As promised, Paramount+ will be more expensive on June 27

The streaming landscape continues to shift, and Paramount+ will be priced higher as it absorbs Showtime content starting June 27, 2023.

The price increase wasn’t unexpected — Chief Financial Officer Naveen Chopra said as much on the company’s third-quarter 2022 earnings call. “We absolutely see opportunities to increase the price of Paramount+,” Chopra said at the time in response to Deutsche Bank’s Brian Kraft. “And you’ll see us doing that in the future. I think it’s fair to say that prices are moving higher across the industry – you see that with a number of competing services, and we think that means that we have room to increase the price.”

Paramount Plus logo on an Apple TV.

The details: The ad-supported plan moves from $5 per month to $6 per month. The Premium plan — which also includes the ability to watch some shows in 4K resolution and download content for offline viewing — goes from $10 to $12.

highlights  The best shows on Disney Plus right now (September 2023)

And if you want to watch that Showtime content, you’ll have to snag the more expensive of the two plans.

The change really marks the end of Showtime as a stand-alone service. (It also kills the ad-free Paramount+ plan that didn’t include Showtime.) And the brand itself is going to become the more awkward “Paramount+ with Showtime” later this year.

It’s not quite as sweeping a change as HBO Max and Discovery combining to become the truncated (at least in name) Max service — Showtime has been part of the Paramount family for a long, long time. But it’s still a pretty big sea change when it comes to branding. Showtime was the CBS/Paramount answer to HBO (which has changed hands a few times in the last few years), but it never had the same kind of brand awareness or depth of shows, despite the occasional hit. So this is more of a traditional consolidation.

And it shouldn’t change the availability of Paramount+, which can be found on all major streaming platforms. The streaming service currently has around 60 million subscribers, with total global viewership up around 50% year over year.

highlights  NASA accidentally loses contact with legendary Voyager 2

Editor’s recommendations

Leave a Reply

Your email address will not be published. Required fields are marked *