Revenue segments as reported by the company.

Advertising

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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

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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

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q1 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

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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Paramount+ will officially integrate with Showtime on June 27, and streaming subscribers can expect a price hike at the same time.

Paramount+ and Showtime will merge June 27, and prices will rise too

Warner Bros Discovery Inc

Paramount's combined Paramount+ and Showtime streaming service will launch on June 27.

Paramount streaming service to merge with Showtime on June 27

Paramount has confirmed the launch plans, including date, for the merged Paramount+ with Showtime service. The company will launch the rebranded bundle on June 27.   It comes a few days after the date leaked via an email sent out to Showtime subscribers that paid for the service via Apple.

Paramount+ With Showtime Confirms Rebrand Launch Date

Bank of America

Occidental Petroleum

It's no secret that Warren Buffett's favorite stock these days seems to be Apple (NASDAQ: AAPL ). The tech giant now accounts for about 47% of Berkshire Hathaway's (NYSE: BRK-A , NYSE: BRK-B ) portfolio.

3 Stocks Warren Buffett Is Betting Big On Big-Time

Multiplatform Long-term Initiative to Launch with Coalition of Leading Partners  4-H, Ashoka, Association of Children's Museums, ChangeX and The Aspen Institute Click HERE  for assets and HERE to embed video. Share it: #NickOurWorld @Nickelodeon  NEW YORK , May 22, 2023 /PRNewswire/ -- Nickelodeon today announced the U.S. launch of Our World , a brand-new global initiative to inspire kids and provide them with tools to activate their individual and collective agency.

NICKELODEON INAUGURATES NEW ERA OF PRO-SOCIAL LEADERSHIP WITH OUR WORLD GLOBAL INITIATIVE

Comcast

Disney

Netflix

Movie stocks have performed well in 2023 despite mixed consumer spending trends. While ticket sales are up from a year ago, data show that nothing tops at-home Netflix-and-chill.

The Box Office Bounce Back: Entertainment Stocks Produce Strong Returns

The following research was contributed to by Christine Short, VP of Research at Wall Street Horizon. Ditching the dual monitors to take in a big-screen flick is not a bad way to unwind after a long day and busy earnings season.

Box Office Bounce-Back: Entertainment Stocks Produce Strong Returns

Coca-Cola

McDonald's

Monster Beverage

Anheuser-Busch InBev

Innovative Industrial Properties

RCI Hospitality

With the prospect of an incoming recession a non-zero probability event, investors may want to consider sin stocks to buy. Put another way, these publicly traded enterprises appeal to certain base-level desires of the consumer economy.

7 Sin Stocks to Spice Up Your Returns in a Gloomy World

Snowflake

StoneCo

There's no question that Warren Buffett is the greatest investor of all time. From a small family office in Omaha, Nebraska, he has built a portfolio that is today worth more than $300 billion.

3 Stocks Warren Buffett SHOULD Sell Next Quarter

Paramount Global is going through tough times, but I believe it will eventually rebound over the long term. The company has a great set of platforms and content engines to take advantage of the eventual economic rebound and advertising resurgence.

Paramount Global: Consideration Of The Pullback

Paramount Global just cut its dividend by 80% after an ugly Q1 2023 update. At Berkshire Hathaway's annual shareholder meeting, Warren Buffett explained some of the issues Paramount and the TV streaming industry are facing.

Warren Buffett Owns $1.6 Billion Worth of Paramount Stock -- Here's The Major Issue He's Seeing

Paramount slashed its quarterly dividend from $0.24 per share to $0.05 per share. Its streaming platform continues to grow rapidly, but revenue fell year over year.

Why I'm Changing My Mind on Paramount Global Stock

Peloton

Market news and some "Star Wars" conversation.

Paramount Global and Peloton Are Worth Talking About

FuboTV

Media giants Paramount, Comcast, Warner Bros. Discovery, and Disney are struggling to grow their audiences profitably.

Are Streaming Video Stocks Making Promises They Can't Keep?

Collection Based on the Famed Rugrats Character will be Available for Pre-order and Purchase Exclusively on CultureFly.com LOS ANGELES and NEW YORK , May 11, 2023 /PRNewswire/ -- CultureFly has teamed up with Nickelodeon, Paramount Consumer Products and toy industry legend James Groman to create a unique and exciting large format Reptar collectible! Standing at 12" tall the soft vinyl Reptar figure articulates, features striking detail, and will be available for pre-order in a unique airbrushed colorway at limited quantities.

THE REPTAR X JAMES GROMAN CAPSULE COLLECTION BY CULTUREFLY LAUNCHING THIS MONTH

This company has roots in legacy media, while successfully expanding into streaming video. Streaming represents the biggest opportunity, fueled by the company's large and growing catalog of content.

Here's How Warren Buffett Is Betting on the Streaming Wars

The move comes as the media giant lays of 25% of staff, according to reports.

Paramount to Shut Down MTV News After 36 Years

Paramount is combining nine separate teams into one and among the units being shut down is MTV News, Bloomberg News reported.

Paramount Global slashing 25% of staff, shutting down MTV News: report

The layoffs allow Paramount Media Networks to contend with "pressure from broad economic headwinds like many of our peers."

2023 Media Layoffs: MTV News Shutting Down As Paramount Media Networks Cuts 25% Of Staff

Novavax

More than 136,000 employees were laid off by major U.S. companies in the first quarter of 2023.

Spring 2023 Layoff Tracker: Paramount, Novavax, LinkedIn Cut Hundreds Of Employees

The Writers Guild of America dropped their pencils and headed for the picket lines a week ago, and their walkout is already hurting Hollywood productions.

Hollywood writers' strike halts production of 'Stranger Things,' 'Severance,' Marvel's ‘Blade'

Broadstone Net Lease

Bank of Nova Scotia

Chimera Investment

Canadian Imperial Bank of Commerce

Cisco Systems

Diageo

GlaxoSmithKline

Haleon PLC

Iron Mountain

Illinois Tool Works

Johnson & Johnson

Leggett & Platt

MDU Resources Group

Medical Properties Trust

NetApp

Realty Income Corp

Orion Office REIT

Philip Morris

SoFi Technologies

South32 Ltd

Invesco S&P 500 High Dividend Low Volatility ETF

TotalEnergies SE

Woodside Energy Group Ltd

Investing in dividend stocks allows you to earn dividend income, the best passive income stream. Dividend Income is my primary vehicle on the road to Financial Freedom, which you can see through my Dividend Portfolio.

Dividend Income Summary: Lanny's April 2023 Summary

Although the move was widely expected, Paramount Global sold off because of a drastic dividend cut. My personal opinion is that this move was overdue and will create massive value. I present the math within the article.

Paramount: Dividend Cut Creates Massive Value

NEW YORK — Simon & Schuster is again up for sale. Months after a federal judge halted Penguin Random House's plan to purchase its longtime rival, Simon & Schuster's CEO and parent company, Paramount Global, have confirmed that the publisher is back on the market, with a sale possible by the end of the year.

Simon & Schuster is up for sale again, executives confirm

Paramount Global's (PARA) first-quarter results reflect a spike in the viewership for its streaming services, boosted by the strong adoption of Paramount+, offset by lower advertising revenues.

News for Paramount Global Stock (PARA)