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Jul 8, 2024 · This deal will "fortify" the Paramount+ and Pluto TV streaming services with "best-in-class" technology and an increased cashflow. Both companies expect the merger to be completed by mid 2025. Despite its strong presence in the media industry, Paramount's balance sheet has grown increasingly bleak.
- Andrew Heinzman
- Editor
The company first launched with Feature Films and has since strategically expanded to include Television, Games, Animation, and Sports, with studios in Los Angeles, Silicon Valley, Spain, and Canada. In total, Skydance’s films have earned more than $8 billion at the worldwide box office and include the box office record-breaking and Academy Award winning film Top Gun: Maverick.
Aug 18, 2024 · This gives Skydance control of a media empire that includes CBS, Paramount+, BET, Nickelodeon, Pluto TV, and numerous other properties. Paramount and Skydance have a long history of working together on films like Top Gun: Maverick and the Mission: Impossible franchise.
Apr 1, 2024 · Tom Ryan co-founded the free, ad-supported streaming service Pluto TV, which launched 10 years ago with a linear TV-like grid and a cluster of “live” channels stocked with online videos.
- Todd Spangler
Jul 9, 2024 · When the Skydance Media merger closes next year, a "fresh approach" has been promised. This is what moviegoers and TV watchers could see going forward.
Oct 28, 2023 · This change will see Paramount+ and Pluto TV apps remain their own separate services. Here is the memo sent out to Paramount staff this week. Hi team, For the last two years as we worked to launch and scale Paramount+ around the world while continuing to grow the global Pluto TV business. Product and Tech operated as collaborative but separate ...
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Paramount has not revealed monthly active users on Pluto TV in some time, but it did say that the streamer combined with Paramount+ to boost global viewing hours by 27% in the final quarter of 2023.