Earlier today ViacomCBS has confirmed the pricing for Paramount+, the new streaming service replacing CBS All Access. The new streaming service which promises a "mountain of entertainment" is priced at $9.99 per month in the US with a cheaper ad supported on-demand only tier launching in June for $4.99 per month.

Alongside a slick rebrand comes a substantial expansion of the streaming service's on-demand lineup whilst maintaining access to live CBS networks and sports content. The streaming service will include programs from CBS, BET, Comedy Central, Nickelodeon, MTV, and The Smithsonian Channel alongside new original programming and movies 30-45 days after their theatrical debut.

Paramount+ will include more than 30,000 episodes, 2,500 movie titles at launch with the promise of over 50 original series to premiere over the next two years including reboots of old favourites like Frasier with Kelsey Grammar reprising his award-winning role, Mike Judge animation Beavis and Butthead, Rugrats, Criminal Minds and 90's reality TV pioneer The Real World.

New series coming to the service include Halo, iCarly, Grease: Rise of the Pink Ladies, alongside shows from the Avatar, Star Trek, and SpongeBob SquarePants universe, and more.

Paramount+ will replace CBS All Access with subscribers automatically switched over to a comparable tier on the new service. CBS All Access subscriptions routed through Apple TV Channels need not worry as they to will receive access to Paramount+ in a promised seamless transition.

You can currently get 50% off a one-year subscription to Paramount+ if you sign up to CBS All Access before March 4th. To receive the discount enter the code "PARAMOUNTPLUS" at checkout following sign up.