Revenue segments as reported by the company.

Advertising

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Affiliate

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

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Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

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

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Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Paramount Global excels in streaming investments and content performance

Paramount Global's focus on streaming investments and content performance drove success in 2022, with plans for further growth in 2023 and beyond.
Challenges include peak losses in the D2C segment and lower OIBDA in Filmed Entertainment, but opportunities lie in international expansion and pricing strategies.
The integration of Showtime with Paramount+ and upcoming franchise-oriented titles position Paramount for significant earnings growth and positive free cash flow in 2024.

Paramount Global excels in streaming with 60M subscribers and revenue growth

Paramount Global's Q1 2023 Earnings Call highlighted strong performance, strategic strengths in streaming investments and partnerships, challenges related to potential strikes and cost management, and opportunities for growth through maximizing shareholder value and revenue expansion in 2024.

Paramount Global excels in Q2, eyes streaming profitability by 2024

Paramount Global's Q2 earnings call reflects strong financial performance, strategic content focus, and a clear path to streaming profitability by 2024.
The company's strengths lie in high-quality content creation, diverse revenue streams, stable sports deals, and resilience in the face of potential disruptions.
Challenges include industry strikes impacting content production, balancing traditional business with streaming growth, and navigating the evolving digital ad market.
Opportunities for Paramount include capitalizing on the Big Ten expansion, driving streaming profitability, maximizing sports content impact, and accelerating digital ad revenue growth.

Paramount Global reports robust Q3 performance and optimistic streaming outlook

Paramount Global (PARA) showcased strong performance in Q3 with notable growth in streaming revenue and subscribers, emphasizing cost management and free cash flow.
The company's focus on expanding globally, partnerships with key players like Delta and Walmart+, and strategic content slate position it well for future growth.
While facing challenges in TV media advertising and potential password sharing issues, Paramount Global remains confident in achieving significant total company earnings growth in 2024.
Opportunities lie in bundling strategies, ARPU growth, and improving D2C profitability, indicating a positive outlook for Paramount Global's streaming business.

Paramount Global reports robust Q4 performance and eyes sustainable growth

Paramount Global's Q4 2023 performance reflects strong revenue, subscriber growth, and strategic focus on sustainable profitability and content impact.
While facing challenges in achieving domestic profitability for Paramount+ and managing content costs, the company is well-positioned for growth.
Opportunities lie in OIBDA growth, M&A exploration, and revenue diversification through bundling and licensing, signaling a promising outlook for Paramount Global.

Paramount Global excels in Q1 2024 with strong streaming growth

Paramount Global's Q1 2024 earnings call showcased robust financial performance, strategic focus on content, and strong growth in streaming subscribers and advertising revenue.
While facing challenges in reducing leverage and navigating a competitive market, Paramount Global's strengths in content assets, executive leadership, and industry experience position it well for future success.
With opportunities to capitalize on advertising growth, expand streaming services, and explore new partnerships, Paramount Global is poised to drive continued growth and innovation in the entertainment industry.

Paramount Global reports robust Q2 growth and eyes profitability

Paramount Global's Q2 performance reflects strong revenue growth and progress towards profitability for Paramount+.
The company's focus on cost-saving measures, key content wins, and strategic partnerships positions them for future success.
Challenges lie in achieving profitability, navigating industry competition, and optimizing revenue streams, but opportunities abound in upcoming releases and revenue expansion.

Paramount Global excels in Q3 with DTC growth and content success

Paramount Global's Q3 performance reflects a solid foundation for growth, driven by strong DTC metrics, content success, and financial progress.
While facing challenges like profitability targets and market dynamics, the company's strategic strengths and opportunities position it well for future expansion.
Investors can be optimistic about Paramount Global's trajectory, supported by a mix of content-driven growth strategies and financial discipline to drive value creation.

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Expedia

Sprout Social

S&P 500 companies have reported strong earnings this season, with 79% surpassing profit expectations, according to Bloomberg's data. However, these results have not significantly bolstered stock performance, with the median stock outperforming the index by less than 0.1% on the day earnings were announced, despite some sectors facing analyst downgrades.

Time to Sell? 3 Recent Analyst Downgrades Worth Analyzing

Apollo Global Management

Sony

Should Sony and Apollo get their hooks into Paramount Global their strategy would be to keep theatrical release output steady between both studios –not reduced– while cutting the more burdonsome parts of the conglom, read auctioning off CBS, the linear channels like MTV and Paramount Plus streaming service.

Sony Apollo Paramount Merger Wouldn't Reduce Theatrical Output, Though TV & Streaming Assets Would Be Shed

Paramount Global's vast entertainment empire would be broken up if a buyout bid from Sony Pictures Entertainment and Apollo Global Management succeeds, according to a new report.

Sony, Apollo reportedly plan to break up Paramount if their buyout bid succeeds

Paramount Global is in talks about opening its books to a consortium of Sony Pictures and buyout firm Apollo Global Management interested in acquiring the U.S. media company, people familiar with the matter said on Wednesday.

Paramount in talks to open its books to Sony, Apollo, sources say

Sony Pictures Entertainment and private equity firm Apollo Global Management plan to acquire Paramount Global for $26 billion and break up the company, the New York Times reported on Wednesday, citing people familiar with the deal discussions.

Sony and Apollo plan to break up Paramount, NYT reports

Apple

Comcast

Disney

Alphabet

Netflix

Warner Bros Discovery Inc

The streaming market is saturated and needs consolidation for a recovery to occur. Comcast and Disney have great assets, but will take time to realize value. Paramount and Warner need to be consolidated into competitors for the industry to recover sooner than later. The opportunity is on potential M&A.

Quick Takes On Streaming Stocks

Amdocs

Vubiquity will oversee licensing, programming, localization and broadcast operations for MTV Japan, as well as manage affiliate relationships JERSEY CITY, NJ / ACCESSWIRE / May 8, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that Vubiquity, an Amdocs company, has been selected by Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA) to assume all operational activities and management of affiliates for MTV in Japan under a new licensing agreement. Vubiquity will be responsible for all aspects of operations for the MTV Japan linear channel, with plans to conclude the transition by the end of June 2024.

Paramount Global Selects Amdocs' Vubiquity to Provide Managed Services for MTV Japan

Ginkgo Bioworks Holdings

FuelCell Energy

The stock market has been on an incredible run over the past year with tech and growth stocks surging. Traders have piled into many fast-moving companies in hopes of locking in quick trading gains.

3 Meme Stocks to Sell in May Before They Crash & Burn

American States Water

Bank of America

Digital Realty Trust

Enterprise Products Partners

Genuine Parts

MercadoLibre

Accountability is important when it comes to investing. We all tend to remember our winners and ignore the losers.

Revisiting My 7 Stock Picks From Last Year: How Did I Do?

Chevron

Warren Buffett's phenomenal investment track record is why roughly 40,000 people flock to Berkshire Hathaway's annual shareholder meeting every year. During Berkshire's annual meeting, the Oracle of Omaha admitted to selling shares of two prominent holdings.

Meet the 2 Stocks Warren Buffett Confessed to Selling, as Well as the Other Core Holding He Likely Sent to the Chopping Block

Berkshire Hathaway sold its stake in Paramount during the first quarter, and trimmed its massive Apple investment. Paramount was clearly sold because Warren Buffett isn't quite as optimistic about the business anymore.

Warren Buffett Just Sold These 2 Stocks, Even Though He Still Loves One of Them

Apollo, which teamed with Sony to make a $26 billion all-cash bid for the Shari Redstone-controlled media conglomerate, faces an uphill fight to circumvent the FCC's 39% cap on the reach by local affiliates should the merger be approved by Paramount's board, sourced said.

Apollo-Sony bid for Paramount could face antitrust hurdles from feds: sources

Famed investor Warren Buffett's Berkshire Hathaway placed a $2.7 billion bet on Paramount in 2022. It hasn't worked, at all — Buffett just said he has sold all his stock and lost "quite a bit of money.

Why Warren Buffett's Paramount bet may have cost him $1.5 billion

Video streaming services saw a drop in downloads and active users during April, a research note by Bank of America showed on Monday, citing data from Sensor Tower, likely pressured by heated competition in the segment and an uncertain economic outlook.

Video streaming services see downloads, active users drop in April, BofA report shows

Paramount Global (NASDAQ:PARA) shares moved higher following reports a Sony and private equity firm Apollo Global have made a $26 billion cash offer to acquire the entertainment company. This comes as Paramount's exclusive merger talks with producer David Ellison's Skydance Media to takeover the company expired on Friday.

Paramount Global stock jumps on reports of $26B Sony-Apollo takeover offer

Paramount Global (NASDAQ: PARA ) stock is in the news Monday after Warren Buffett revealed that he sold Berkshire Hathaway's (NYSE:BRK-A, NYSE:BRK-B) entire stake in the entertainment business. Buffett made the announcement during the annual shareholder meeting for Berkshire Hathaway.

Warren Buffett Just Gave Up on Paramount (PARA) Stock

The exclusive negotiating window for a deal between Paramount and Skydance ended over the weekend. Sony and Apollo could team up for a better offer, but that deal would face antitrust concerns.

Why Can't Paramount Stock Have a Hollywood Ending?

Dine Brands Global

PASADENA, Calif.--(BUSINESS WIRE)--Today, IHOP announced the introduction of its new menu inspired by the new movie IF, only in theatres May 17. The menu includes limited time offers full of colorfully delicious food and beverage options for the whole family to enjoy. Through this collaboration, seven imaginative new items, including Blue's Dazzleberry Pancakes and Unbelieva-Blue Soda Pop that transforms colors with The Original Bomb Pop®, will bring the joy of IF's world to IHOP guests at part.

IHOP® Brings Imagination to Life With the Launch of the New Menu Inspired by Paramount Pictures' New Movie IF

Another big Hollywood name is rooting for a Paramount-Skydance deal as Jeffrey Katzenberg says that outcome would be “a great win for Paramount and for people in the industry.” Speaking a the Axios BFD Talks: LA this evening, the DreamWorks co-founder and former Walt Disney Studios head acknowledged that the situation is complicated.

Jeffrey Katzenberg On Paramount Drama – “Don't Count David Ellison Out”

Paramount Global has agreed to formally begin negotiations with a buyout group led by Sony Pictures Entertainment and Apollo Global Management, the New York Times reported Sunday, after a 30-day exclusive negotiating window with Skydance expired Friday.

Paramount reportedly approves buyout talks with Sony, Apollo

Paramount Global has opened acquisition negotiations with Sony and Apollo, The New York Times reported Sunday, after exclusive merger talks with Skydance lapsed Friday and the company continues to struggle following major first quarter losses and the departure of CEO Bob Bakish last week.

Paramount Officially Opens Talks With Sony And Apollo In Takeover Bid, Report Says

A special committee of the Paramount Global board charged with evaluating offers for the company met Saturday morning, though rival bidders for the studio are awaiting word on next steps.

Paramount bidders await word from special committee evaluating options

Warren Buffett says he has sold all of his shares in Paramount Global at a significant loss. Speaking at the annual meeting of Berkshire Hathaway, his company, today in Omaha, NE, the billionaire investor took full ownership of the bad call.

Warren Buffett Says He Has Sold All Of His Paramount Global Stock, Losing “Quite A Bit Of Money”

Warren Buffett said on Saturday Berkshire Hathaway sold its entire holding in Paramount at a loss, a decision he said was his sole responsibility.

Warren Buffett says Berkshire sold entire Paramount holdings at a loss

Buffett says Berkshire sold its entire Paramount stake: 'We lost quite a bit of money'

News for Paramount Global Stock (PARA)