Team,
Nearly a year ago, we announced that ViacomCBS would become Paramount, leveraging the power of our combined portfolio to become one integrated company. Since then, I’ve been tremendously proud of the many ways we’ve worked together across platforms, brands, and continents to consistently deliver as global leaders in the future of entertainment.
In that same spirit, I’m delighted to share the next step in our company’s evolution. Today we are announcing that we will fully integrate SHOWTIME on Paramount+ across both linear and streaming platforms later this year, bringing even more popular franchises and hit originals for viewers to enjoy. To reflect this change, both our premium broadcast tier on Paramount+ and SHOWTIME’s linear network will become “Paramount+ with SHOWTIME” in the US.
SHOWTIME has captivated audiences for decades with ambitious original series that defined premium content and fandom. His name will always stand for critically acclaimed innovative entertainment and creative excellence. Now, with SHOWTIME content integrated into our flagship streaming service and select Paramount+ Originals joining the linear offering, Paramount+ will become the ultimate multi-platform brand in the streaming space, and the first of its kind to integrate streaming and linear content this way.
This new combined offering demonstrates how we can leverage our entire content collection to drive deeper connections with consumers and greater value for our distribution partners. This change will also drive stronger alignment between our national and international Paramount+ offerings, as Paramount+ international already includes Showtime content. And most importantly, this integration will unlock operational efficiencies and financial benefits across our broader portfolio.
Chris McCarthy will continue to lead the SHOWTIME studio and oversee the network operations of the linear channel. Together, he will work closely with Tom Ryan, who will oversee the broadcast business of “Paramount + with SHOWTIME.”
While we are confident that this is the right move for our company, our consumers, and our partners, we know that this change creates uncertainty for the teams working on these brands and businesses. We are committed to being as transparent and thoughtful as possible throughout this process, and we look forward to sharing additional details in the coming weeks.
In the meantime, I would ask for your continued focus. Thanks to their hard work, dedication and collaboration, Paramount+ with SHOWTIME is poised for success. Thank you, as always, for all you do.
Better,
beto
