Paramount+ & Showtime Streaming Bundle Pricing Set at $11.99 a Month, Bigger Discounts for Annual Bundles

ViacomCBS has settled on pricing for the streaming bundle that will let you get Paramount Plus and Showtime with a substantial savings. The company offers two streaming bundles: The Paramount+ Essentials and Showtime Bundle is $11.99 a month. The Paramount+ Premium Ad-Free Plan is $14.99 a month.

For the last six weeks, they had offered a limited time discount on the bundle that priced it at $9.99 a month with ads and $12.99 a month ad-free.

Purchasing an annual plan for the two plans gives an even deeper discount for the bundles: the Paramount+ Essentials and Showtime Bundle is available for $119.99 per year (that’s $10/month), while the Paramount+ Premium Ad-Free Plan is available for $149.99 per year ($12.50/month) — similar to the earlier offer.

All of the plans include a one-week free trial for new subscribers.

Paramount+Showtime Bundle Pricing

Monthly Bundles

• Paramount+ Essential ($4.99) & Showtime ($10.99): $11.99 (normally $15.98)
• Paramount+ Premium Ad-Free ($9.99) & Showtime ($10.99): $14.99 (normally $20.98)

Annual Bundles
(Save 16% Off the Monthly Price)

• Paramount+ Essential & Showtime: $111.99
• Paramount+ Premium Ad-Free & Showtime: $149.99

What is the Difference Between Essential and Premium?

The Paramount+ Essential service provides:

• Tens of thousands of episodes & movies
• NFL on CBS & top soccer
• Limited ads
• 24/7 live news with CBSN
• SHOWTIME originals, movies & sports

The Paramount+ Premium service offers:

• Tens of thousands of episodes & movies
• NFL on CBS, top soccer & more sports
• No ads except live TV & a few shows
• 24/7 live news with CBSN
• SHOWTIME originals, movies & sports
• Your local CBS station live
• Download your shows to watch later

Subscribers were offered discounted introductory pricing through Oct. 20. This offer solidifies the pricing for the bundle, while keeping a substantial discount over the regular price for the services if purchased separately.

“This powerhouse bundle gives us the opportunity to connect ViacomCBS’ diverse and differentiated cross-genre content slate with even more consumers,” said Tom Ryan, President and Chief Executive Officer, ViacomCBS Streaming when the introductory plan was first unveiled. “Paramount+ and SHOWTIME are both experiencing tremendous growth and momentum, and we expect this competitively priced bundle to only further expand the reach of both services.”

Last year, ViacomCBS launched a deal that allowed Apple TV+ subscribers ($4.99 a month) to receive Paramount+ Ad-Free ($9.99) and Showtime ($10.99) for just $9.99 a month. However, they discontinued that offer to new subscribers in February.

In September, ViacomCBS Executive Vice President and CFO Naveen Chopra, speaking at a Bank of America Securities conference on the potential for the bundle, “We’ve sort of built our streaming strategy around the notion of a streaming ecosystem that has a free, pay and premium component to it,” Chopra said, referring to the company’s three primary streaming products — Pluto TV, Paramount+, and Showtime.

Chopra said the strategy gives the company the opportunity to cross-pollinate between the three services, while at the same time serving the broadest base of potential consumers.

“We’ve got a Paramount Plus-Showtime bundle that we’ll be launching later this month,” he said. “I think we found interesting ways to create value out of that ecosystem by sampling; by doing promotions; by creating bundles across those different services.”

“We really like what we can do from a marketing and an acquisition perspective with that portfolio,” Chopra said, referring to the three streaming platforms. “Having all three services does unlock incremental value.”