joining our and looking quarter results everyone, and you forward thank the walking afternoon, for you to are Good Naveen Paramount’s views business. through for and I second on the us.
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is Without this. there saying an amount by question, our start happening me industry. of incredible Let change across
to a of day. improvement with direct-to-consumer focused scale will in an to periods transformation. our I’ve And transformation, what strategy, Paramount, continued your earnings. a approach ability and stay coherent increased our strong built That learned quarter execution starting you every weather our business the we what DXC at is to and have change is revenue and key business on engagement But part and nimble, with of business this the when remain that be
let year investment for conditions. I’ll on with the in laid significant a peak earnings to our it continually deliver company’s being market on will XXXX zoom with total on the how track but remain bit. and streaming, talk addition, In me Then, XXXX navigate out we fine-tuning we’re we’ve how and are Naveen in execution the vision start our progress provide additional to through out we financials business. color Paramount, making growth
Despite across we We done, of multiple and level, revenue what’s and always industry focus platforms that business all do at for built on multiple a an at with popular a our monetize content growth. do one is streams. model, what high-quality happening with fundamental across what mass appeal we’ve Paramount create sustainable it building unwavering
Let further. me break down that
content. First,
often As do what Sumner famously content is is king, as echo, best. declared Redstone content we Paramount, certainly and at and we
critical terms licensing. QX, That #X XXX across we Paramount+, streaming. in content fact, movies. TV linear X,XXX XXX,XXX with in In and over industry and than in spans It of a total were TV and U.S. the episodes library driver viewership of our TV set one the irreplaceable more that TV, our is library, includes and years Pluto starts of
This live Australia, is animation including and that in UK scripted live, Hollywood sports unscripted, coupled in including markets, span episodic with events. the our in to key and the and news, and world in global production and from features capabilities action, and
Sheridan set or The RuPaul franchises Mission from FBI the Ninja unscripted to originals. powerhouse NCIS Turtles helps localize Taylor of enduring fan-favorite Transformers Impossible to Teenage to procedurals formats like extend and this and and to hits CBS and release the Mutant last week’s of crime Shores create, to All and families, expanding like
service, in its a newest weeks later new And global the on the week. ago. few Ops: Paramount+’s fan weekend, anticipated past Chi is series a XX this fact, of and season most series, watched premiere a Special highly premiered In Billions season, premiered coming favorite premiere to Sheridan’s hours Taylor this Lioness first
Our franchises continue to grow and scale. in number
time of We XX in that we also on a that grossed popular as in I Football, are well Nickelodeon to international Super have with than production and slated league billion we bigger very to debut including lit, a CBS, originals alternate with the and Paramount+ $X Madness, global franchises excited first our and have such local as XX Paramount+ have College world, soon PGA, for debut where of UEFA already roster by the green XXXX. note revenue. sporting Add originals led unscripted dozen Big more March over international February given the the in on in of XX, more coming Bowl a the we’ll as than want unscripted the formats and about. yellowjackets the ever events plus kid-centric telecast, NFL capabilities, something or some to scripted of and the – have than that, course, through versions more produced growing production
coming the of In us. generating the produced impressively of and that’s slate to a Beast. country Sexy bus key that’s and content British content is That quality within strong fact, the our advantage a series around originals serves our just addressable U.S., The world. crime announced including and across engine, and breadth already an in household large the we thriller Bargain, competitive like drama power Paramount+ the internationally gangster of market number for a the of a Korean
area gains beyond. to demonstrate continue most efficient in of expect we on the this one content being world the and quality, Beyond XXXX in to producers we in focus continued and
evolving hear streaming on Paramount+ that, super based efficiently. Naveen, key our will slate to we’ve serve This are of target audiences you learned more as we since content all from part As launched.
the take like ongoing top I’d and issue content, writers moment address mind that us, of Speaking of all actors is of to to for a the strikes.
this. would prevented industry, as that have to an agreement come saddened an We’re we couldn’t that
is creative the industry. community the with critical our of partnership health to Our
are resolution, time, So we same path a minimize forward. and we finding disruptions audiences and a other to the our responsibility At have a to remain hopeful constituents. to for we committed timely
CBS the favorites adjusted content as it’s well fall the ways CBS asset hits by a slate capabilities. our of full Paramount as we’ve our strategy, To that pairing like top multi-platform sports slate the British version we’re schedule like to On of the few. a of Ghost Yellowstone show, staying of and of The to Team strength hit Comedy SEAL nimble. CBS’ and into Paramount+ global the popular include leaning additions strong power Network base Paramount’s new lineup, and one own name illustrates the with end,
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including our That service global means it SVOD large streaming, accessing licensing. largest approach market the TV, and one the operated fast strategic world, in streams the our TV. distributing footprint Paramount+ the revenue means And widely linear with very assets, powerful third-party and and platforms broadcast distributed the leveraging most and globally premium theatrical services across to Pluto across our through subscription owned And tapping of of advertising. with into content fastest-growing content
of creates our you for Let how me value few examples company. a this give
of which, season. the CBS, know, at television XXth for you number in is look Just all as straight network the one
a the million CBS it’s minutes of domestically to are point also This that we asset on her one accounted in most on a company Paramount+ pay contributions finer move the forward on known half underappreciated Paramount+. Paramount X U.S., stream viewed is content films most as and profitability. put Pictures, value in of let is the a for total of content incredible abroad. efficient extraordinary of significant to To its $XXX What’s content programming path its and accounted and power both is over drives nearly revenue and acquisitions key CBS CBS’ with rapidly produced multi-platform quarter. advantage, in And multi-revenue it, for asset. scale our the to driving licensing continue the an on starting licensing, in library
produces embraced always and both linear of the third-party licensing to combination unquestionably And streaming and value us. know, television as that economic strategic you in something streaming, we’ve platforms, for
drivers the positive third-party secondary on have low of market on licensing strong generating point the to millions the revenue, in exploitation. cases, position Paramount saw growth incremental in seen dollars just engagement And a and windowing digital comes past when QX. And I also sequential through improvement our the a to has fact, in mid-single in Paramount+ revenue drove ad minute XX in year-over-year strength. Paramount is wrapped, of upfront, of months, both hundreds In top And to volume. XX we market. in over spend on it advertising
I want and video is digital and the leader in digital ensure a capabilities. the of ad depth understand space, our Paramount you ad to extent
digital on Paramount+ revenue double TV. at ad EyeQ, their up consumers offerings brands digits by Since and this year-over-year, The growth. biggest revenue and footprint $X simple is digital launched advertisers content powered and to a ago, platform Pluto strong effective our X we the years as for solution to direct connect Our premium by strength internationally players now – stands well. to in domestically, that the year, building incredible more million XX scale. seen generate than video, as expect billion full viewers EyeQ has it approaching we we’re the and upon at episode rivaling digital then, best
in launch Paramount+ global And move that expanding Australia. be of we’re tiers certain launching announced with forward. our we’ll markets footprint in Pluto We’ve just international ad-supported as we the TV
not of strength just digital. proposition is the Importantly, our
in Ram, in Super simply or the want are advertisers, who’s Our to break put, part Pizza the XX quarter. X our in content of capabilities events where a portfolio to of Paramount, fabric Hut, Season key capabilities be like the of Turtles new branded world-class industry-leading Yellowstone for differentiators content, Dodge like sports, partner including advertisers ingrained and through turn branded since tentpole the brands GRAMMYs movie as to been our are Bowl
advertising to brings long strength for the of combination helps mitigate key and advantages near-term Paramount any challenges. term This
business entire an that creating achievable for Finally, speak to model our growth, mission. our one I sustainable goal and focus hyper built to on want a powers
few over there here. a are said focused As we quarters, we’re the on levers key past
through revenue subscription growth, and price First, more. growth monetization ad continued increases,
with Second, content operational efficiencies cost a leverage. our and operating and improving focus on marketing and big spend
which efforts with on an to XX sustainable Naveen in a integration, speak commenced example of these to how June to want is on touch do all Paramount+ levers. of Showtime detail, build While I will model our pulling more
It extend streaming it Consider and Yes, this. more to $XXX for us savings secure to cost importantly, ARPU. and allowed across fact. increases drive one is most product more creating it is engaging than streaming million, a churn. stronger consolidation-driven that less our partners, Perhaps consumers price that in also enabled linear, with further
bundle that consumed last Showtime year XX% apps a the so, the had more Customers or titles. For over and we’ve Paramount+ the in of of market. bundle
have we will the streaming data product So enhanced linear. soon clear consumer deliver in engagement and integrated predictive that in
of continue In this team I incredible the me and Paramount closing, power us opportunity take say forward. to to proud this let company at am who how
Our maximizing focused on to is working. realities strategy, underpinned powerful And platforms content is compelling by business. of navigate our the approach market fine-tuned the and efficiently our
We’re doing shareholder as highest all with our value driving course, of of this, priority.
With that, will Naveen. I it Naveen? to over turn now
