ICYMI: Paramount Has Its Own Streaming Service, Paramount+
A small story that may or may not be of interest or importance: did you know that Paramount Pictures has its own streaming service?
Neither did I, until a story from The Hollywood Reporter this week noted the following: “Viacom's Viacom International Media Networks on Tuesday unveiled the expansion of its subscription video-on-demand service Paramount+ across Latin America.”
Insert record scratch here.
It turns out that Paramount+ has been running as a subscription video-on-demand (or SVOD) service since 2018, but only in Sweden, Denmark, Norway, Finland, Hungary and Poland. Paramount+ will shortly be rolling out first to Brazil and then through other countries.
Quoting The Hollywood Reporter: “Paramount+ in Latin America will offer series on-demand, including The Handmaids' Tale and Paramount Network original Yellowstone along with more than 2,000 episodes of programs from Viacom’s other channels, including Comedy Central, MTV, Nickelodeon and Nick Jr. The service will also provide on-demand access to a curated library of more than 150 movies from Paramount Pictures.
Now, I’m not saying there are obvious strategic opportunities there for, say, a unified SVOD service encompassing CBS All Access in the United States and Paramount+ in Europe and Latin America...I’m not saying, I’m just sayin’.