Paramount Global is a media and entertainment company that operates a diverse portfolio of well-known brands and franchises across various platforms
The company engages in the creation, production, and distribution of a wide range of content, including television shows, films, and digital media, catering to audiences worldwide. With its extensive library and a robust presence in both traditional and streaming services, Paramount Global leverages its intellectual property to connect with consumers through engaging storytelling, innovative experiences, and strategic partnerships, all while continuously adapting to the evolving media landscape.
Paramount Global reported weaker-than-expected earnings, highlighting the challenges of its transition to streaming amid declining traditional media segments.
Paramount Global (PARA) reports lower-than-expected Q4 revenue, but adds 5.6M subscribers and plans for long-term growth. Guggenheim rates BUY with $14 target, Needham maintains HOLD.
Multinational media and entertainment corporation Paramount (NASDAQPARA) fell short of the market’s revenue expectations in Q4 CY2024 as sales rose 4.5% year on year to $7.98 billion. Its non-GAAP loss of $0.11 per share was significantly below analysts’ consensus estimates.
Paramount Global expects Paramount+ subscriber growth to slow in Q1 2025, as the Super Bowl-driven surge fades and the company shifts focus to sustaining momentum through original content and international expansion.
Multinational media and entertainment corporation Paramount (NASDAQPARA)
will be announcing earnings results tomorrow after market close. Here’s what to look for.
Paramount+ and EverPass Media (“EverPass”), a media platform dedicated to commercial businesses, today announced a multi-year distribution agreement allowing EverPass customers to stream all of CBS Sports’ UEFA Champions League matches, that stream on Paramount+, starting on Tuesday, February 18, 2025.
Netflix Inc (NASDAQNFLX) is considering bidding for U.S. live broadcasting rights for Formula One, set to start in 2026. ESPN, currently holding the rights, will end its deal after 2025.
Elon Musk teased a new show called "69 Minutes" and pledged to fund it, just as President Donald Trump ramped up his attacks on CBS's "60 Minutes," accusing the network of deceiving the public and filing a $10 billion lawsuit against it.
In late October, Project Rise Partners released an open letter to Paramount shareholders about the $13.5 billion all-cash offer it made after the ‘Go-Shop’ period e
Netflix's record-breaking Q4 performance, driven by live sports, original content like Squid Game 2, and a 14% price hike with minimal attrition, resulted in 18.9 million new subscribers and exceeded revenue expectations.
