“We feel good about our position and our ability to remain a standalone.”
That was Paramount Co-CEO Chris McCarthy‘s update on the status of Paramount+, delivered on this morning’s third-quarter earnings call. His comment came after an analyst asked whether a strategic partner was still being sought for Paramount+. The company has openly acknowledged exploring a range of partnership scenarios and disclosed recently in an SEC filing that talks were held with media rivals.
Streaming was a bright spot in Paramount’s quarter, with direct-to-consumer revenue climbing 10% and Paramount+ adding 3.5M subscribers to reach 72M, making it the fourth-largest global SVOD streamer.
McCarthy’s statement veers from what insiders disclosed to Deadline over the summer, which was that Paramount had talks with Warner Bros Discovery and Amazon on a potential streaming collaboration. Details were unclear as to the shape that would take. McCarthy told Wall
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