NEW YORK—With streaming corporations seeing their shares rally on Wall Street, Paramount Global appeared to verify investor confidence in the way forward for the streaming trade by reporting wholesome subscriber progress and decreased losses in its streaming operations. In its Q3 2023 earnings report, Paramount reported that its Paramount+ streaming service added 2.7 million internet subs for greater than 63 million globally. Management additionally mentioned that Paramount continues to progress on the trail to streaming scale and profitability and that its direct-to-consumer (DTC) phase stays on observe to drive important earnings enchancment in 2024."Q3 was one more important step in our constructing of a scaled, worthwhile streaming enterprise," president and CEO Bob Bakish mentioned in a name with analysts.