Paramount Global Adds 3.5 Million Streaming Subs In Q3 But Revenues Fall 6% As TV & Film Dip
Paramount Global has posted lower year-on-year revenue in Q3, but Paramount+ added 3.5 million subscribers as DTC profit hit $49 million.
Paramount’s earnings lag estimates as streaming gains are offset by weak film and TV revenue
The company still expects to close its merger with Skydance, the studio run by David Ellison, in the first half of 2025.
Paramount revenue misses as cable, studio declines dull streaming gains
Paramount Global missed quarterly revenue estimates on Friday as a lack of big hits at the box office and declines in its cable business outweighed better-than-expected subscriber growth at its streaming service after the return of NFL content.
Paramount Global Adds 3.5 Million Streaming Subscribers in Q3 Bruised by TV, Movie Declines
Paramount Global added 3.5 million new subscribers to broadband services like Paramount+ in its third quarter, but those gains failed to offset meaningful declines in its larger TV and film businesses.
Paramount Global Streams New Subscribers
Paramount Global delivered better-than-expected earnings in Q3 2024, driven by strong streaming growth, despite challenges in traditional segments.
Paramount Global Achieves Growth in Streaming Sector
Paramount Global ( (PARA) ) has released its Q3 earnings. Here is a breakdown of the information Paramount Global presented to its investors.
Paramount Global beats profit estimates on streaming growth, cost cuts
(Reuters) -Paramount Global surpassed quarterly profit estimates on Friday as the media giant benefited from cost controls and stronger-than-expected growth in streaming subscribers after the return of NFL.
Paramount Global grows streaming subscribers despite revenue dip
Overall revenue dropped 6% at Paramount to $6.73 billion in the three months ended Sept. 30, missing analysts’ forecasts of $6.95 billion. Adjusted earnings per share from continuing operations were 49 cents,
Paramount Global Q3 Profit Declines, Stock Down
Friday reported a decline in third-quarter earnings, primarily due to a decline in revenue, as well as higher restructuring and transaction-related expenses. Earnings stood at $1 million or $0.00 per share compared to $295 million or $0.
Paramount Global-B (PARA) Q3 Earnings Beat Estimates
Paramount Global-B (PARA) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.30 per share a year ago. These figures are adjusted for non-recurring items.
Paramount Co-CEO Chris McCarthy Feels Good About Paramount+'s Position "To Remain A Standalone"
We feel good about our position and our ability to remain a standalone.” That was Paramount Co-CEO Chris McCarthy’s update on ...
The Paramount-Nielsen Contract Impasse Is In Its Second Month
The Paramount Global and Nielsen impasse is now in the second month. With multicurrency options, the standstill has impacted ...
What Time Does ‘Yellowstone’ Season 5, Part 2 Premiere? How To Watch ‘Yellowstone’ Live on Paramount Network
CBS will broadcast a “special airing” of the episode Sunday night at 10:00 p.m. ET, and Paramount Network will air encores of ...
Paramount: Skydance Merger Set To Unlock Hidden Asset Value
Paramount’s undervalued assets could unlock significant upside. See why PARA stock is a strong pick for those looking for ...
Paramount Acquires ‘Freediver’ Documentary (EXCLUSIVE)
Paramount Global Content Distribution has acquired the rights for the documentary feature “Freediver,” which follows ...
Altercation leads to 2 men being shot at popular West Covina sports bar
Two men were shot at a busy sports bar in West Covina late Saturday night, according to reports.  Preliminary information indicates that an altercation took place outside Tina’s Tavern, located at ...
Paramount Resources: Mild Weather Can Be A Real Pain
Paramount Resources shows promise with low debt, focus on liquids-rich drilling, and profitability despite low natural gas ...
Garden Grove girls volleyball swept by Bell Gardens in CIF-SS Division 8 final
Garden Grove’s surprising run to the CIF-SS finals ends with a loss to a Bell Gardens team with superior height and stronger ...