ViacomCBS touts 'Paramount+' to investors after mixed earnings

By Helen Coster and Eva Mathews (Reuters) – ViacomCBS Inc said on Wednesday it expects to reach as many as 75 million global streaming subscribers by the end of 2024, with global streaming revenue to rise to more than $7 billion by that time. “This is a ViacomCBS that is being reimagined for a new kind of marketplace and a new kind of consumer,” said Chair Shari Redstone. In a presentation to investors after releasing fourth-quarter results, the company laid out plans for its Paramount+ streaming service. The home to MTV, Nickelodeon and Showtime is launching the service – an expanded version …

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