Paramount+ And Showtime To Merge Streaming Apps

Topline

Paramount+ and Showtime announced Wednesday the two streaming services would be combined into one app, after Netflix, Disney, HBO Max and Discovery+ have all announced major changes to their platforms.

In this photo illustration, Paramount+ logo is seen on a smartphone against its website in the … [+] background.

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Key Facts

Showtime’s streaming service will be merged into the Paramount+ app starting on Wednesday.

They will be offered as a bundle at a discounted price until October 2: $7.99 a month for the “essential” plan, with ads, and $12.99 a month for the “premium” plan, without ads and allows for mobile downloads of content.

After that, prices will increase to $11.99 and $14.99 a month, respectively.

Paramount+ currently costs $4.99 a month.

Showtime will still be available as a standalone service through other distributors for $10.99 a month.

Key Background

After Netflix lost subscribers for the first time in a decade earlier this year, it announced it would launch a cheaper, ad-supported pricing tier, which could be rolled out by the end of 2022. Disney+ announced this month it would also launch a cheaper version of its platform with ads in December. Warner Bros. Discovery announced this month it plans to combine its two streaming services, HBO Max and Discovery+, into one platform next year.

Further Reading

Netflix Partners With Microsoft For Ad-Supported Service Amid Subscriber Losses (Forbes)

Disney+ Launching Cheaper Ad-Supported Tier In December (Forbes)

HBO Max And Discovery+ Will Combine Into One Streaming Service (Forbes)

Netflix Loses Subscribers For The First Time In Ten Years, Shares Plunge 35% (Forbes)

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