Paramount Q3: Streaming Gains, Operating Income Declines
Paramount Global (NASDAQ: PARA) reported Q3 revenue of $6.73 billion, missing estimates. DTC revenue increased 10%, Paramount+ gained 3.5M subscribers.
Paramount Global Q3 Profit Declines, Stock Down
Friday reported a decline in third-quarter earnings, primarily due to a decline in revenue, as well as higher restructuring and transaction-related expenses. Earnings stood at $1 million or $0.00 per share compared to $295 million or $0.
Paramount Global beats profit estimates on streaming growth, cost cuts
(Reuters) -Paramount Global surpassed quarterly profit estimates on Friday as the media giant benefited from cost controls and stronger-than-expected growth in streaming subscribers after the return of NFL.
Paramount Gains Streaming Subscribers But Film, TV Sales Drag
Paramount Global, the parent of CBS, MTV and its namesake Hollywood movie studio, reported big gains in streaming subscribers in the third quarter, but overall sales were weaker than expected due to declines in TV and film revenue.
Paramount Global Adds 3.5 Million Streaming Subscribers in Q3 Bruised by TV, Movie Declines
Paramount Global added 3.5 million new subscribers to broadband services like Paramount+ in its third quarter, but those gains failed to offset meaningful declines in its larger TV and film businesses.
Paramount Global grows streaming subscribers despite revenue dip
Overall revenue dropped 6% at Paramount to $6.73 billion in the three months ended Sept. 30, missing analysts’ forecasts of $6.95 billion. Adjusted earnings per share from continuing operations were 49 cents,
Grey Seal Media Hires Former Paramount Pictures Exec Sara Durante & Lawyer Mair Williams
EXCLUSIVE: Grey Seal Media, the UK-based consultancy whose clients include A24 and Anonymous Content, has made a pair of ...
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‘Yellowstone' Ratings: First Episode Without Kevin Costner Scores Show's Biggest Premiere Night Audience Ever, Paramount Says
The return of "Yellowstone" on Sunday delivered the show's biggest premiere night audience ever, Paramount said on Tuesday.
Paramount: Skydance Merger Set To Unlock Hidden Asset Value
Paramount’s undervalued assets could unlock significant upside. See why PARA stock is a strong pick for those looking for ...
Paramount Global Streams New Subscribers
Paramount Global delivered better-than-expected earnings in Q3 2024, driven by strong streaming growth, despite challenges in ...
Behind the Warner Bros. Discovery-Paramount deal that never was
David Zaslav wanted to run Paramount. David Ellison is getting it instead. We now know a lot of the backstory on how that ...
Los Angeles Daily News16h
Fatal shooting in Paramount investigated
PARAMOUNT — A man was shot to death Monday morning in Paramount, authorities said. The shooting occurred at 4:15 a.m. at ...
The Express Tribune7d
Paramount releases ‘Smile 2’ clip for free — but only if viewers hold a smile for seven minutes
Paramount offers a free preview of ‘Smile 2,’ requiring users to maintain a seven-minute smile through webcam.
The Paramount-Nielsen Contract Impasse Is In Its Second Month
The Paramount Global and Nielsen impasse is now in the second month. With multicurrency options, the standstill has impacted ...
Review: For ‘Frozen,’ Paramount Theatre has created winter world that’s simply spectacular
Though this has never been my favorite Disney musical, the production now in Aurora in some ways exceeds even the one that ...
The Korea Herald14h
Paramount Pictures join forces with Scuderia Ferrari HP to celebrate the release of Gladiator II
With this collaboration, Paramount Pictures and Scuderia Ferrari HP aim to enhance the fan experience and celebrate a ...