Paramount adds 2M streaming subs in Q2, earnings still dip as cord-cutting continues

As such, revenue for Paramount’s streaming business rose nine percent to $2.5 billion, with revenue for Paramount+ alone seeing a 16 percent surge. But despite the positive news on the streaming front, Paramount’s net earnings fell to $41 million, down from $57 million in Q2 2025. Paramount’s latest financial report coincided with a major development in its ongoing regulatory effort to finalize a merger with Warner Bros. In just under two months, Paramount will begin paying Warner Bros. The company would owe Warner Bros.