Paramount Global highlighted the growth of streaming and theatrical performance Mission: Impossible – Final calculation We will report the final set of quarterly financial results before the merger with SkyDance closes.
The studio owner said the consumer sector increased revenue by 15% in the second quarter of 2025, increasing profits from $26 million in the second quarter last year to $157 million.
The company’s flagship Paramount+ streaming service ended the quarter with 1.3 million subscribers with 77.7m more subscribers than the quarter due to the expiration of international bundle transactions. However, service revenues increased 23% thanks to year-over-year subscriber growth and price growth.
Filmed entertainment revenues rose 2% to $690 million, while theater revenues rose 84% to $254 million, reflecting the latest total of $592 million. Mission: Impossible Features.
Total Paramount Global revenue rose 1% to $6.855 billion. Overall operating income was $399 million (compared to a loss of $5.31 billion in the second quarter of 2024 due to “goodwill impairment charges” in our cable network).
SkyDance’s deal was expected to close on August 7th after several controversies over its deal with US regulators, so Paramount Global Executive issued a prepared statement, but did not question the conference call after the announcement of its second quarter results.
Non-executive Chairman Shari Redstone recalled the “king” philosophy of his late father and company builder Sumner Redstone. It “still remains a reality for our business and industry. It is a reality that we understand. I am confident that the vision of our business and the technology and resources they bring can build bears.
Co-CEO CEO Chris McCarthy, who is expected to leave the company after a Skydance deal, said the direct consumer growth driven by Paramount+’s “exceptional performance” is “in a practically better position to thrive in the future of streaming.”
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