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Paramount+ to Raise Subscription Price of Essential and Premium Tiers After Weak Quarterly Revenue

Paramount Global said on Thursday it would raise prices of its flagship streaming service in some markets after reporting a lower-than-expected quarterly revenue, as a broader slump in the advertising market hit the CBS network owner. Shares in the company fell 7 percent before the bell. The stock has gained about 45 percent since the start of 2023 to Wednesday's c...

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