Paramount+ Streaming Service Nears 33 Million Subscribers

Paramount+ Streaming Service Nears 33 Million Subscribers

Assessment

Interactive Video

Business, Performing Arts

University

Hard

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The transcript discusses Paramount's strategic investments in streaming, highlighting their rapid growth and success in both paid and free streaming services. Paramount's competitive positioning against giants like Netflix is emphasized, along with their unique business model that combines advertising and subscription revenue. The company is optimistic about future growth, aiming for significant subscriber increases and improved margins. Paramount's content strategy, including leveraging their vast portfolio and licensing content, is key to their streaming success.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a key factor in Paramount's excitement about their streaming strategy?

The decline in traditional TV viewership

The rapid growth in Paramount Plus subscribers

The acquisition of new movie studios

The reduction in streaming costs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By what year does Paramount expect to see a return to earnings growth?

2025

2022

2024

2023

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Paramount plan to compete with major streaming services like Netflix?

By reducing subscription prices

By increasing advertising revenue

By leveraging their content portfolio and global reach

By acquiring smaller streaming platforms

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant achievement for Paramount Plus in 2021?

Becoming the most expensive streaming service

Achieving the fastest growth among US brands

Winning multiple streaming awards

Launching in over 50 countries

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a unique aspect of Paramount's streaming business model?

Offering only ad-free content

Focusing solely on sports content

Providing both free and paid streaming options

Exclusively targeting the US market

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategic decision did Paramount make regarding their content engines?

To focus on international markets

To outsource content production

To direct content towards in-house streaming platforms

To cease licensing content to other services

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the key components of Paramount's value proposition in streaming?

Exclusive live sports events

Discounted subscription rates for students

A broad lineup including sports, news, and entertainment

Partnerships with other streaming services