How Much Is Paramount+ and Is It Worth It?

bbernard /

Paramount+ is a streaming service offered by Paramount Streaming, a division of Paramount Global. The service began as CBS All Access, which in 2021 was rebranded as Paramount+. The rebranding was meant to better reflect its expanded content lineup after the merger of Viacom and CBS in 2019.

The addition of new content may make the service compelling for some viewers. In November 2021, for instance, it was announced that “Star Trek: Discovery” would no longer stream on Netflix outside of the U.S. and Canada and would instead stream on Paramount+. Other big names that are available on Paramount+ include a Halo TV series, which debuted last month, and two “South Park” specials, both of which premiered in late 2021.

In addition to its on-demand content library, Paramount+ also includes live broadcasts of sports and news.

How Much Does Paramount+ Cost?

Paramount+ currently offers two plans: Essential and Premium. Essential costs $4.99 per month or $49.99 per year. Meanwhile, Premium costs $9.99 per month or $99.99 per year.

Essential is a basic plan that doesn’t include your local live CBS station. It does, however, include NFL on CBS and UEFA Champions League, available on separate live feeds.

Make Your Money Work for You

Premium is Paramount+’s upgraded plan and was previously known as Commercial Free. As the old name suggests, this tier lets viewers stream ad-free — that doesn’t change with the renaming to Premium. That said, it won’t remove ads from live broadcasts.

There was previously a plan called Limited Commercials, but that has been discontinued; only Essentials and Premium remain.

Subscribers also have the option to save money by bundling Paramount+ with Showtime. The Essential plan with Showtime is $11.99 per month or $119.99 per year, and the Premium plan with Showtime is $14.99 per month or $149.99 per year. As a separate monthly subscription, Showtime costs $10.99 per month.

Paramount+ currently offers a seven-day free trial, which you can cancel at any time.

What Content Is Available on Paramount+?

Paramount+ has an extensive content library that includes content from brands such as Nickelodeon, MTV, BET, Comedy Central, CBS and the Smithsonian Channel. You also gain access to certain live news and sports programming, depending on the plan you select.

Make Your Money Work for You

According to Paramount+, the low-cost Essential plan includes 30,000-plus episodes and movies on demand. It also lets you stream with limited commercials plus gives you access to Paramount+ originals. Plus, it includes live streaming of NFL on CBS and UEFA Champions League in addition to national news.

The Premium plan includes everything from Essential plus additional content. The upgraded plan adds live streaming of additional soccer leagues, PGA golf and NCAA basketball. It also includes local CBS broadcasting, which is missing from the Essential plan. Lastly, it lets you download TV and movies for offline viewing at any time.

Paramount+ Streaming Library

Paramount+’s streaming library includes quite a bit of content. Notable features include “Star Trek: Discovery” and the “South Park” specials mentioned previously — “South Park: Post COVID,” which premiered in November 2021, and “South Park: Post COVID: The Return of COVID,” which debuted in December 2021. And the Halo TV series premiered on the platform on March 24.

Those are just some of the highlights, though. The platform offers revivals of titles such as “iCarly,” “Behind the Music” and “The Game.” Plans for a “Frasier” revival were also announced in February 2021. There are also “1883” and “6666” — the former being a prequel to “Yellowstone” that is available for streaming now, while the latter is a spinoff of it that is currently in development. Other highlights include “Picard” and “RuPaul’s Drag Race.”

Make Your Money Work for You

On Feb. 15, Paramount unveiled a slew of new content that will be coming to the platform. Here are some of the big names:

  • Sonic the Hedgehog: This will be a live-action Sonic series. It will feature Knuckles from the Sonic series, which will be voiced by Idris Elba.
  • SpongeBob SquarePants: Three brand-new SpongeBob movies are coming to Paramount+, beginning in 2023.
  • Star Trek: A new “Star Trek” movie is coming to theaters; it will be available on Paramount+ sometime thereafter.
  • Teenage Mutant Ninja Turtles: There will be a new TMNT movie in 2023, which will be a new animated take on the series.
  • Transformers: “Transformers: Rise of the Beasts” will arrive in 2023 and will be the first of three films based on the series. In addition, an animated “Transformers” movie will arrive in July 2024.

Good To Know

One of the most popular Paramount shows is the drama “Yellowstone” starring Kevin Costner. If you want to sign up for Paramount+ to watch it, you should know that the show isn’t currently available on the platform due to streaming rights.

Compatible Devices

Paramount+ is supported on a large number of devices. Viewing options include watching it on your computer, Apple TV, iPhone and Android, Chromecast, Roku, console devices and more. Paramount has gone to great lengths here to ensure that all of the common devices are supported.

Is Paramount+ Worth It?

The answer to this question largely hinges on whether you consider the titles on the platform to be must-haves. The price for the Essential plan is within reason, but Paramount+ is also lacking an original, flagship program that will bring people in. Think Disney+ with “The Mandalorian” and Apple TV+ with “Ted Lasso.”

Paramount+ mostly relies on its existing library of content plus revivals and reboots of older shows. It does have several originals in its library, but there aren’t any that are considered must-watch shows.

Thus, for many viewers, Paramount+ may not be worth it unless you are a die-hard fan of shows like “Star Trek: Discovery,” or perhaps you are excited to see the Halo TV series.

However, Paramount+ does include a good selection of live sports and news. Premium adds even more live sports, plus local CBS news coverage.

The best way to determine whether Paramount+ is worth it may be to take advantage of the seven-day free trial. If you don’t feel it has enough content for you to justify the cost, you can always cancel before the end of the trial.

Paramount+ FAQ

Here are the answers to some commonly asked questions about Paramount+.
  • Is Paramount+ free with Amazon Prime?
    • Paramount+ is not free with Amazon Prime, but you can add it to Prime Video as a channel. However, you will still have to pay the full cost for the Paramount+ subscription, and only the Premium plan is available as an option on Prime Video.
  • What's the difference between Paramount and Paramount+?
    • Paramount+ is a streaming service that includes content from Paramount's content library. However, that is different from Paramount Network, which you can find on live TV streaming services.
  • Does Paramount+ have all Paramount movies?
    • Not yet — but Paramount+ says that beginning in 2024, all new Paramount Pictures movies will be available for streaming on Paramount+ once they are no longer being shown in theaters.

Share this article:

Make Your Money Work for You

About the Author

Bob Haegele is a personal finance writer who specializes in topics such as investing, banking and credit cards. He left his day job in 2019 to pursue his passion for helping people get out of debt and build wealth. You can find his work at outlets such as Business Insider, Forbes Advisor and SoFi.
Learn More

Best Bank Accounts for October 2022

Untitled design (1)
Close popup The GBR Closer icon

Sending you timely financial stories that you can bank on.

Sign up for our daily newsletter for the latest financial news and trending topics.

Please enter an email.
Please enter a valid email address.
There was an unknown error. Please try again later.

For our full Privacy Policy, click here.