Is Paramount+ Shutting Down?
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- čas přidán 18. 12. 2023
- Is Paramount Plus shutting down? This is what one business analyst cited by The Hollywood Reporter predicted may happen in the near future. In this video, I break down why Paramount+ could shut down and provide deeper context for the role that National Amusements and CEO Shari Redstone play in Paramount’s future.
I explore possible scenarios like Paramount+ merging with another streaming service and cover the companies that could be in the running to purchase control of Paramount including Skydance Media, Warner Bros Discovery, Amazon, Apple, Netflix, and even Activision.
For further reading:
www.indiewire.com/news/busine...
www.hollywoodreporter.com/bus...
www.hollywoodreporter.com/bus...
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We used to have Showcase Cinema! It shut down before Covid started. I missed that place.
Fun fact: National Amusements owns Paramount Global, Showcase Cinemas and the Brazilian Branches of UCI Cinemas, The UCI brand as a whole is owned by AMC Theaters.
I would love to see MAX get Paramount+ and Peacock. That would put a pile of great content, in the same place.
Government wouldn't allow that.
@@izzo2998It’s not the parent companies, it’s the streaming services
Paramount + was the first streamer I subscribed to, as it hit a bigger sweet spot for me than the others, at a comfortable cost. If it were folded into a costlier streamer, I'm not sure if I would stay on.
They slashed cost assuming don’t want showtime network streaming note for kids they have every show nickelodeon made as well original content with nickelodeon logo to also promote it and they also make original content with other networks they have to promote them and collection original title made with them.
I just bought a year's subscription to this. We better get grandfathered in by whoever buys them out.
I think that’s most likely what would happen if/when Paramount shuts down. It will be in the best interest of whoever gains control of Paramount to draw customers over to wherever the shows & movies go so I’d assume they’d offer a discount/incentive to switch over or some kind of pro-rated refund.
I never buy a year bc you never know when they cancel the shows you like
great video i would be intrested in seeing you make more videos like this generally theorising and talking about the state of services
Thanks! I plan on it!
The only thing that would draw me into the app is the Nick content, so on thay end, id hate to see the app leave. Also, maybe its just me, but it barely gets advertised or offers new originals to hook you in.
MTV and Comedy Central also have a good library
I love Paramount plus, I watch The Bold and the Beautiful, Let's Make a Deal, all of Star Trek and Live tv
Yeah, for me, it's the "Star Trek Channel". I subbed and paid to help Paramount make more StarTrek, and I hope they keep doing it. If not, I'm leaving.
@PoeLemic I know what you mean, I'm a Trekkie, and I'm always watching some form of Star Trek every day on here. I hope Paramount Plus doesn't go away. We had CBS all access before Paramount Plus.
With the news that Warner Bros Discovery, and Paramouth, in talks with merging, who knows what's going to happen
Superman/Star Trek crossover special.
I heard that Skydance were interested in buying Star Trek, i have no idea how far talks got but sounds like a good fit .
I honestly don’t get why paramount could be at risk of bankruptcy if SpongeBob is making them 1 billion in revenue a year
Paramount is only "shutting down" some stuff in the sense that it's about to merge with Warner Bros.
Is it really? Would the paramount + stuff transfer over to Max then?
So there are going to be:
Netflix, Prime Video, Disney+
and the Everything Else Streaming Service +
The big winner hasn't even opened their doors yet. The big winner will be a products company that edges into streaming.
The simple problem is that there are too many streaming services, they have flooded the Market. Also people cannot afford to subscribe to all the services which means if they do, they are very selective. It also does not help that these services have jacked up their prices.
I think they overestimated the number of streaming services the average person would be willing to subscribe to. For most people it's maybe 2-3 maximum and then the content on the free streaming services has significantly improved, too.
On BBC new channel;
Warner Bros Discovery and Paramount Global are in early talks to merge, according to multiple media reports.
I think Amazon should take it over if that is the case.
This seems like the most likely scenario in the long-run.
Well Amazon already have a good partnership going so yeah.
We don't need any more Amazon dominance.
Very informative. Thanks.
You're welcome!
With the strikes, 2024 will be an interesting year for ALL the streaming services in general, with a severe lack of (American made) new content...
All these companies have survived off 0 interest loans for years. Everyone made fun of me for still buying physical media but I think I’ll get the last laugh when it will be a wasteland for older content as companies transition to smaller, curated models to survive.
more like 2025 and beyond since most was already filmed and was in post, its only tv shows that will be out of schedule
@@MLTAKOS Thats why all but one MCU movies was pushed back out of 2024 (Deadpool 3)? Of the movies I've at least followed, ALL of them have been pushed, most of them out of 2024... But yes, TV content will be a wasteland next year.
@@LL-kh7sc mcu is plagued by bad execs and producers, a connected universe is hard to manage especially when they plan 5 years ahead and unexpected things keep happenning also vfx delays are usual bc of alot of green screen and no unions
When they all let you sign up for their streaming service every year during Black Friday/Cyber Monday under a new email address, there is never a need to pay full price for these services. Cable companies always tried to convince people that a la carte channel selection wasn't viable and people never believed them. Now it seems that streaming services are proving the cable companies correct. Just a little too late for the cable companies.
It's of no significance whatsoever ever if Paramount shuts down to me. All it means to me is that I can save $5.99 per month.
…if it’s “of no significance” then why do you pay $5.99 a month for it in the first place?
@@sssspider That's none of your business.
@@kingkobra1956 all I’m saying is if Paramount+ truly means that little to you, then you can save $5.99 a month regardless of if it shuts down or not. Why leave that choice in the hands of a corporation?
To access the content library
Fun fact: Paramount+ could merge with Peacock.
The quality/price paradigm is all important to me. Quality viewing is rare considering all the content available. I left ota tv for cable, which drove me to streaming services for the better (i.e. greater choice) of content per dollar spent. Constantly escalating subscriber fees are driving me back to books but they are no bargain either. I blame greed, poorly educated media producers & a viewing public willing to pay for comic book & video game quality of viewing entertainment.
Great video! I would love to see Netflix buy Paramount, seems like there is content there they could use.
I think it would be a huge “get” for Netflix- especially if they wanted to expand more into live sports or news through CBS. Paramount produces a lot of reality TV that would fit well on Netflix. I think it would be in good hands with them.
Me too. I currently have P+ through an Amex and Walmart promo so it's not costing me anything. I do like their extra stuff (for example, they have ALL the seasons of NCIS, not just the first 15). But with amazon prime going to the dark side and jamming ads down our throats next month (or whenever it starts in 2024), I'd like netflix to get it so that my regular netflix ad-free account would allow me to be able to watch stuff as all the higher entities want it (and that is, ad-free and no on-screen logos and other crap; I am hoping amazon doesn't start slapping their logo on the content). I refuse to pay for any channel that edits movies and tv shows by putting their logos on the screen during actual content (watching their guide, no problem).
Hope not. I like Paramount Plus but I won't subscribe to Netflix or Disney Plus
since they wants to expand as they do with games now maybe
Apple has the cash flow to purchase most if not EVERYTHING ELSE. They won’t do that, because they are typically conservative buyers, snagging smaller yet incredibly profitable products (Peanuts. Fraggle Rock). They also make original products. Unlike Netflix, Apple has the cash luxury to make original products without the money hole effect setting in on them.
I don’t see Apple doing it unless maybe they got a specific piece of Paramount like the movie studio. They have a very specific brand and I think suddenly taking the reins for things like Big Brother and Dora the Explorer would be an odd fit.
i don’t know anybody watching fraggle rock and peanuts
I’m using up 3 months free of Apple TV and so far nothing is hitting me WORTH paying for…
I know we are getting this from a guy wearing a “ducky” shirt…
It’s no secret - Blackrock is only investing in companies that push the ESG agenda; CRT (“only white people are racist), Feminist (women can do everything a man can do and BETTER!) and Transgen grooming (and Tranny men can do better than women) and the audience smells this Cultural Marxist propaganda the minute HollyWOKE slips in a Soviet Democrat Party MESSAGE.
In “films” WOM gets out and people know to stay away and the production TANKS losing million$$$ of dollars…
But - streaming - can mix the WOKE 💩 with the good stuff and try to maintain a subscription base… at least that’s what ESG companies thought!
It’s not “Post Pandemic” malaise… good movies still make a MINT!
(We can discuss “Barbie” but I think you can watch that as a spoof on Feminist propaganda… unintentionally)
It’s just NOT working… why should NORMAL people pay monthly subscriptions to propaganda pushing how only “non-normal” people are “good” and everyone else is “bad”
Entertainment dollars - after paying for the doubling food and gas prices (the tax on the TRILLION$$$ pissed away by these same corporations at the behest of said Soviet Party) is better spent on buying - specific - content or on something else entirely.
Subscriptions for WOKE propaganda is not a sustainable business model.
true its either them or amazon, they both got infinite money and amazon prime is irellevant so it might boost them+ i think content wise these two suit better than apple. WB is broke i think, they dont have the money for such a big investment that might not pay off and after all the drama i think they will keep it quiet for now🤔
Being a product brand does seem to be the way to win the streaming wars. I mean both Apple and Sony are making money. Meanwhile CZcams is still losing money for Google nearly 18 years post acquisition.
They better put the old game shows on there like Get the picture & Figure it Out to truly made the site worthy.
They really don't have those on there? No double dare or legends of the hidden temple? How odd.
It’s probably because of contracts. Back then they didn’t anticipate anything ending up on a “streaming service” because they couldn’t fathom the creation of one at the time. The internet was still relatively young. It likely all boils down to the contracts. It is prowl difficult to get them updated and signed too. One person wants residuals for a game show episode, they all will want it.
Last year, Paramount+ left Norway and many other countries, and instead we got a service called SkyShowtime, which was supposed to have all the same content. Well, they don't have Star Trek: Discovery. On the other hand, it still has Star Trek: Prodigy.
But it is limited to 1080p HD and SDR colour, and I haven't been able to get anything but two channel stereo.
Sign of Paranount+'s difficulties that they sublet their content to a poorer provider?
SkyShowtime is still owned in part by Paramount (joint venture with Comcast). The whole licensing thing is complicated. They can guarantee money more easily by licensing to someone else but yeah, I don't think it's a great sign for the brand overall when they switch from one company's name to another.
They better not close down. At least not until I finish going through every Star Trek show.
I've read that Peacock is not doing well and first of the year is shutting down in the U.K.
I think there’s a very good chance you’ll see Comcast/NBCUniversal (which owns Peacock) merge with another company. Heard some people predict a Warner Bros Discovery/Comcast merger so in that case I’d expect Peacock would get absorbed into Max. But everything is up in the air right now.
They have just halved the yearly cost of paramount plus in the UK
Apple makes the most sense- the CBS brand is more family friendly and they already own a property that was housed within CBS/Viacom which is Snoopy. They could make good use of the Star Trek catalogue. Plus they need to flesh out their legacy movie offerings within TV+.
Uh, most likely, @Newgrounds
they met with apple and i think apple tv plus needs like another section for paramount since they only have originals and its not enough to justify doubling the price with no content and they have the money but i think they want to keep their image clean and pure apple but like i said another section in the app would be good
I think skydance would be the best company to take over National Amusements..... they already have a long track record of making hit movies for Paramount... the problem with apple taking over they would raise the prices on everything like they had to do with their phones
Not in US which I’m aware of it owned and operated by CBS STUDIOS and content gotten awards like blue bloods and just spent lot money boosting sports and amount networks to have excess to like all current and nostalgic nickelodeon and form other networks they got they also offer paramount original content and original content with logo of different networks they have.
Funny timing
Paramount and Warner are now in talks for a merger
They must have watched this video
/sarcasm.
Warner must wanna be bankrupt 😂
For me, I am happy to have been subscribed to Paramount+, because I wanted to assist them in making more Star Trek content. And, if they don't keep doing that, then I am cancelling.
Sound like Paramount isn't interested in customers/viewers to me.
I think if that was the case they would have sold Paramount years earlier. They tried to hold out and make it in the streaming world but have struggled against the competition.
Apple's acquisition of Warner Bros. Discovery and Paramount would make a substantial addition to Apple TV+.
In the part of Europe I live in, they suck at even providing even their own Star Trek series. We have SkyShowTime partly owned by them with most of the Paramount content, including almost all Star Trek. However, ST Discovery is not available on any platform here and Lower Decks only season 1-3.
Hmm that's strange that you can't get ST Discovery. It's not on Netflix or anything?
Not all the streaming services can survive .
I currently have Netflix, Prime Video, Disney Plus.
I'm in the UK.
How many of the streaming services make profit ?
Comes a point of the subscription gets too high and I would consider cancelling them if it gets too much .
I hope the shows that were deleted could come back
They deleted some of my favorites shows this year on nick
Warner Brothers taking over Paramount would be a disaster... the same thing happened when Disney took over Fox... Warner Brothers and Disney already had monopolies before they tried to take over.... I think skydance should take over Paramount Plus they already put an offer in
SkyDance would get my vote because of their extensive partnership with Tom Cruise because he actually understands the entertainment business. Ellison & crew make bank by listening to him in my opinion.
@@jeremybarlow2291 if Warner takes over Paramount it would destroy the Paramount Library... it would become too much content for them to manage.... with Warner Bros Discovery Paramount all-in-one place..... people are also getting confused Shari Redstone owns National Amusements she owns 9.7% of the largest share of Paramount global which gifts her 80% voting power..... but the other shareholders still have power as long as they all come together they they can stop her..... I'm not a big fan of Apple but apple or skydance would be the best choice.... it would bring in a cash flow.... why would anybody want all the studios controlled by the same companies
I would love to see Warner Bros and Paramount merge together! Cause this is way better than Disney with 20th Century Studios.
I hope it doesn’t pan out like that. We like our CBS All Access/Paramount+
I think it is the best bang for the buck with Showtime included.
I'm not a streaming sort, but I hope not. Was it a pop up store? I have food in my freezer that has been there longer than Paramount minus was in existance
Let it happen. We don't need anything with WB involved. Let WB and Paramount go bankrupt. Have WB drag their baggage into another studio and destroy it and give themselves more debt. That's the type of stuff I love to hear. Give Zaslav and Gunn the keys to another dying franchise.
Damn I hope they aren't shutting down, we just signed up lol.
Paramount needs to do a better job at streaming pricing . I only stream with Universal/Peacock because there's so much content at a very low price .
It probably should can't watch a show without it locking up.
That’s unfortunate. p+ is one of my favorites.
I seen it on the news this morning BBC uk that potential merger with Warner Bros but very early stage so interesting what comes out of that
I SAW on the news......😖
Sorry teacher FFS🥱🥱🥱🥱@@steven2809
I loved paramount + but there removing season of penquins of madagascar and there removing alot of other shows i liked so i canceled it same with netflix its getting annoying bc i cancel my sub and look for the next one so i decided to buy dvds bc i dont have to worry about losing them
What about Yellowstone
Yellowstone and its various spin-offs are some of the assets that actually bringing in money and viewers so I'd wager a guess that no matter what there will be more Yellowstone.
When they hooked up with Walmart you had to know its going trash truck level.
I personal want Apple to buy entire Paramount and WB along with all there's subsidiaries Including TNT for Uk, Eurosports for Uk again along with Channl 5 Uk brand of Channels along with ones you mentioned. I then want Disney to buy Lionsgate+ and Starz Play. Then i want Amazon to buy Netflix. Apple is literally one of only company that could literally buy all of Uk and Ireland public service Channels without crippling themselves and as long as they leave two of them on ajr say BBC and ITV then they wouldn't be braking competition laws then. It would save Uk and Irish people money as a tv license wouldn't be required then.
I was thinking this is a sinking ship and I was right.
I just bought 12 month I hope they dont
Apple should take Nikolodeon and license their bigger franchises as Star Trek.
It is the only broadcast network app to go the paid subscription route hence abc nbc fox and the cw doing he cable subscription route where u needed a cable login to us the app under the name cbs all access outside of some Nickelodeon content it has nothing to draw most people in even though it has the majority of the Star Trek content but the Nickelodeon content does get aired on the cable network so if u can wait for it u don’t really need paramount+
Not the only one- Peacock includes live feed of NBC now for the higher priced tier.
AMC should take it over
I would like to see Paramount Plus and Warner Brothers merge. Batman and Star Trek from the same company. They should get rid of Kurtzman's Star Trek.
Batman v Picard: Dawn of Justice
Netflix is the most viable stable streaming service…currently.
Although Apple has the largest expenditure budget, their streaming service is in as bad a shape as Paramount + and Disney +.
Apple can afford that loss leader for it's expanding products business pretty much forever. They have over $100 billion in cash equivalents on the books last I checked.
It's been brought out by sky you can only see it on sky
Your audio volume is low.
I hope not - there’s a lot of good world football/soccer on it; Champions League, Europa, Serie A, and a bunch more
that being said - their Apple TV app BLOWS and needs to be redesigned
In Australia, Paramount + is almost useless during live streams of football matches. Inevitably the screen locks / freezes and I have to power off and power on my television to resume viewing. It is utter garbage.
It'll be sad if I will miss my classic Nickelodeon Shows
They’ll still be somewhere. Just possibly another streaming service eventually.
@@ShallIStreamIt that's good
@@ShallIStreamIteverything was better when it was On Demand, how many more streaming services are people expected to buy into?
i want Sony buy paramount we don't have paramount plus in south africa
In my oddball opinion... I think the streaming services don't need exclusive shows. Stop making shows for broadcast and different shows for streaming. Ya'll obviously can't afford to do that.
Just make shows for broadcast. The streaming services should be thought of as unlimited DVRs so we can get your back catalogs or catch up on current shows. Or for people who cut the cord.
Maybe merge catalogs. That was the great promise of Hulu. You could get it all in one place until they all got greedy and thought they could make more money with their own service.
To help with the finances - Put commercials on everything and make multi-month deals or commitments to cut churn.
Originally it was the free ad supported app where u caught up on last night’s episode of your show and it had a back catalogue of shows when thry got greedy and put up a paywall for the app a lot of people’s accounts judt lay their never used again
Paramount+ is an absolute P.O.S. The streaming is pathetic. It does not work like any of the other main streaming companies.
No
Walmart +
That deal is still alive and kicking, although with the Walmart+ discount there offering to Disney+ customers that makes me wonder if they’ll switch over to Disney+/Hulu eventually.
I believe Amazon will be acquiring Paramount + just are MGM+ right Now…. Prime is in dire need of addon content all the time and paramount is already an addon they recommend getting. To me that’s an indicator they want the content.
Paramount Plus for me is primarily for reality elimination shows like Survivor and Big Brother, mainly the ability to watch it live since I can't get CBS local with an antenna. As long as the live channel stays with wherever it goes, I am fine.
Definitely a ton of reality competition on Paramount+. I love watching The Amazing Race.
@ShallIStreamIt I think big brother and amazing race were the only reason I bought it to begin with. I love the South Park specials! Ever seen streaming wars?
I have not, I'll have to check it out.@@tonialston1968
Sounds like you are trying to chase away all their subscribers and make sure they fail.
Not in the least bit- I like Paramount+. I subscribe to it, and I want them to succeed. But the dog-eat-dog economic system we have is going to play itself out, regardless of what I want. I was rehashing what’s been reported on in the media about the behind-the-scenes happenings at Paramount.
I started streaming the day after Christmas, dumped my Dish subscription and bought 2 ROKU units, one for the bedroom and one for the Livingroom. Signed up for Paramount+ , Philo and Disney+ premium, this get me all the channels I had on Dish and a lot more for about $70 less each month. So far everything is working great. And it is fun to explore all the free channels too. LOL@@ShallIStreamIt
DISNEY 😂
No It's Fake Shutdown
It’s still here so you need to take down clickbait videos like this one
Hi Eric- here’s the latest on the situation with Paramount: variety.com/2024/film/news/paramount-global-stock-redstone-sales-talks-skydance-1235959622/amp/
We got a sub from Paramount. It was so woke, we had to switch it off.
Showtime has nothing but woke content and garbage documentaries. The only thing that interests me on Paramount + is champions league soccer.