From TheWrap · Lucas Manfredi · · 50s
Paramount Reports $73M Profit
Paramount's Q3 profit jumps to $73 million as streaming and studios drive growth.
In brief
Paramount's Q3 profit jumps to $73 million as streaming and studios drive growth. Paramount swung to a $73 million profit in Q3 2026, fueled by streaming and studios growth after the Warner Bros. Discovery merger. Originally reported by TheWrap.
Q3 Results
Paramount reported $73 million profit for Q3 2026, beating Wall Street's $6 cents per share expectation.
Streaming Growth
Paramount+ added 600,000 subscribers to reach 82.2 million, with HBO and HBO Max totaling 203 million worldwide.
Studios Performance
Studios revenue grew 23% to $1.5 billion, driven by Brad Pitt's 'Heart of the Beast' and 'PAW Patrol' films.
TV Media Decline
TV Media revenue fell 7% to $3 billion due to cord-cutting and lost affiliates Telefe and Chilevision.
The big picture
Paramount swung to a $73 million profit in Q3 2026, fueled by streaming and studios growth after the Warner Bros. Discovery merger.
