Paramount Global beat Wall Street expectations for the second quarter, reporting adjusted earnings of 46 cents per share on $6.85 billion in revenue, according to Reuters. The company said subscription revenue growth and price increases at Paramount+ helped boost overall affiliate and subscription revenue. Paramount+ lost 1.3 million subscribers in the quarter, primarily due to the expiration of a bundle deal in Europe. Viewership gains from the drama MobLand and box office success with Mission: Impossible – The Final Reckoning contributed to the performance. The company’s $8.4 billion sale to Skydance Media is on track to close by August 7th, following final U.S. regulatory approval. Shares rose 0.2 in after-hours trading.