Paramount (PARAA) - 2025 Q2 - Quarterly Results

Exhibit 99 PARAMOUNT REPORTS Q2 2025 EARNINGS RESULTS Continued Progress Transforming to a Streaming First Company with DTC Revenue Growth Outpacing Linear Declines DTC Continued Strong Momentum Driven by Consistent Performance at Paramount+ Powerful Slate of Hit TV Series, Films & Sports Fueled Strong Content Performance · Total Company Revenue Grew 1% Year-over-Year Affiliate & Subscription Revenue Growth Accelerated to 5%, Driven by Strong Growth in Paramount+ Subscription Revenue · Generated $159 millio ...