Paramount+ reaches 46M global subscribers in Q3, but stock drops ~9% on revenue miss

Paramount reported its earnings results for the third quarter this morning, citing growth in global streaming subscribers. The company’s flagship streaming service, Paramount+, saw a slight increase in Q3, bringing the total to 46 million, up from 43.3 million in the second quarter when Paramount+ experienced a net add of 3.7 million subscribers. The streamer … Continue reading Paramount+ reaches 46M global subscribers in Q3, but stock drops ~9% on revenue miss