Earnings release
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VIACOMCBS EARNINGS PRESS RELEASE I November 4 , 2021 VIACOMCBS REPORTS Q3 2021 EARNINGS RESULTS ▪ ■ Total Company Revenue Increased 13 % Year - Over - Year , Reflecting Growth Across All Revenue Streams Quarterly Global Streaming Revenue Surpassed $ 1 Billion for the First Time , with Growth of 62 % Year - Over - Year , Driven by Strength in Subscriptions and Advertising - - Added 4.3M Global Streaming Subscribers to Reach Nearly 47M in the Quarter , and Achieved 79 % Year - Over Year Growth in Streaming Subscription Revenue Subscriber Acquisition and Consumption on Paramount + Fueled By a Diverse Global Content Offering , Including A Quiet Place Part II , Paw Patrol : The Movie , the Return of the NFL , and the New CBS Fall Season Generated 48 % Year - Over - Year Growth in Streaming Advertising Revenue , Largely Driven by Pluto TV , Which Grew Global Monthly Active Users ( MAUS ) to Over 54M and Revenue by 99 % Year - Over - Year Announced Broad Distribution Agreement with T - Mobile to Provide Its Customers with Paramount + STATEMENT FROM BOB BAKISH President & CEO Q3 2021 RESULTS * $ IN MILLIONS , EXCEPT PER SHARE AMOUNTS GAAP Revenue Advertising ** Affiliate ** Streaming Theatrical Licensing and other Operating income Diluted EPS from continuing operations attributable to ViacomCBS Viacom CBS continued to show tremendous momentum across the business as we executed against our strategy . We added 4.3M global streaming subscribers , raising our total to nearly 47M , driven by the scaling of the diverse content offering on Paramount + . Looking forward , we're thrilled about the fresh array of content coming to Paramount + in the next few months and can't wait to share it with our global audience . Our strategy is clearly working and we'll continue to use the power of global content , distribution and market expansion to drive scale . OCBS SHOWTIME nickelodeon Non - GAAP + Adjusted OIBDA $ Adjusted diluted EPS from continuing operations attributable to ViacomCBS $ V Three Months Ended September 30 2021 2020 B / ( W ) % 6,610 $ 5,837 13 % 1,855 1,828 1 % 2,102 2,059 2 % 1,079 666 62 % n / m 18 % 67 1,507 879 $ .69 $ 6 1,278 903 .92 ( 3 ) % ( 25 ) % COMEDY $ BE $ $ * Non - GAAP measures are detailed in the Supplemental Disclosures at the end of this release . * During the fourth quarter of 2020 , ViacomCBS entered into an agreement to sell Simon & Schuster , which was previously reported as the Publishing segment . Simon & Schuster has been presented as a discontinued operation in the company's consolidated financial statements for all periods . ** Excludes streaming revenue . n / m = not meaningful 1,020 $ .76 $ 1,052 .83 Paramount + ( 3 ) % ( 8 ) % pluto Simon & Schuster Nine Months Ended September 30 2021 B / ( W ) % 2020 $ 20,586 $ 18,411 12 % 6,633 5,733 16 % 6,284 5,956 6 % 2,878 1,673 72 % 202 176 15 % 4,873 ( 6 ) % 4,589 3,633 $ 3.62 $ 2.47 $ $ 3,056 19 % 47 % $ 3,887 $ 3,949 $ 3.23 $ 3.16 5 telefe ( 2 ) % 2 % colors