As Paramount Global's long merger and acquisition saga moves closer to (perhaps?) a resolution, it remains uncertain how the media conglomerate's assets will fare under the eventual buyer.
Is Paramount+ shutting down?
The proposed deal with Skydance Media would keep the company intact, at least in the short term. But after Skydance CEO David Ellison took control of Paramount, he would still face tough choices about how to best lead the troubled media giant into the future.
And one of the most pressing choices would be what to do with the company's main streamer, Paramount+.
The platform formerly known as CBS All Access has always occupied a curious place in the SVOD landscape. Paramount+ has always seemed to teeter on the edge of genuine success, frequently ranking first among major SVODs in quarterly gross U.S. subscriber additions, according to Antenna data.
