Poised to sell Simon & Schuster, Paramount sees Q2 wins in streaming

Revenue for the quarter was at US$7.6 billion, thanks to increased Paramount+ subs. And the company is banking on a future cash injection from selling its publishing house for US$1.6 billion.

By Ryan Tuchow

August 8, 2023

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TAGS:

DTC, Paramount, Paramount Q2, Pluto TV, publishing, Simon & Schuster, streaming, Transformers: Rise of the Beasts

About The Author

Senior reporter for Kidscreen. Ryan covers tech, talent and general kids entertainment news, with a passion for kids rap content and video games. Have a story that's of interest to Kidscreen readers? Contact Ryan at rtuchow@brunico.com

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Poised to sell Simon & Schuster, Paramount sees Q2 wins in streaming

Revenue for the quarter was at US$7.6 billion, thanks to increased Paramount+ subs. And the company is banking on a future cash injection from selling its publishing house for US$1.6 billion.

READ THE FULL STORY

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