ViacomCBS CEO Sees Peak Streaming Losses in 2023

The transcript discusses Paramount's investment in streaming, highlighting concerns about costs and profits. It outlines the company's strategy, including the launch of Paramount Plus, and reports significant subscriber growth and achievements in both streaming and traditional media. Future investment plans are discussed, with expectations of peak streaming losses in 2023 and subsequent earnings growth. Paramount's dual revenue model, leveraging both free and paid streaming, is seen as a key opportunity for the company.

What is one of the main challenges analysts are concerned about regarding Paramount's streaming investments?

• The high cost and pressure on profits

• Lack of content variety

• Poor user interface

• Limited global reach

Which streaming service did Paramount recently launch as part of their strategy?

• Netflix

• Disney+

• Hulu

• Paramount Plus

How many new subscribers did Paramount add globally in their recent quarter?

• 12 million

• 7.5 million

• 9.4 million

• 5 million

Which show is NOT mentioned as one of Paramount's top four shows on linear television?

• NCIS

• Friends

• The Equalizer

• FBI

When does Paramount expect to see peak streaming losses?

• 2022

• 2023

• 2025

• 2024