Submitted by abucalves t3_yxmkxk in television
Briscotti t1_iwpte85 wrote
Reply to comment by BeginByLettingGo in Neighbours is back! Amazon resurrects hit soap by abucalves
People underestimate the value FAST services can provide to these media companies currently struggling in the paid SVOD space. Paramount’s Pluto TV has 72M active monthly users which places it just below HBO Max in terms of actual TV viewership across all platforms and brought in $1B of revenue last year.
lightsongtheold t1_iwqiegq wrote
Still not profitable for Paramount though despite the fact it has practically zero originals.
Briscotti t1_iwt1xna wrote
It became profitable as of last year per Bob Bakish, on par with linear. https://www.adweek.com/convergent-tv/viacomcbs-streamer-pluto-tv-profitable/
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