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ViacomCBS Reports Q3 Domestic Streaming Subs Grew 72% From Last Year
Nov 10 2020
ViacomCBS performed well above Wall Street's Q3 earnings estimate and due to a number of reasons. The company cites domestic streaming subscriptions (CBS All Access, Showtime) rose 72% from last year, as well as higher monthly users on its ad supported streaming service Pluto TV. With Paramount Plus slated to release in 2021, the question remains: can the company keep its momentum?
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