The difference between Paramount+ and these channels and streaming services lies mostly in their ownership and content. Paramount+: Owned by Paramount Global. Features content from Paramount Pictures, CBS, MTV, Nickelodeon, and more. MGM+: Owned by MGM. Offers films and TV shows from the MGM library. Showtime: Now owned by a mass media division of Paramount Global. Known for its original series, movies, and documentaries. Paramount+ offers a plan with Showtime included that you can try free for 7 days. Peacock TV: Owned by NBCUniversal. Showcases content from NBC, Universal Pictures, and other NBCUniversal properties. Each platform provides its distinct content, with Paramount+ and Showtime sharing some overlap due to their shared parent company.