenues rose 84% to $254 million, reflecting the most recent whole of $592 million. Mission: Inconceivable Options.
Complete Paramount World income rose 1% to $6.855 billion. General working revenue was $399 million (in comparison with a lack of $5.31 billion within the second quarter of 2024 resulting from “goodwill impairment expenses” in our cable community).
SkyDance’s deal was anticipated to shut on August seventh after a number of controversies over its take care of US regulators, so Paramount World Govt issued a ready assertion, however didn’t query the convention name after the announcement of its second quarter outcomes.
Non-executive Chairman Shari Redstone recalled the “king” philosophy of his late father and firm builder Sumner Redstone. It “nonetheless stays a actuality for our enterprise and business. It’s a actuality that we perceive. I’m assured that the imaginative and prescient of our enterprise and the know-how and assets they convey can construct bears.
Co-CEO CEO Chris McCarthy, who is predicted to depart the corporate after a Skydance deal, mentioned the direct client development pushed by Paramount+’s “distinctive efficiency” is “in a virtually higher place to thrive in the way forward for streaming.”
