PARA / Paramount Global Sees Tough Q2 In Film (‘Transformers' Vs ‘Top Gun'), Muted DTC Growth But Otherwise Bests Forecasts; Streaming Losses Narrow, Stock Pops

Paramount is one of the largest content producers in the US, with a strong presence in broadcast and cable TV, film, and streaming distribution channe more_horizontal

U.S. equities closed out the week with gains, with the S&P 500 jumping 0.9% after a report showed that fewer jobs were created in October than expecte more_horizontal

Paramount crushed earnings expectations in Q3. A stricter approach to spending on streaming growth helped power the beat. more_horizontal

Paramount Global's (PARA) third-quarter results reflect a steady viewership for its streaming services, boosted by the strong adoption of Paramount+, more_horizontal

Football fans watching games on CBS and a jump in streaming subscribers helped Paramount Global (PARA) post better-than expected results, and shares s more_horizontal

The headline numbers for Paramount Global-B (PARA) give insight into how the company performed in the quarter ended September 2023, but it may be wort more_horizontal

Paramount+ adds 2.7 million subscribers and streaming losses fall from $343 million to $238 million, with total revenue up 38%. 'Yellowstone' returnin more_horizontal

The actors are still on strike and it's still costing Paramount. The CBS, MTV and Nickelodeon owner revealed that the strikes have cost $60M over the more_horizontal