NEW PARAMOUNT+ WITH SHOWTIME(R) BUNDLE EXPERIENCE LAUNCHES TODAY

New Offering Brings Paramount+ and SHOWTIME in One Place for the First Time in the U.S.

Special Pricing Available for Just $7.99/Month for the Essential Plan and $12.99/Month for the Premium Plan

NEW YORK - August 31, 2022 - Starting today, Paramount+ is offering a new bundle that brings the service's expansive library of original series, hit shows and popular movies for the whole family together with the SHOWTIME service's premium portfolio of critically acclaimed and boundary-pushing programming, all within the Paramount+ app. The Paramount+ with SHOWTIME bundle is available to U.S. subscribers at a special, limited time price of $7.99 per month for the Essential Plan and $12.99 per month for the Premium Plan.

This all-new product experience, which is available for purchase across platforms, allows for seamless sign-up and easier discovery of programming from Paramount+ and SHOWTIME, all within the Paramount+ app. Subscribers who opt into the new bundle will have access to the full SHOWTIME service featuring award-winning original series, provocative documentaries, box-office hit films, comedy and music specials and live hard-hitting combat sports.

"The Paramount+ with SHOWTIME bundle offers consumers unprecedented value by providing one of the broadest content libraries in streaming at one of the lowest prices in the marketplace," said Tom Ryan, president and chief executive officer of Paramount Global Streaming. "This singular user experience streamlines sign-up and enhances discovery, and this lower price will allow more households to enjoy this exceptional combined entertainment offering."

Available as a simple in-app upgrade, bundle subscribers can now effortlessly curate their watch list to include both Paramount+ and SHOWTIME programming, from Paramount+ favorites like 1883, HALO, STAR TREK: DISCOVERY and SECRET HEADQUARTERS to SHOWTIME hits like BILLIONS, YELLOWJACKETS, THE CHI, DEXTER: NEW BLOOD and more. This fall, bundle subscribers will also be treated to new Paramount+ originals, such as TULSA KING, ON THE COME UP, CRIMINAL MINDS, WOLF PACK, 1923 and the return of THE GOOD FIGHT, SEAL TEAM and THE NFL ON CBS, as well as highly anticipated SHOWTIME series AMERICAN GIGOLO, LET THE RIGHT ONE IN, and the return of YOUR HONOR and THE L WORD: GENERATION Q.

Following the special introductory pricing, which is available through Oct. 2, the bundle will be available for $11.99 for the Essential tier or $14.99 for the ad-free Premium tier. The ad-supported Essential Plan combines marquee sports, including NFL games and more than 2,000 soccer matches each year, with on-demand entertainment options spanning the full suite of current and upcoming shows and movies, as well as breaking news through CBS News Network. The Premium Plan features commercial-free, on-demand entertainment with 4K, HDR and Dolby Vision and mobile downloads; an extended roster of must-watch sports; and live streams of local affiliates in over 200 markets across the U.S. The SHOWTIME service with its unparalleled roster of hit original content, live sports and theatrical films, will be commercial-free for both Paramount+ plans.

The new Paramount+ with SHOWTIME experience will begin rolling out across platforms today. In addition to the Paramount+ with SHOWTIME bundle, SHOWTIME will continue to be available separately for $10.99 as a standalone service and through other third-party distributors.

Check out the Paramount+ with SHOWTIME Bundle promo here and download images at www.paramountpressexpress.com/paramount-plus.

About Paramount+

Paramount+, a direct-to-consumer digital subscription video on-demand and live streaming service, combines live sports, breaking news and a mountain of entertainment. The premium streaming service features an expansive library of original series, hit shows and popular movies across every genre from world-renowned brands and production studios, including BET, CBS, Comedy Central, MTV, Nickelodeon, Paramount Pictures and the Smithsonian Channel. The service is also the streaming home to unmatched sports programming, including every CBS Sports event, from golf to football to basketball and more, plus exclusive streaming rights for major sports properties, including some of the world's biggest and most popular soccer leagues. Paramount+ also enables subscribers to stream local CBS stations live across the U.S. in addition to the ability to stream CBS News Streaming Network for 24/7 news, CBS Sports HQ for sports news and analysis and ET Live for entertainment coverage. For more information about Paramount+, please visit www.paramountplus.com and follow @ParamountPlus on social platforms.

About Showtime Networks

Showtime Networks Inc. (SNI), a wholly owned subsidiary of Paramount, owns and operates the premium service SHOWTIME(R), which features critically acclaimed original series, provocative documentaries, box-office hit films, comedy and music specials and hard-hitting sports. SHOWTIME is available as a stand-alone streaming service across all major streaming devices and Showtime.com, as well as via cable, DBS, telco and streaming video providers. SNI also operates the premium services THE MOVIE CHANNEL(TM) and FLIX(R), as well as on demand versions of all three brands. SNI markets and distributes sports and entertainment events for exhibition to subscribers on a pay-per-view basis through SHOWTIME PPV(R). For more information, go to www.SHO.com.