Revenue segments as reported by the company.

Advertising

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Paramount Global

Paramount Global operates as a mass media company, which creates and distributes content across a variety of platforms to audiences around the world. It operates its business through the following segments: Entertainment, Cable Networks, Publishing, and Local Media. The Entertainment segment is composed of the CBS Television Network, CBS Television Studios, CBS Studios International, CBS Television Distribution, CBS Interactive, and CBS Films, as well as the company's digital streaming services, CBS All Access and CBSN. The Cable Networks segment includes Showtime Networks, CBS Sports Network, and Smithsonian Networks. The Publishing segment manages Simon & Schuster's consumer book publishing business with imprints such as Simon & Schuster, Pocket Books, Scribner, and Atria Books. The Local Media segment handles CBS Television Stations and CBS Local Digital Media, with revenues generated primarily from advertising sales and retransmission fees. The company was founded by Sumner Murray Redstone in 1986 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q1 2022

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Earnings data Q1 2023

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Earnings data Q4 2024

Paramount Global excels in streaming investments and content performance

Paramount Global's focus on streaming investments and content performance drove success in 2022, with plans for further growth in 2023 and beyond.
Challenges include peak losses in the D2C segment and lower OIBDA in Filmed Entertainment, but opportunities lie in international expansion and pricing strategies.
The integration of Showtime with Paramount+ and upcoming franchise-oriented titles position Paramount for significant earnings growth and positive free cash flow in 2024.

Paramount Global excels in streaming with 60M subscribers and revenue growth

Paramount Global's Q1 2023 Earnings Call highlighted strong performance, strategic strengths in streaming investments and partnerships, challenges related to potential strikes and cost management, and opportunities for growth through maximizing shareholder value and revenue expansion in 2024.

Paramount Global excels in Q2, eyes streaming profitability by 2024

Paramount Global's Q2 earnings call reflects strong financial performance, strategic content focus, and a clear path to streaming profitability by 2024.
The company's strengths lie in high-quality content creation, diverse revenue streams, stable sports deals, and resilience in the face of potential disruptions.
Challenges include industry strikes impacting content production, balancing traditional business with streaming growth, and navigating the evolving digital ad market.
Opportunities for Paramount include capitalizing on the Big Ten expansion, driving streaming profitability, maximizing sports content impact, and accelerating digital ad revenue growth.

Paramount Global reports robust Q3 performance and optimistic streaming outlook

Paramount Global (PARA) showcased strong performance in Q3 with notable growth in streaming revenue and subscribers, emphasizing cost management and free cash flow.
The company's focus on expanding globally, partnerships with key players like Delta and Walmart+, and strategic content slate position it well for future growth.
While facing challenges in TV media advertising and potential password sharing issues, Paramount Global remains confident in achieving significant total company earnings growth in 2024.
Opportunities lie in bundling strategies, ARPU growth, and improving D2C profitability, indicating a positive outlook for Paramount Global's streaming business.

Paramount Global reports robust Q4 performance and eyes sustainable growth

Paramount Global's Q4 2023 performance reflects strong revenue, subscriber growth, and strategic focus on sustainable profitability and content impact.
While facing challenges in achieving domestic profitability for Paramount+ and managing content costs, the company is well-positioned for growth.
Opportunities lie in OIBDA growth, M&A exploration, and revenue diversification through bundling and licensing, signaling a promising outlook for Paramount Global.

Paramount Global excels in Q1 2024 with strong streaming growth

Paramount Global's Q1 2024 earnings call showcased robust financial performance, strategic focus on content, and strong growth in streaming subscribers and advertising revenue.
While facing challenges in reducing leverage and navigating a competitive market, Paramount Global's strengths in content assets, executive leadership, and industry experience position it well for future success.
With opportunities to capitalize on advertising growth, expand streaming services, and explore new partnerships, Paramount Global is poised to drive continued growth and innovation in the entertainment industry.

Paramount Global reports robust Q2 growth and eyes profitability

Paramount Global's Q2 performance reflects strong revenue growth and progress towards profitability for Paramount+.
The company's focus on cost-saving measures, key content wins, and strategic partnerships positions them for future success.
Challenges lie in achieving profitability, navigating industry competition, and optimizing revenue streams, but opportunities abound in upcoming releases and revenue expansion.

Paramount Global excels in Q3 with DTC growth and content success

Paramount Global's Q3 performance reflects a solid foundation for growth, driven by strong DTC metrics, content success, and financial progress.
While facing challenges like profitability targets and market dynamics, the company's strategic strengths and opportunities position it well for future expansion.
Investors can be optimistic about Paramount Global's trajectory, supported by a mix of content-driven growth strategies and financial discipline to drive value creation.

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Citigroup

Kraft Heinz

Since becoming CEO of Berkshire Hathaway in the mid-1960s, Buffett has overseen a greater than 4,200,000% return on his company's Class A shares (BRK.A). However, the Oracle of Omaha isn't perfect.

Warren Buffett Is Losing Almost $16 Billion, Combined, on 4 Brand-Name Stocks

Warner Bros Discovery Inc

Shares of Paramount Global and Warner Bros. Discovery Inc. took a hit Friday after they were downgraded at Wolfe Research because of increasing concerns that advertising spending would fall.

Shares of Paramount, Warner Bros. fall after downgrades, on concerns over falling ad spending

Paramount Global (NASDAQ:PARA) stock is down 1.4% to trade at $16.24 this morning, following a bear note from Wolfe Research.

Analyst: Paramount at Risk of Advertising Downturn

The companies face a drop later this year in upfront deals, where advertising customers buy commercial spots that air at later dates, analysts wrote.

Paramount and Warner Bros. Get Downgrades.

NEW YORK , July 7, 2023 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA) announced today that it will report second quarter financial results on Monday, August 7, 2023. The company will conduct a conference call at 4:30 p.m.

Paramount Global to Report Second Quarter Financial Results on August 7, 2023

Charter Communications

DaVita

General Motors

Kroger

Occidental Petroleum

Plenty of investors are interested in the stocks that legendary investor Warren Buffett has selected for the Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ) equity portfolio. However, instead of buying every single stock in this category, you may want to focus mainly on the undervalued Buffett stocks instead.

The 7 Most Undervalued Buffett Stocks to Buy Now: June 2023

Wayfair

Paramount has a strong brand with valuable assets, but it recently lowered its dividend as it tries to cut costs. Wayfair is making changes to become more efficient, and it's expecting improvements in profitability.

These 2 Super-Cheap Stocks Could Lead to Incredible Gains, but They're Risky

Paramount Global has re-upped CFO Naveen Chopra through 2026. In an SEC filing Friday, the company said it had reached a three-year contract extension with the former Amazon and Pandora executive. The pact started June 21 and runs through June 20, 2026, the filing said.

Paramount Extends Contract Of CFO Naveen Chopra Through 2026

Coca-Cola

Coca-Cola is still an iconic brand, but the stock has lost much of its fizz. Paramount Global is suddenly streaming less dividend income for investors.

3 Warren Buffett Stocks Investors Should Avoid

Disney's latest Pixar release was less than a smash success, and its upcoming films offer mixed potential. Paramount has three promising films set for summer release that are connected to well-known brands.

Can Paramount Exploit Disney's Recent Weakness at the box Office?

Investors need to pay close attention to Paramount Global (PARA) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Paramount Global (PARA) Stock?

Paramount Global (NYSE: PARA) stock price has been one of the most underperforming media companies this year. The stock has dropped by 10% in 2023 while Warner Bros Discovery (WBD) and Netflix (NFLX) shares have jumped by double-digits.

Paramount stock price is a bargain: Is it a good media company to buy?

CNBC recently published an article about legacy media and the great trouble they are in.

Paramount Falls Apart

BARK

PayPal

Despite the S&P 500 and Nasdaq Composite launching out of the gate in 2023, bargains are still available for patient investors. Three phenomenal businesses have the essential tools and intangibles necessary to deliver a 200% return to their shareholders over time.

3 Scorching-Hot Summer Buys That Can Triple Your Money

Netflix

Disney

Twenty-First Century Fox

This year was supposed to be a rebound for legacy media companies such as Disney and Warner Bros. Discovery.

Legacy media companies enter dark times as failures mount and Netflix rises again

Ally Financial

Bank of America

Celanese

Chevron

Globe Life Inc

Jefferies Financial Group Inc

Vitesse Energy Inc

This Buffett holdings list from Kiplinger first appeared 5/20/23 on line. YCharts and Dogs of The Dow both track this Buffett/Berkshire batch. Here is your update from 6/20/23 YCharts data. 32 of 48 current Berkshire-Hathaway-owned-stocks pay dividends. As of 6/20/23 the top-ten ranged 3.00%-8.81% by annual-yield and 46 of 48 ranged -2.10% to 50.32% per broker-estimated target-price-upsides. Analyst-augured top-ten net-gains from Buffett's June dividend dogs ranged 17.99%-33.66% from GL, CE, ALLY, C, OXY, CVX, BAC, PARA, GM, and top pick KHC per YCharts data.

6 June Buffett Dividend Dog Buys And 4 To Watch

The market has overreacted to recent poor performance, despite management's clear guidance that 2023 was going to be a peak streaming spending year. Many investors were also likely looking to Buffett for reassurance after the dividend cut, and received none. Warren Buffett being unwilling to show his cards is not bad in my view. When compared to the Time Warner deal a few years ago, the potential private value of PARA appears to be significantly higher than current market prices.

Paramount Pullback Provides Larger Margin Of Safety

Apple

The Oracle of Omaha has run circles around the S&P 500 since becoming Berkshire Hathaway CEO nearly six decades ago. Interestingly, some of Warren Buffett's biggest buys of late are stocks that other prominent billionaire money managers are reducing their stakes in or exiting entirely.

3 Stocks Warren Buffett Is Buying Hand Over Fist That Other Billionaires Are Selling

The “Diary of a Mad Black Woman” star has been considered the frontrunner to win the auction for BET Group.

Paramount's BET sale in doubt as Tyler Perry balks at $3B price, sources say

Robinhood

Tesla

When Apple (NADAQ: AAPL ), Goldman Sachs (NYSE: GS ), Meta (NADAQ: META ), and Microsoft (NASDAQ: MSFT ) are all among the companies preparing for layoffs, investors should gird their portfolios for a potential downturn. Tech stocks seem to be taking the brunt of it despite being the top performing sector this year.

3 Stocks to Sell as Companies Prepare for Layoffs

Paramount had to cut its dividend recently to account for free cash flow issues. Direct-to-consumer was the only segment that increased revenue in the latest quarter.

Paramount Stock: Buy, Sell, or Hold?

Paramount's annual dividend just fell sharply from $0.96 to $0.20 per share. Buffett's team may have been attracted by the stock's low valuation among its peers.

Warren Buffett Is Buying This Passive Income Stock. Should You?

World Wrestling Entertainment

Media and entertainment sector offers investment opportunities due to changing tastes, technological advances, and competition. Netflix, Paramount Global, and World Wrestling Entertainment show varying performances, with Netflix being the strongest percentage winner. Investors should consider a stock's relative performance versus a broad index to better understand its behavior compared to peers.

Active Investors Who Relish Change Can Find It In These Media And Entertainment Stocks

Paramount Global is “deep into the marketing process” for publisher Simon & Schuster and can see a path to closing a deal this year, CFO Naveen Chopra said today, putting the first timeframe on a sale.

Paramount Global Could Close Sale Of Simon & Schuster By Year End, CFO Says; Company “Open Minded” To Broader Media M&A

Chewy

United Wholesale Mortgage

One of the biggest developments in the market in recent years has been the rise in meme stocks. Individual traders have taken to forums such as Reddit to organize discussions and advocacy around certain companies.

News for Paramount Global Stock (PARA)