Paramount Global said its direct-to-consumer streaming business was "on track" to reach domestic profitability in 2025.

The media giant's total revenue fell 6% to $7.2 billion, weighed down by a 13% decline in its TV/media business ...

yet layoffs are looming amid billions in losses for the media giant. Paramount's Q2 2024 financial report revealed that Paramount+'s revenue grew by 46% year over year. A specific breakdown of the ...

The CFO and general counsel changes come as the REIT faces looming debt maturities in 2026, among other economic headwinds.

JPMorgan maintains an Underweight rating for Paramount; analysts lowered price target to $10. Short-term decline expected due ...

Paramount Global reported its fourth-quarter financial results on Wednesday with a streaming loss posted ahead of a sale of the studio to Skydance Media. The Hollywood conglomerate earlier said ...

Its parent Comcast followed Netflix’s latest financial update ... investment peaked ahead of plan.” All in all, Paramount’s streaming loss for 2023 narrowed slightly, while its streaming ...

Shares of Paramount Global Cl B PARA shed 1.65% to $10.76 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 2.36% to 5,158.20 ...

Paramount Global, NBCU and WB Discovery in ... If WB Discovery makes good on its promise that the days of incurring heavy financial losses on Max are over, then it’s in the prime position ...