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

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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

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

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 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

An article in financial media reported that the TV and film incumbent is in talks with a large peer to add the ad-based tier of its streaming service. Paramount+ has quickly become a cornerstone of the storied Hollywood studio's business.

Why Paramount Global Stock Was a Winner on Wednesday

A lackluster quarterly report and dividend cut resulted in a significant drop in shares. The Paramount+ streaming video service showed a strong revenue increase but remained unprofitable.

Why Paramount Stock Fell 35% Lower Last Month

Paramount+ Mountain Of Premium Entertainment Including Originals, Movies, And Live Sports Are Now Available On Smart TVs Powered By VIDAA NEW YORK , June 6, 2023 /PRNewswire/ -- VIDAA, the leading smart TV OS powering Hisense, Toshiba, and other leading regional OEM brands, and Paramount (NASDAQ: PARA, PARAA) announced today a new partnership to bring Paramount+ to smart TVs powered by VIDAA in Canada and Latin America, including Brazil. VIDAA, THE SMART TV POWERING HISENSE, AND PARAMOUNT PARTNER TO BRING PARAMOUNT+ TO CANADIAN AND LATIN AMERICAN VIEWERS Starting today, VIDAA viewers in Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay, Venezuela and Canada can access Paramount+ extensive library of original content, blockbuster movies, live sports, and more on their smart TVs.

VIDAA, THE SMART TV OPERATING SYSTEM POWERING HISENSE, AND PARAMOUNT PARTNER TO BRING PARAMOUNT+ TO VIDAA VIEWERS IN CANADA AND LATIN AMERICA

Paramount is seeing strong demand for its film content. A recovery in the ad market is a major catalyst for the stock.

A Bull Market Is Coming: 3 Reasons to Buy Paramount Stock

Paramount Global stock (NASDAQ: PARA) has had a tough year, declining by about 12% year-to-date, underperforming the S&P 500 which has risen by about 10% over the same

What's Happening With Paramount Stock?

Twenty-First Century Fox

Cox Media Group LLC, Fox Corp and CBS Corp have agreed to pay a combined $48 million to resolve civil antitrust claims in U.S. Court that accuse them of a conspiracy to artificially fix the prices of spot advertising on broadcast television.

Cox Media, other broadcasters to pay $48 mln to end price-fixing claims

Wolfe Research analyst Peter Supino ended his bearish call on Paramount Global Inc. recently following the announcement that majority shareholder National Amusements obtained a $125 million preferred equity investment.

Paramount's stock nabs an upgrade as company could depart from ‘money-losing strategies'

Traditional TV Media is producing a gusher of cash, but instead of paying dividends, the company is pouring money into their streaming business. Paramount+ is only the 5-6th largest streaming platform and cannot compete with the largest players in value offered to viewers. Sooner or later, acquisition bids will have to be considered; but the longer Paramount stays independent, the more value will be lost.

Paramount: Potential Merger Arbitrage With Downside Protection

Shari Redstone's National Amusements raised $125 million. Paramount also got an analyst upgrade on the news.

Why Paramount Global Stock Was Moving Higher Today

National Amusements, Paramount Global's controlling shareholder, will use the cash to reduce interest expense and pay down a revolving loan and recent term borrowings.

Paramount Stock Rises as Shari Redstone's National Amusements Gets Fresh Investment

Shares of Paramount Global rose by more than 6% on Friday after its controlling shareholder, media mogul Shari Redstone's National Amusements Inc, announced it had received a $125 million investment from a private equity firm.

Paramount Global shares rise as major shareholder gets $125 mln investment deal

Paramount Global shares jumped after an investor known as Warren Buffett's favorite banker piled into the media company's controlling shareholder.

Paramount pops after Buffett's favorite banker makes 'interesting' bet in media giant's biggest shareholder

Former CBS shareholders reached a proposed $167.5 million settlement to resolve allegations that Shari Redstone, the daughter of late media magnate Sumner Redstone, pressured the company into an unfair merger that created ViacomCBS Inc, now known as Paramount Global, according to a court filing.

Ex-CBS shareholders reach proposed $167.5 million settlement over Viacom deal

Paramount (NASDAQ: PARA ) stock is climbing higher on Friday following news of National Amusements getting a major investment. National Amusements has signed an agreement with BDT Capital Partners for a $125 million preferred equity investment.

PARA Stock Alert: The $125 Million Reason Paramount Shares Are Up Today

Shares of Paramount Global Inc. were popping 5% in premarket trading Friday after the media company's controlling shareholder announced that it received a $125 million investment.

Paramount stock takes off as controlling shareholder gets $125 million cash infusion

Paramount's attraction initially lay in its robust dividend policy, but a recent cut has seen the stock price fall dramatically. Despite a dividend cut, Paramount's focus on cash profits and streaming growth could set the company up for future success.

Should You Buy Paramount Global Before It Rallies?

NEW YORK , May 24, 2023 /PRNewswire/ -- Paramount Global (NASDAQ: PARA; PARAA) today announced that Naveen Chopra, Executive Vice President and Chief Financial Officer of Paramount Global, will participate in a question-and-answer session during Gabelli Funds 15th Annual Media & Entertainment Symposium at the Harvard Club in New York City on Thursday, June 8, 2023, at 11 a.m. ET. A live audio webcast will be available on Paramount's Investors website at ir.paramount.com.

Paramount Global's Chief Financial Officer Naveen Chopra to Participate in the Gabelli Funds Media & Entertainment Symposium

The same week that Warner Bros. Discovery launched its merged HBO Max and Discovery+ streaming service, Max, Paramount announced the launch date of Paramount+ with Showtime.

Paramount+ to increase in price when it combines with Showtime on June 27

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

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

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.

News for Paramount Global Stock (PARAA)