Paramount Plus is getting more expensive whether you want Showtime or not

Date:
Fri, 17 Feb 2023 11:41:59 +0000

Description:
Existing Paramount Plus subscribers will be paying more each month when the streamer merges with Showtime in the US.

FULL STORY ======================================================================

Later this year Paramount Plus and Showtime will join forces to deliver a new streaming platform in the US: the not-so-creatively named Paramount Plus with Showtime. Unfortunately, when they do combine, existing Paramount Plus subscribers will see their monthly bill rise.

If youre a subscriber in the US, the monthly cost of Paramount Plus will rise from $9.99 per month to $11.99 per month for the combined service, according to comments made in Paramounts recent Q4 2022 earnings call .

Perhaps more annoying, however, is the news that Paramount Plus Essential
tier which wont include access to the new Showtime content is rising from $4.99 to $5.99 per month. So if youre an existing Paramount Plus subscriber
at either tier youll see your bill go up sometime in Q3 2023 (i.e., July-September) as this is the vague release date the company has given for Paramount Plus with Showtime.

While we expected that Paramount Plus would see a price hike following the merger, its nevertheless disappointing especially after the recent news that Showtime has freshly canceled a batch of shows and films , including Let The Right One In , American Gigolo, and On Becoming a God in Central Florida.

Those of you who arent keen to pay more to watch the best Paramount Plus
shows might want to try one of the other best streaming services , although
be warned that some other services are changing for the worse too; notably, Netflix is clamping down harder on Netflix password-sharing , and introducing its paid password-sharing rules in new regions.

If you subscribe to Paramount Plus from outside the US you should be safe
from the upcoming price rise, but wed recommend keeping an eye out, as we suspect the cost of the service will go up everywhere soon. During its earnings call Paramount announced that its streaming losses had risen to $575 million from $502 million in Q4 2021, and we expect that itll be looking to reduce those losses by bringing in more revenue.



======================================================================
Link to news story: https://www.techradar.com/news/paramount-plus-is-getting-more-expensive-whethe r-you-want-showtime-or-not


--- Mystic BBS v1.12 A47 (Linux/64)
* Origin: tqwNet Technology News (1337:1/100)