Paramount Revenue Rose 19% on ‘Top Gun,’ Streaming Service
138
By Connor Hart
Paramount Global posted a 19% increase in second-quarter revenue, led by the release of “Top Gun: Maverick” and nearly 5 million new subscribers to its Paramount+ streaming service.
The media giant on Thursday said that direct-to-consumer revenue rose 56% from a year ago with more than 64 million subscribers globally, which includes a loss of nearly 4 million subscribers in Russia.