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.

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Bob Bakish, CEO of Paramount Global, has canceled a scheduled appearance at a media conference this afternoon due to illness. The chief executive had been slated for an afternoon Q&A keynote session at J.P. Morgan's 47th Annual Global Technology, Media and Communications Conference in Boston. The event at the Westin Boston Seaport District Hotel was scheduled in...

Paramount Global CEO Bob Bakish Cancels Media Conference Keynote Due To Illness

Start Time: 10:00 January 1, 0000 10:49 AM ET Paramount Global (NASDAQ:PARA ) MoffettNathanson Annual Media & Communications Summit May 19, 2022, 10:00 AM ET Company Participants Naveen Chopra - CFO Conference Call Participants Unidentified Analyst Naveen, first time. We really appreciate your appearance today.

Paramount Global (PARA) Management Presents at MoffettNathanson Annual Media & Communications Summit (Transcript)

Built on the Strength of Iconic Brands, Premium Programming and Massive Reach Across Linear and Streaming to Deliver Unmatched Marketing Solutions for Advertising Partners *Click here for media assets *Visit Press Express for presentation and blue carpet images NEW YORK , May 18, 2022 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA) today presented a special edition of 60 Minutes to explore its powerhouse portfolio of leading media platforms, hit content and advertising capabilities during its first in-person Upfront event as a combined company. Through in-depth interviews, profiles and appearances, the talent-packed program featured Paramount's accelerated momentum and differentiated playbook to reach everyone, everywhere, at scale.

Paramount Global Showcases Full Scale and Power of IP-Driven, Multiplatform Content Company During Historic In-Person Upfront Presentation at Carnegie Hall

Paramount Global reported its Q1 earnings highlighted by strong momentum in streaming. The company stands out among media giants with a differentiated model across TV, film, and streaming through several platforms.

Is Paramount Stock Worth Buying For The Long-Term? Warren Buffett Thinks So

The New Fall Dramas EAST NEW YORK, FIRE COUNTRY, SO HELP ME TODD and Unscripted Series THE REAL LOVE BOAT Join 18 Returning Shows Fall Schedule Features a New All-Reality Night on Wednesday from 8:00-11:00 PM, a Comedy Power Hour on Thursday from 8:00-9:00 PM and New Dramas on Thursday, Friday and Sunday Fall Lineup of Returning CBS Originals Includes #1 Broadcast Series/Drama NCIS, #1 Comedy YOUNG SHELDON, #1 New Series/Comedy GHOSTS, #1 New Drama NCIS: HAWAI'I and #1 News Program 60 MINUTES New Drama TRUE LIES, Inspired by James Cameron's Hit Action/Comedy Film of the Same Name,  to Debut Mid-Season New Season Slate Also Includes Sports, Holiday and Special Event Awards Programming All New and Returning Series Available to Stream Live and On Demand on Paramount+* CLICK HERE for New Series Trailers Available Wednesday, May 18 at 8:00 AM, ET on CBS' YouTube Channel NEW YORK, May 18, 2022 /PRNewswire/ -- CBS today announced its 2022-2023 primetime programming lineup of CBS Originals, featuring four new dramas, one alternative series, special event programming and 18 returning series. For 2021-2022, the Network finished #1 for the 14th straight season, winning 19 of the past 20 seasons.

CBS UNVEILS ITS 2022-2023 PRIMETIME LINEUP

Transformational partnership combines beloved content from Viafree and NENT Group's Local Ad sales leadership with Pluto TV's global content and technology First instance of a combination of local AVOD platform with Pluto TV DOWNLOAD ASSETS HERE COPENHAGEN and STOCKHOLM and OSLO , May 18, 2022 /PRNewswire/ -- Pluto TV, a Paramount company and leading provider of Free Ad-Supported Streaming Television (FAST), today expanded to the Nordics, launching in Sweden, Denmark and Norway. The service unveiled a vast programming line-up that features more than 70 unique and locally curated channels now live in each country.

PLUTO TV LAUNCHES IN NORDICS, UNVEILS PROGRAMMING LINE-UP

A legendary investor's holding company built a sizable stake in the entertainment leader.

Why Paramount Global Stock Surged Today

NEW YORK , May 17, 2022 /PRNewswire/ -- Paramount Global (NASDAQ: PARA; PARAA) today announced that Bob Bakish, President and Chief Executive Officer, will participate in a question and answer session during the JP Morgan Technology, Media & Communications Conference in Boston, MA on Tuesday, May 24, 2022, at 1:30 p.m. ET. A live audio webcast will be available on Paramount's Investor Relations homepage at ir.paramount.com.

Paramount Global CEO Bob Bakish to Participate in the JP Morgan Global Technology, Media and Communications Conference

Paramount Global ( PARA , Financial) is a global media brand which owns CBS, Comedy Central, Channel 5, MTV, Showtime and more. It's not a stock I would ever have expected Warren Buffett (Trades, Portfolio) to be interested in, and yet, Berkshire Hathaway ( BRK.A , Financial)( BRK.B , Financial) bought shares in the first quarter of 2022 according to the firm's latest 13F report.

Why Is Warren Buffett Buying Paramount Global?

Paramount is a value stock based on its forward price-to-earnings ratio of 13x, which is right up Buffett's alley given his value investing strategy.

Paramount soars 16% after Warren Buffett's Berkshire Hathaway reveals $2.6 billion stake in the media company

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Benzinga's “5 Stocks Up 10%” aims to deliver investors the news surrounding hot stocks with significant price action on May 17, 2022. The information provided for these hot stocks is compiled using the Movers and News tools in Benzinga Pro.

5 Hot Stocks Up 10%: What Other Companies Joined Coinbase On The List?

Legendary value investor Warren Buffett took a stake in a leading media company in the first quarter. Could the purchase by Buffett signal placing multiple bets on the streaming wars or that the company is in the value stock territory?

Is Paramount Global A Value Stock? Inside Berkshire Hathaway's Purchase

Shares of Paramount popped higher in early trading after Berkshire Hathaway, the company of legendary investor Warren Buffett, disclosed late yesterday that it acquired a chunky stake in the company. Paramount shares are up more than 10% at nearly $31 at market open morning, following a 1% dip yesterday. They stock is still well off...

Paramount Global Stock Jumps 10% After Warren Buffett's Berkshire Hathaway Buys In

Three of the new positions revealed in Berkshire Hathaway's BRK.B, -0.34% 13-F filing jumped in premarket trade on Tuesday. Paramount Global's B shares PARAA, -0.82% bounced 10%, as Celanese CE, +1.52% rose 6% and Citigroup C, -0.38% rose 5%.

Paramount Global and Citi surge after Berkshire Hathaway discloses new stakes

Warren Buffett's Berkshire Hathaway reported Monday in a securities filing that it has acquired a stake in Paramount Global after acquiring $2.6 billion in Class B shares. The SEC Form 13F filing showed that Buffett's company acquired almost 69 million shares of Paramount Global during the first quarter, along with revealing that it also took...

Warren Buffett Reveals $2.6B Investment In Paramount Global

NEW YORK , May 12, 2022 /PRNewswire/ -- Paramount Global (NASDAQ: PARA; PARAA) today announced that Naveen Chopra, Chief Financial Officer, will participate in a question and answer session during the MoffettNathanson Media & Communications Summit in New York, NY on Thursday, May 19, 2022, at 10:00 a.m. ET. A live audio webcast will be available on Paramount's Investor Relations homepage at ir.paramount.com.

Paramount Global CFO Naveen Chopra to Participate in the MoffettNathanson Media & Communications Summit

CBS CEO George Cheeks is scrambling to shore up morale at CBS News, dialing back demands that staffers work nights and weekends as they lament conditions under the struggling network's hard-driving boss, The Post has learned.

CBS CEO George Cheeks scrambles to boost morale after staffers rip harsh working conditions

The year-over-year revenue decline was largely due to the impact of the company's TV Media division not airing the Super Bowl, which moved to Comcast this year, resulting in lower advertising sales.

Will Paramount's Streaming Push Help Or Hurt Its Stock?

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RYE, N.Y.--(BUSINESS WIRE)--Gabelli Funds will host its 14th Annual Entertainment & Broadcasting Symposium at the Harvard Club in New York City on Thursday, June 2, 2022. The symposium will feature discussions with leading companies and organizations across the media ecosystem, with an emphasis on industry dynamics, current trends, and business fundamentals. It will also include a Sports Investing Panel. For those who cannot attend in person, the symposium will also be available via webcast

Gabelli Funds to Host 14th Annual Entertainment & Broadcasting Symposium Thursday, June 2, 2022

Paramount+ added nearly 7 million subscribers in Q1, as data shows its originals have grown in popularity.

Paramount+ shows signs of momentum as Netflix stumbles, thanks to originals like '1883‘

Paramount Global (NASDAQ:PARA ) Q1 2022 Results Conference Call May 3, 2022 8:30 AM ET Company Participants Anthony DiClemente - EVP, IR Bob Bakish - President and CEO Naveen Chopra - CFO Conference Call Participants Brett Feldman - Goldman Sachs Michael Morris - Guggenheim Bryan Kraft - Deutsche Bank Rich Greenfield - LightShed Partners Benjamin Swinburne - Morgan Stanley Phil Cusick - JP Morgan Jessica Reif Ehrlich - BoA Securities Robert Fishman - MoffettNathanson Operator Good morning. My name is Charlie, and I'll be the conference operator today.

Paramount Global (PARA) CEO Bob Bakish on Q1 2022 Results - Earnings Call Transcript

Paramount Global shares were down about 1% midway through the trading day after the company reported a mixed bag of first-quarter results. The stock initially dropped as much as 7% to near a 52-week low in the opening minutes of the session. Like most other shares in media and many in tech, it remains in...

Paramount Shares Wobble On Q1 Results; Wall Street Hasn't Fully Embraced Its Streaming Story

Paramount Global, formerly ViacomCBS, reported an overall total of 62.4 million global subscribers across its suite of streaming services, with Paramount+ alone adding 6.8 million total subscribers in the first quarter of 2022, to reach 39.6 million in total. Paramount CEO Bob Bakish has stated previously that the company is aiming to hit 100 million […]

Paramount+ reaches nearly 40M subscribers, will expand to the U.K., South Korea, and India

Paramount Global (NASDAQ: PARA) reported a first-quarter FY22 revenue decline of 1% year-on-year to $7.33 billion, missing the consensus of $7.38 billion. Global streaming subscribers rose to over 62 million, adding 6.3 million total subscribers.

News for Paramount Global Stock (PARAA)