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

Apollo Global Management

The bid comes as an independent committee of the company's directors is reviewing another offer from Skydance Media to merge with all of Paramount.

Apollo Offers $11 Billion for Paramount's Studio

Shares of Paramount Global climbed nearly 8% Wednesday on reports that private-equity firm Apollo Global Management Inc. has offered $11 billion to buy the media conglomerate's film-and-television studio.

Paramount shares rise on report of Apollo's $11 billion bid for company's Hollywood studio

Private equity firm Apollo Global Management has offered $11 billion for Paramount Global's Paramount Pictures film studio, a person with knowledge of the offer said on Wednesday, adding to takeover interest in the media conglomerate.

Apollo offers $11 bln for Paramount's Hollywood studio, source says

Paramount stock has been upgraded as a speculative Buy, with the management guiding improved DTC monetization as its licensing revenues grows, well balancing the secular decline of TV Media. Paramount+ also reports growing DTC subscription base and ARPUs on a QoQ/YoY basis, highlighting its improving existing user retention and new user acquisition. The cut dividends also allow the management to temporarily deleverage its balance sheet, with raised payouts likely, once the media company's profitability improves through 2025.

Paramount: Bullish Support At 15-Year Floor Observed, But Volatility Remains (Rating Upgrade)

Paramount Global said on Tuesday it would expand the premium tier of its streaming services across Europe, starting with France this month.

Paramount to expand premium streaming services across Europe

When word broke in January that Tom Cruise signed a deal to develop original and franchise pictures with Warner Bros. Discovery, including having an office for the actor's Cruise/Wagner Productions company on the WBD lot, many ask if it's a sign all isn't well between Cruise and frequent collaborator Paramount Pictures.

Tom Cruise-WBD Deal Can't Hurt His $8 Billion Relationship With Paramount

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Paramount Defenses, the world's #1 cyber security company in privileged access, identity and Active Directory security, today announced that it is celebrating eighteen years in business and giving away up to $100 Million of its Gold Finger software. From America to Israel, United Kingdom to the European Union, Saudi Arabia to India, and Singapore to Australia, Microsoft Active Directory is the foundation of cyber security at thousands of business and gove.

Paramount Defenses Celebrates Eighteen Years in Business, Announces Up To $100 Million Software Giveaway

Paramount Global (NASDAQ:PARA) has sold its 13% stake in Indian streaming company Viacom18 to Reliance Industries for US$517 million. This comes just two weeks after Reliance, which was already Viacom18's majority shareholder, agreed to merge the streaming service with Disney's Indian television business in a US$8.5 billion deal.

Paramount offloads $517mln stake in Indian business to Reliance

Paramount Global has sold its 13% equity interest in Viacom18 Media to Indian conglomerate Reliance Industries for the equivalent $517 million. The close of the transaction, revealed in an SEC filing, is subject to regulatory approval and the completion of a previously announced joint venture involving Reliance, Viacom18 and Star Disney.

Paramount Global Sells Stake In Viacom18 To India's Reliance For $500 Million

India's Reliance Industries has agreed to buy Paramount Global's entire 13.01% stake in local entertainment network Viacom 18 Media for about $517 million (42.86 billion Indian rupees), the U.S. company said in a regulatory filing.

India's Reliance to buy Paramount's stake in Viacom18

Paramount Global has reached a binding agreement to sell its stake in Indian media house Viacom18 to conglomerate Reliance for $517.4 million, the most valuable Indian firm disclosed to the local exchange in Mumbai at 2 a.m. Thursday.

Paramount Global to sell stake in India's Viacom18 to Reliance for over $500M

Apollo Global Management is in discussions with Paramount Global (PARA) about a possible acquisition or asset purchase. According to a report by Axios on Tuesday, a special committee formed by Paramount Global is engaging in these preliminary talks, signaling a new chapter in the ongoing saga of media consolidations.

Paramount and Apollo in talks for strategic deal, says report

A report says Apollo Global Management recently reached out to the entertainment giant about a possible takeover or asset purchase.

Paramount Is Being Eyed by Private Equity. It's Not the First Time.

Apollo Global Management has in recent days reached out to a special committee formed by Paramount Global about a possible takeover or asset purchase, Axios reported on Tuesday citing two sources familiar with the matter.

Apollo reaches out to Paramount about deal, Axios reports

Disney

Paramount Global could be set for change in the tough Indian media market. A Bloomberg report, citing unnamed sources, claims the MTV and Comedy Central owner is in talks with Reliance Industries to sell its stake in their channels and streaming venture, Viacom18.

Paramount In Talks To Sell Stake In Viacom18 To Disney India Partner Reliance — Bloomberg

Paramount Global (NASDAQ:PARA ) Morgan Stanley Technology, Media and Telecom Conference March 6, 2024 11:00 AM ET Company Participants Naveen Chopra - Executive VP & CFO Conference Call Participants Benjamin Swinburne - Morgan Stanley Benjamin Swinburne Good morning, everybody. I'm Ben Swinburne, Morgan Stanley's media and entertainment analyst.

Paramount Global (PARA) Morgan Stanley Technology, Media and Telecom Conference (Transcript)

Paramount Global chief financial officer Naveen Chopra said management is chipping away at debt, cutting costs, heading towards streaming profitability and otherwise “focused on execution” but won't ignore other opportunities to create value for shareholders. “We believe that continued execution of our plan will unlock value.

Paramount Will Be “Diligent” Exploring Alternatives, CFO Promises, As Management Focused On Turnaround

NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #autonomy--Paramount Defenses, the world's #1 cyber security company in privileged access, identity and Active Directory security, founded by an ex-Microsoft cyber security expert, today announced the availability of Gold Finger version 8.0 for Microsoft Active Directory. From America to Israel, from the European Union to Saudi Arabia and from India to Australia, Active Directory is the foundation of cyber security at thousands of business and government organizatio.

Paramount Defenses Releases Gold Finger 8.0 to Secure Organizations Worldwide and Prevent Techno-Feudalism

Roku

The battle for streaming dominance has become a new frontier in the entertainment space. As traditional media models give way to on-demand viewing, companies are vying for leads in the digital and online models.

The Next Netflix: 3 Streaming Stocks Bound for Blockbuster Growth

Television media is by far Paramount's biggest breadwinner. Its streaming arm has been consistently losing a great deal of money.

All of Paramount Global's Profits Come From 1 Part of Its Business. Is That a Problem for the Stock?

Morgan Stanley lowered its price target on Paramount stock to $10 just before earnings. Paramount beat on earnings one day later -- but missed on sales.

Paramount Stock Has 10% Downside, According to 1 Wall Street Analyst

Paramount beat on earnings Wednesday but missed on revenue. Media reports say Warner Bros.

Paramount Stock Has 67% Upside, According to 1 Wall Street Analyst

There has been a lot of news about Paramount PARA PARA Global. One of them has the media company in preliminary discussion with Comcast CMCSA about partnering their respective streaming services Paramount+ and Peacock.

Streamers Paramount+ And Peacock In Talks About Partnering

NEW YORK , Feb. 29, 2024 /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 the Morgan Stanley Technology, Media & Telecom Conference in San Francisco, CA on Wednesday, March 6, 2024, at 8:00 a.m. PT. A live audio webcast will be available on Paramount's Investors homepage at ir.paramount.com.

Paramount Global's Chief Financial Officer Naveen Chopra to Participate in the 2024 Morgan Stanley Technology, Media & Telecom Conference

Paramount Global (NASDAQ:PARA) shares are up 4% in premarket trading after it surprised investors with a fourth-quarter profit despite revenues slipping as a result of weaker ad spend. Earnings per share came in at 4 cents during the last three months of 2023, beating Wall Street estimates of a 1-cent loss.

News for Paramount Global Stock (PARAA)