sheet and the grew direct-to-consumer good improvement earnings for growth $X.X balance billion, our significant our XXXX, position reflecting to George, in while you, Full and year significant delivered strengthened business. continuing to adjusted In Thank OIBDA Paramount we XX% future. afternoon, everyone.
net generated Additionally, and flow of million free to we leverage cash X.Xx. reduced $XXX
review today's comprehensive provide quarter's call, results a I'll XXXX. find On for financials our quarter on outlook will the release. fourth our our and You then discuss press color of in
direct-to-consumer. QX, into dig let's So starting with
Our DXC a and of the giving benefited healthy NFL improved operating XX.X X.X in leverage. acquisition-oriented top million. of growth content, particularly college of volume theatricals, quarter the a and added high quarter, football. Paramount+ business line a from Subscriber originals, growth another reaching of total slate subscribers million robust delivered
strong. Engagement was very also
In in watch price shift subscriber grew points ARPU the per period. X% continued XXXX, grew XXXX to a the of ago our more time tier over Paramount+ user increase mix year-over-year lapping we implemented XXX price It's in QX, toward subscribers our most the basis in contributing noting XX%, worth that fact, and also several when year of of reflecting reduction the tier. in relative including churn existing base grandfathered. than Essential Essential factors, to increase August were our recent of
recent ARPU. a flow through to for will it price Paramount+ change to most longer take As this result, overall
growth the in XX% grew DXC segment, and The churn Paramount+ subscriber helped reduction includes subscription driven was growth This Paramount+ key improvement combination ARPU revenue. growth, billion. of The $X deliver X% ingredient revenue growth to where political in Showtime EyeQ advertising into platform. growth X% a by in the benefited following was direct-to-consumer revenue was from of growth advertising the our The OTT DXC spend. higher for by rate for X%. Showtime segment integration DXC the subscription digital impacted of also Paramount+. revenue cannibalization revenue Subscription
While of has growth, the integration delivered several been in significant improvement it over enabler revenue diluted key temporarily this quarters. we've a has the profitability past DXC
of improved year-over-year. than DXC by million Speaking in which, QX, OIBDA $XXX more
$XXX to last of of However, full looking due a profitability But $XXX couple year, the swung DXC as of improved quarters, a slate. of the billion the segment loss seasonality content to loss over we to the at nearly previewed our million. $X.X million
turning ecosystem Affiliate to and trends in affiliate as X% the $X continue TV quarter, Revenue advertising the fewer headwinds. also and billion year Now basis in from Media a declined weigh headwind including to saw linear versus and Results revenue. FX on declined advertising, to games revenue X.X% Media. impacted the quarter TV revenue trends advertising by college X%. period. international football college XXX were NFL softer Advertising football point and ago ratings declined
growth, licensing secondary revenue primarily grew partially Media productions. by by TV in the made-for-third-party offset driven quarter X% licensing fewer
the in slate licensing TV current in the benefited broadcast content for slower occurring CBS in of first market. a double-digit revenue, resulting programming Media rate licensing, licensing, from later largest of Secondary to time normalized a distribution component the season the relative since domestic strong the largely International historical. which grew as deals consists at season strike, growth of are
touch from OIBDA initiatives on costs fall as quarter. We proactively to TV compensation costs, Media the offset moment. I'll flat higher $XXX managing expenses variable our maximize were million Media year-over-year content were slate TV in Expenses focused earnings business. by highly new in and a cost-reduction on remain a was in which
compared $XX QX. a comparable marketing Filmed $X.X costs X year theatrical loss which the Entertainment, we the a million, in film as in billion of to revenue Entertainment X which released the as ago well In Filmed was million with OIBDA timing quarter. release period versus in generated decrease was $XX of X, the of Sonic late the films of period, includes associated of
basis, of On a expenses we than was QX. count. its compensation impacted $XXX portion XXXG Media $XX in about in the million incurred increase was mitigate million taken Together, that actions compensation OIBDA and biggest to higher TV generated exposure. Adjusted the head a of were of consolidated resulted expected. given adjusted company-wide relative size OIBDA [ these The variable at ]
in in payments free impact components of and was $XX cash seen the However, the including was cash restructuring million, was and the all Free flow $XXX flow other million initiatives. for year, across full million business. QX $XXX for
XXXX. to Now on
continuing Skydance on streaming for Paramount+ on identifying while means work originals era. these the and the to support another TV streaming in leverage additional advertising priorities, to across cost-reduction content assets growth. linear it cash the invest digital, company. free transform means and to focused continuing our by from we're Paramount transition franchises the profitability we And means continuing growth. domestic Paramount's That and sports, It deliver expect we business powerhouse our to of film to executing year close delivering business to for opportunities As flow to transaction, DXC of
expect we and when in the for contribution growth strong the advertising addition, of Super Bowl OIBDA XXXX. In political adjusting
at more Looking QX. closely
from accelerate additions, at as generate which, given level toward QX subscriber the XXXX Paramount+, the should we Paramount+ content of which price we'll though quarter same continued a see by We releases. the impact growth timing way, ARPU. not the fully QX direct growth subscribers, and as expect increase, lap attractive ARPU skewed sub at full heavily
due rate the the to of expect decline impact we to renewals evolving ecosystem. Media, affiliate TV QX and in an increase recent revenue In of in Pay-TV
to of advertising, and growth we In continues business relative QX net DXC in scale, similar we to combination QX. streaming our expect and affiliate the and in yield company revenue. total as However, business to our expect linear traditional in trends underlying digital subscription
in Media to and impacted will However, by the the comparison be XXXX reported advertising growth DXC TV Bowl. Super
trends as together, all the basis, OIBDA discussed I decline while comparison of and for toward of the underlying as year Super will against QX underlying Putting on timing it full planned additional the year-over-year, will adjusted means year. benefited grow well QX half OIBDA an cost reflecting the the XXXX. significantly of Super which growth reductions Bowl, The be OIBDA second combination Bowl business will half weighted the back
last In terms Super to lead the $XXX being of restructuring will from and million lapping lower of cash year-over-year. free combined approximately cash with cash payments flow, include year's will free headwind when flow Bowl QX
full the as impact XXXX, in year, However, of mentioned in for the to I the cash we 'XX. and free earlier, advertising expect political when Super flow including increase Bowl even
positioned free future. profitability, We produce significant well continuing has progress and XXXX full clear all and DXC cash leverage, continuing in for to us net it's improvement reduced growth, increased a generated substantial while OIBDA content. in invest momentum forward financial XXXX. hit in to in We this year our back, look Stepping flow that the
With for operator, open questions. that, please line the
