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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 financial update comes ... following a loss of $286 million in the first quarter. Atmosphere at the SAG Panel for Paramount's Yellowstone at Paley Center For Media on Jan. 4, 2023 in New ...
The CFO and general counsel changes come as the REIT faces looming debt maturities in 2026, among other economic headwinds.
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 ...
JPMorgan maintains an Underweight rating for Paramount; analysts lowered price target to $10. Short-term decline expected due ...
Go here for more information. Paramount Global missed Wall Street expectations in its fourth quarter of 2024, after its results were weighed down by operating losses in direct-to-consumer and ...
Paramount is in a poor financial position ... On the other hand, if pay-TV distributors can stem their subscriber losses by including streaming services in their subscriptions, the less ...
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 ...