PARAMOUNT+ ESSENTIAL NOW AVAILABLE TO CHARTER'S SPECTRUM TV SELECT AND MI PLAN LATINO CUSTOMERS
Charter Communications (NASDAQ: CHTR) and Paramount Global (NASDAQ: PARA, PARAA) have announced that Paramount+ Essential, the ad-supported version of Paramount's streaming service, is now included at no extra cost in all Spectrum TV Select and Mi Plan Latino packages nationwide. This offering is part of a new multi-year distribution agreement between the companies.
Spectrum video customers can now access over 40,000 episodes of shows and movies, including popular original series and live sports on CBS. The service can be streamed through the Xumo Stream Box or any Paramount+ supported device. This partnership aims to provide greater value for Spectrum's video customers while creating new distribution opportunities for Paramount, contributing to a healthier video ecosystem.
Charter Communications (NASDAQ: CHTR) e Paramount Global (NASDAQ: PARA, PARAA) hanno annunciato che Paramount+ Essential, la versione supportata da pubblicità del servizio di streaming di Paramount, è ora inclusa senza costi aggiuntivi in tutti i pacchetti Spectrum TV Select e Mi Plan Latino a livello nazionale. Questa offerta fa parte di un nuovo accordo di distribuzione pluriennale tra le aziende.
I clienti di Spectrum video possono ora accedere a oltre 40.000 episodi di programmi e film, comprese popolari serie originali e sport dal vivo su CBS. Il servizio può essere trasmesso in streaming tramite la Xumo Stream Box o qualsiasi dispositivo supportato da Paramount+. Questa partnership mira a offrire un maggiore valore ai clienti video di Spectrum mentre crea nuove opportunità di distribuzione per Paramount, contribuendo a un ecosistema video più sano.
Charter Communications (NASDAQ: CHTR) y Paramount Global (NASDAQ: PARA, PARAA) han anunciado que Paramount+ Essential, la versión con anuncios del servicio de streaming de Paramount, ahora está incluida sin costo adicional en todos los paquetes Spectrum TV Select y Mi Plan Latino en todo el país. Esta oferta es parte de un nuevo acuerdo de distribución a varios años entre las empresas.
Los clientes de video de Spectrum ahora pueden acceder a más de 40,000 episodios de programas y películas, incluyendo series originales populares y deportes en vivo en CBS. El servicio se puede transmitir a través de la Xumo Stream Box o cualquier dispositivo compatible con Paramount+. Esta asociación tiene como objetivo proporcionar un mayor valor a los clientes de video de Spectrum, al mismo tiempo que crea nuevas oportunidades de distribución para Paramount, contribuyendo a un ecosistema de video más saludable.
차터 커뮤니케이션즈(NASDAQ: CHTR)와 파라마운트 글로벌(NASDAQ: PARA, PARAA)은 파라마운트+ 에센셜, 파라마운트의 광고 지원 스트리밍 서비스의 버전이 이제 추가 비용 없이 포함되어 있음을 발표했습니다. 이 서비스는 전국의 모든 스펙트럼 TV 선택 패키지와 미 플랜 라티노 패키지에 있습니다. 이 제안은 두 회사 간의 새로운 다년 유통 계약의 일환입니다.
스펙트럼 비디오 고객은 이제 40,000개 이상의 에피소드에 접근할 수 있으며, 인기 있는 오리지널 시리즈와 CBS의 라이브 스포츠를 포함합니다. 이 서비스는 Xumo 스트림 박스 또는 파라마운트+를 지원하는 모든 장치에서 스트리밍할 수 있습니다. 이 파트너십은 스펙트럼 비디오 고객에게 더 큰 가치를 제공하고 파라마운트의 새로운 배급 기회를 창출하여 건강한 비디오 생태계에 기여하는 것을 목표로 합니다.
Charter Communications (NASDAQ: CHTR) et Paramount Global (NASDAQ: PARA, PARAA) ont annoncé que Paramount+ Essential, la version financée par la publicité du service de streaming de Paramount, est maintenant inclus sans frais supplémentaires dans tous les forfaits Spectrum TV Select et Mi Plan Latino à l'échelle nationale. Cette offre fait partie d'un nouvel accord de distribution pluriannuel entre les entreprises.
Les clients vidéo de Spectrum peuvent désormais accéder à plus de 40 000 épisodes d'émissions et de films, y compris des séries originales populaires et des sports en direct sur CBS. Le service peut être diffusé en streaming via la Xumo Stream Box ou tout appareil compatible avec Paramount+. Ce partenariat vise à offrir plus de valeur aux clients vidéo de Spectrum tout en créant de nouvelles opportunités de distribution pour Paramount, contribuant ainsi à un écosystème vidéo plus sain.
Charter Communications (NASDAQ: CHTR) und Paramount Global (NASDAQ: PARA, PARAA) haben angekündigt, dass Paramount+ Essential, die werbefinanzierte Version des Streaming-Dienstes von Paramount, jetzt ohne zusätzliche Kosten in allen Spectrum TV Select und Mi Plan Latino Paketen landesweit enthalten ist. Dieses Angebot ist Teil eines neuen mehrjährigen Vertriebsvertrags zwischen den Unternehmen.
Spectrum Video-Kunden können jetzt auf über 40.000 Episoden von Shows und Filmen zugreifen, einschließlich beliebter Originalserien und Live-Sportübertragungen auf CBS. Der Dienst kann über die Xumo Stream Box oder jedes unterstützte Paramount+-Gerät gestreamt werden. Diese Partnerschaft zielt darauf ab, den Spectrum Video-Kunden einen größeren Mehrwert zu bieten und gleichzeitig neue Vertriebsmöglichkeiten für Paramount zu schaffen, was zu einem gesünderen Video-Ökosystem beiträgt.
- Inclusion of Paramount+ Essential at no additional cost for Spectrum TV Select and Mi Plan Latino customers
- Access to over 40,000 episodes of shows and movies, including popular original series
- Live sports content from CBS included in the offering
- New distribution opportunities for Paramount through the partnership
- Potential for increased customer retention and satisfaction for Charter
- None.
Insights
This partnership between Charter and Paramount represents a significant shift in the streaming landscape. By bundling Paramount+ Essential with Spectrum's TV packages, Charter is enhancing its value proposition to combat cord-cutting trends. This move could potentially slow subscriber losses for traditional cable services.
For Paramount, this deal expands its streaming reach significantly, potentially adding millions of new users to its platform. This could lead to increased ad revenue and improved negotiating power for content rights. However, it's worth noting that this is the ad-supported tier, which typically generates
Long-term, this type of bundling could become more common as cable providers and streaming services seek mutually beneficial partnerships to compete in an increasingly fragmented media landscape.
This strategic move could have positive financial implications for both Charter and Paramount. For Charter, including Paramount+ Essential at no extra cost may improve customer retention and potentially reduce churn rates. This could help stabilize revenue streams in the face of cord-cutting pressures.
For Paramount, this deal represents a significant expansion of its addressable market. While the immediate revenue impact may be due to the ad-supported nature of the service, the increased user base could drive long-term growth in advertising revenues. Additionally, there's potential for upselling these new users to premium, ad-free tiers in the future.
Investors should monitor key metrics like subscriber growth, engagement rates and ad revenue in upcoming quarterly reports to gauge the success of this partnership.
Ad-Supported Streaming Home to Live Sports on CBS and Top-Rated Original Shows "Tulsa King" and "SpongeBob SquarePants" Now Included for Spectrum Video Customers at No Extra Cost
"By including Paramount+ Essential with our Spectrum TV Select and Mi Plan Latino packages at no extra cost, we are continuing to provide greater value for our video customers," said Tom Montemagno, Executive Vice President, Programming Acquisition for Charter. "This partnership not only enhances the viewing experience with access to top-rated original content and live sports, but it also creates new distribution opportunities for Paramount and is a significant step towards building a healthier video ecosystem that benefits both our customers and the industry as a whole."
Paramount+ Essential provides streaming access to programming from CBS, America's most-watched network, in addition to hit shows and movies from some of the most popular brands in entertainment, including BET, Comedy Central, MTV, Nickelodeon and Paramount Pictures.
"Paramount and Charter have a long-shared commitment to deliver more ways for audiences to enjoy their favorite premium content as the media landscape continues to evolve," said Ray Hopkins, President of
Eligible Spectrum video customers can learn more and activate their Paramount+ Essential subscription at www.spectrum.com/ParamountPlusOnUs.
About Paramount
Paramount Global (NASDAQ: PARA, PARAA) is a leading global media, streaming and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic consumer brands, Paramount's portfolio includes CBS, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+ and Pluto TV. Paramount holds one of the industry's most extensive libraries of TV and film titles. In addition to offering innovative streaming services and digital video products, the company provides powerful capabilities in production, distribution, and advertising solutions.
For more information about Paramount, please visit www.paramount.com and follow @ParamountCo on social platforms.
PARA-IR
About Charter
Charter Communications, Inc. (NASDAQ: CHTR) is a leading broadband connectivity company and cable operator with services available to more than 57 million homes and businesses in 41 states through its Spectrum brand. Over an advanced communications network, the Company offers a full range of state-of-the-art residential and business services including Spectrum Internet®, TV, Mobile and Voice.
For small and medium-sized companies, Spectrum Business® delivers the same suite of broadband products and services coupled with special features and applications to enhance productivity, while for larger businesses and government entities, Spectrum Enterprise® provides highly customized, fiber-based solutions. Spectrum Reach® delivers tailored advertising and production for the modern media landscape. The Company also distributes award-winning news coverage and sports programming to its customers through Spectrum Networks. More information about Charter can be found at corporate.charter.com.
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SOURCE Charter Communications, Inc.
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