PARA

Paramount to launch ad-supported streaming plans in Canada and Australia

Adds details on ad-supported plan in Canada and Australia

March 19 (Reuters) - Paramount Global PARA.O said on Tuesday it would launch an ad-supported subscription plan across Canada and Australia.

The plan will be rolled out in Canada at C$6.99 ($5.14) in April and at A$6.99 ($4.56) in Australia in June.

Paramount will also expand its premium offering through Europe, starting with France this month. In France, the premium plan will be priced at 10.99 euros ($11.93) per month, the company said.

($1 = 1.3605 Canadian dollars)

($1 = 1.5344 Australian dollars)

($1 = 0.9213 euros)

(Reporting by Arsheeya Bajwa in Bengaluru; Editing by Shilpi Majumdar)

((ArsheeyaSingh.Bajwa@thomsonreuters.com; +91 8510015800;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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