Uncategorized

New streaming service will be more expensive even before it is launched

Originally called CBS All Access, Paramount Global sought a more international start by renaming it Paramount+. The streaming service will soon also be available in Germany – but a higher fee awaits you in this country soon.

Paramount+ soon also in Germany, Austria and Switzerland

Germany can’t complain about a lack of streaming services, but Paramount Global also wants a foot in the door. That’s why Paramount+ is supposed to from December 8th in Germany, among other places be available.

The service currently costs EUR 7.99 per month, or EUR 79.99 for an annual subscription (equivalent to EUR 6.66 per month). However, the company will not keep this priceParamount Chief Financial Officer Naveen Chopra revealed during a earnings call for the third quarter (source: digital trends).

You definitely see possibilities to increase prices for Paramount+. “And you will see that we will do so in the future. I think it’s fair to say that prices are moving up across the industry – you’re seeing that across a number of competing services and we think that means we have room for price increases.” Chopra to Brian Kraft of Deutsche Bank.

Star Trek has a strong presence on Paramount+:

Star Trek: Picard | Final Season Sneak Peek | Paramount+

Paramount+: When to increase prices?

Paramount Global has not yet said when the increase will come and how much more customers will pay in the future. But one would think carefully about how and when the prices are increased. one will try as little customer churn as possible to reach.

Paramount+ also has a lot of competition in this country with Netflix and Co., but according to Chopra “the price increase should also take place with a view to the content”. The content is also important, after all, different streaming services have secured different licenses. Paramount+ highlights include numerous Star Trek squadrons.

Leave a Reply

Your email address will not be published.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