Paramount Skydance, owner of Network 10 and Paramount+, plans to increase subscription prices in Australia in the first quarter of 2026, according to a recent shareholder letter.

The announcement comes as the company reports its first earnings since Skydance’s acquisition of Paramount. In the last quarter, Paramount+ revenues grew 24%, driven by the company’s ongoing investment in its direct-to-consumer (DTC) business. Management emphasized that content remains its top priority.

The new leadership team has quickly reorganized Paramount’s streaming operations to achieve “greater alignment between our global and regional teams.” According to the company, the restructure allows faster decision-making, more agile execution, and a unified content and distribution strategy across all markets.

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