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Recode Daily

When the free streaming trials end

Recode Daily

Recode

Society & Culture, Science, Technology

4.61.3K Ratings

🗓️ 9 March 2021

⏱️ 6 minutes

🧾️ Download transcript

Summary

Paramount+ launched last week, becoming the latest platform to join the crowded pool of streaming services. But even with more options to choose from, users are paying for fewer of them: With streaming options at an all-time high, US consumers only pay for an average of 1.25 services. Today on Recode Daily, we dig into Paramount+ and what this new platform means for the streaming wars. References Read Rani’s story about Paramount+ and the streaming wars Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

The streaming wars are about to get even bigger.

0:09.0

Last week ViacomCBS launched a new service called Paramount Plus.

0:15.0

That joins Netflix and Hulu and Disney Plus and HBO Max and more I can't even name right

0:18.8

now in competing for your subscription dollars.

0:22.3

And as this market gets more and more crowded, the big media companies are running into a

0:27.2

unique problem.

0:28.8

The average US consumer isn't really going to pay for five or six of these.

0:34.3

Recoode's Ronnie Mola has been digging into some of the data on this and is here to tell

0:37.4

us what it all means.

0:38.4

Hey Ronnie.

0:39.4

Hey Teddy.

0:40.4

So quickly Paramount Plus is this just another, you know, entree and a menu of options or

0:45.8

what is, where do they fit into the wars here?

0:48.4

Yeah, they've got a bunch of classic TV shows, movies, a lot of really nostalgic things

0:55.1

that got reboots of stuff.

0:56.1

He didn't really know you want a reboot of Frazier.

0:59.0

Hey baby, I hear the blues a call in tall salads and scrambled eggs.

1:04.4

I guess you could get some early access to some Hollywood movies.

1:08.0

And obviously Netflix is the dominant player in this and, you know, they've been doing this

1:11.2

for way longer.

1:12.2

CBS is definitely coming late.

1:13.9

Right.

...

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