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Priced at US$6 but with a content value of over US$8.50 a month, Paramount+ is the best value streaming service in the United States, according to Ampere Analysis.

The new launch follows the arrival of the service in France on December 1st and establishes a year of global expansion as the service is now live in 45 markets.

Group turnover has increased strongly year on year over the past three years and is forecast to grow by 40% this year. Hours in production have increased by 20 percent over the last year with new clients, including ABC/Hulu, CBS/Paramount+, Netflix, and Discovery+.

ITV has signed a multi-year licensing deal with Paramount Global Content Distribution, allowing UK audiences to stream the likes of "Everybody Hates Chris" and "Freaks and Geeks" on ITVX for free in 2023 and beyond.

The platforms and broadcasters who secured deals with Abacus include ARTE1 in Brazil, Paramount, and Aquarius, and HOLA! TV.