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ViacomCBS Q1 Profit Surges on Super Bowl and 6 Million New Streaming Subscribers

ViacomCBS said first-quarter profit surged as the company enjoyed the benefits of ad sales associated with Super Bowl LV and lured 6 million new subscribers to streaming outlets such as Paramount Plus. The New York owner of CBS, Showtime and Nickelodeon said revenue increased 14% to $7.41 billion, up from nearly $6.5 billion in the […]

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