Viacom CBS to launch Paramount by 2022


The media company announced it will launch Paramount by Sky in 2022 in the United Kingdom, Ireland, Italy, Germany, Switzerland and Austria.

Streaming revenue at ViacomCBS also resumed 92% year on year, on the back of a recovery in advertising as live sports grew aussi.

Revenue rose 8% to $6.56 billion in the second quarter ended June 30, beating estimated revenues of $6.48 billion according to IBES data from Refinitiv.