Paramount Global Charts Path to Profitability Amid Streaming Growth

Paramount Global is charting a course toward profitability, with its Q4 2025 earnings report highlighting positive momentum from its streaming platforms, including Paramount+ and its FAST channel offerings like Pluto TV. This growth provides a counterbalance to the ongoing declines in the company's core linear television business.

Under the leadership of CEO David Ellison, whose Skydance Media acquired Paramount Global last August, the company is implementing a revitalization plan. This strategy includes a significant investment in engineering talent, aiming to "10x" the current headcount to spearhead technological transformations and improve operational efficiencies at the historic studio.

Paramount Pictures anticipates a challenging year in 2026 for its film division, with projected revenue decline. However, the studio plans to release sixteen theatrical films, a substantial increase from the eight released in 2025, alongside improved cost management and licensing deals to boost profitability.

Paramount's commitment to the FAST (Free Ad-Supported Streaming TV) sector, particularly through its Pluto TV platform, remains strong. Despite monetization challenges, engagement is growing, and the company plans to increase investment in content and product development for Pluto TV.

Regarding its lucrative NFL broadcasting rights, Paramount is confident in its continued partnership with the league. While the NFL has the option to renegotiate deals starting in 2029, Paramount believes its CBS network's regionalization capabilities and extensive reach are crucial to the NFL's strategy.