Revenue segments as reported by the company.

Advertising

Affiliate and subscription

Theatrical

Licensing and other

Affiliate

Revenue Segments

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

Gross Margin

Operating Margin

Profit Margin

Margins

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

Selling, general and administrative

Depreciation and amortization

Restructuring and other corporate matters

Net gain on sales

Programming charges

Impairment charges

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

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

Market Cap

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

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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.

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

Paramount Global's stock rocketed in the final half-hour of trading Wednesday following a Bloomberg report that Skydance Media—founded by billionaire Larry Ellison's son David—reached a tentative agreement to buy Shari Redstone's controlling stake in the company, after the struggling entertainment giant faced months of rumored acquisition talks.

Paramount Global Shares Spike Nearly 15% As Deal With Larry Ellison's Son Reportedly Nears

Paramount Global and David Ellison's Skydance Media have set an exclusive negotiating period for merger talks, Deadline has learned, a sign that things are moving forward after months of speculation. Paramount won't engage with other parties on a deal for 30 days.

Paramount, Skydance Set Exclusive Negotiating Window For Merger Talks

Members of Paramount Global's board agreed on Wednesday to enter into exclusive merger talks with Skydance Media, favoring the independent studio over a $26 billion offer from Apollo Global Management , a person familiar with the matter said.

Paramount to enter into exclusive merger talks with Skydance, source says

An agreement paves the way for an exit by controlling shareholder Shari Redstone.

Paramount, Skydance Enter Exclusive Talks to Merge

Skydance boss David Ellison, the son of Oracle billionaire Larry Ellison, met with Paramount's independent board to discuss his vision for a deal, The New York Times reported late Tuesday.

Paramount Global board discusses exclusive sale talks with Skydance: report

Paramount Global - Class A voting shares have experienced a strong price advance vs. Class B units, suggesting takeover odds are high. A takeover/merger or asset breakup of Paramount is possible, while operating results have been improving beyond analyst expectations. A large short-interest position in PARA should support price, given the continuation of improving business profitability or appearance of new takeover proposals.

Paramount Global Voting-Stock Premium Suggests A Takeover Is Near

Paramount Global (PARA) stock is rising premarket Wednesday after the New York Times reported the media giant is considering making its sale negotiations exclusive with Skydance Media.

Paramount Stock Rises on Report of Exclusive Sale Negotiations With Skydance

Paramount Global (NASDAQ:PARA) shares gained 1.5% in pre-market trading on reports talks with Skydance over a potential takeover are nearing exclusivity. As per the New York Times, discussions have been held over entering into exclusive talks over the deal which would see Skydance buy Comedy Central owner Paramount.

Paramount climbs as Skydance takeover talks near exclusivity - reports

Shares of Paramount Global rose in after-hours trading Tuesday following a report that the media giant may soon be one step closer to selling.

Paramount shares rise on report it's considering exclusive sale talks with Skydance

Apple

Charter Communications

Through his holding company Berkshire Hathaway (NYSE: BRK.A , NYSE: BRK.B ), Warren Buffett controls a massive portfolio of stocks that is today worth more than $370 billion. The portfolio contains many large and successful positions, some of which Buffett has held for decades.

Stock Stinkers: 3 Warren Buffett Holdings Disappointing Investors in 2024

Chevron

Sirius XM Holdings Inc

Berkshire Hathaway has outperformed the S&P 500, including dividends, by more than 5,000,000% since Warren Buffett became CEO in the mid-1960s. Even with Wall Street's major stock indexes hitting new highs, amazing deals can still be found in the Oracle of Omaha's portfolio.

3 Warren Buffett Stocks That Are Screaming Buys in April (and Beyond)

Paramount Global-B (PARA) reported earnings 30 days ago. What's next for the stock?

Paramount Global-B (PARA) Up 6.6% Since Last Earnings Report: Can It Continue?

Disney

Twenty-First Century Fox

AMC Entertainment (NYSE: AMC ) fans may still hope for a post-pandemic recovery for the movie theater chain, but streaming stocks better than AMC are likely the potentially more profitable wager. The reasons for this are twofold.

Better than AMC: 3 Streaming Stocks to Buy for the Future of Entertainment

Ratings agency S&P lowered Paramount Global's credit rating to 'BB+' from 'BBB-' on Wednesday as stiff competition in the streaming landscape pressures the media giant's free operating cash flow (FOCF) generation.

S&P cuts Paramount Global's credit rating to 'BB+' on streaming challenges

The ratings company cut Paramount Global to BB-plus from BBB-minus, citing continuing cord cutting and elevated investments required to support the buildout of streaming services.

S&P Global Cuts Paramount Credit Rating Into Junk Territory

Paramount Global's credit rating has been lowered to junk status by S&P Global, which cited the toll of ongoing pay-TV declines as a key factor in its downgrade. The credit ratings agency lowered Paramount's rating to BB+ from BBB-.

Paramount Global Credit Rating Cut To Junk Status By S&P Due To “Downside Ratings Pressure” In Its TV Business

Kraft Heinz

This Berkshire/Buffett holdings-list from Kiplinger first-appeared 2/16/24 on the Berkshire Hathaway SEC Form13F. Kiplinger, YCharts, and Dogs-of-The-Dow all track this Berkshire batch. Here is your update from 3/25/24 YCharts data. 25 of 41 current Berkshire-owned-stocks pay dividends. As of 3/25/24 the top-ten ranged 2.6%-4.42% by annual-yield and 33 of 41 ranged 1.19% to 53.55% by broker-estimated target-price-upsides. Analyst-estimated top-ten net-gains from Berkshire's March divi-dogs ranged 8.68%-32.85% from DEO, HPQ, JEF, KO, KHC, CVX, PARA, AAPL, TMUS, and SIRI per YCharts data.

4 Buyable Berkshire DiviDogs For March

AMC Entertainment

Warner Bros Discovery Inc

There are some media stocks to sell that I believe are too risky for investors to hold onto. These brands are facing significant challenges, grappling with disruptions from streaming, cord-cutting and changes in consumer behavior.

3 Sorry Media Stocks to Sell in March While You Still Can

New York Yankees Captain and Dog Dad Will Guest Star as Himself in Spin Master's Hit Animated Series – Episode Premiering on Nickelodeon this Summer TORONTO, March 26, 2024 /PRNewswire/ - Baseball enthusiasts and pup fans alike are in for a treat with the announcement that former American League MVP and Captain of the New York Yankees, Aaron Judge, will appear in an upcoming episode of the popular preschool series Rubble & Crew, produced by Spin Master Entertainment. Much to the delight of preschoolers and families, the MLB superstar and dog dad will voice himself in the animated series, donning his signature New York Yankees uniform.

PAW Patrol® Spin-off Rubble & Crew™ Drafts MLB Superstar Aaron Judge for Upcoming Episode

Additional Season Two Guest Stars Revealed, Including Lance Bass, Jordan Chiles, Auliʻi Cravalho, Rob Gronkowski, Tony Hawk, The Miz, Amy Sedaris, Danny Trejo and More Share it: @Nickelodeon @NickelodeonFamily #TheTinyChefShow    Click HERE  for the trailer and HERE  for art.    BURBANK, Calif.

NICKELODEON SERVES UP BRAND-NEW EPISODES OF THE TINY CHEF SHOW BEGINNING MONDAY, APRIL 8

Paramount Global stock (NASDAQ NDAQ : PARA) rallied by close to 12% in Wednesday's trading following a report that private equity firm Apollo Global Management APO extended a $11 billion offer to purchase Paramount PARA Global's studio operations. The news comes at a time when the company is evaluating another offer from Skydance Media to merge with all of Paramount and could potentially set off a bidding war for the storied Hollywood studio.

With Its Studio Business Much Sought After, What's Next For Paramount?

Ares Commercial Real Estate

AGNC Investment

Ellington Financial

FS KKR Capital Corp

Kenvue

Realty Income Corp

Orchid Island Capital

Oxford Lane Capital

PIMCO Dynamic Income Fund

Pfizer

Ready Capital Corp

Triplepoint Venture Growth BDC

Trinity Capital

Verizon

XAI Octagon Floating Rate & Alternative Income Term Trust

Prior to February 29, 2024 my REaders mentioned 32 equities in their comments on my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: KVUE, PARA, OXLC, VZ,TPVC, O, PFE, FSC, RC, and EFC averaged 22.56% net gains from reader data collected 3/20/23. Ten analyst-target-augured February TOP-PRICE-UPSIDE reader faves & rogues (ReFa/Ro) were: FSK, TTE, CVX, VZ, KVUE, PARA, PFE, RC, O, & EFC boasting a 15.5% average target price upside estimate.

February Readers Noted 22 Ideal-To-Buy Dividend Dogs

Apollo Global Management

Paramount Global (PARA) shares lost ground Thursday as controlling shareholder Shari Redstone reportedly isn't interested in an $11 billion offer to buy the company's studio segment.

Redstone Reportedly 'Unconvinced' by Apollo's $11 Billion Bid For Paramount's Studio

After posting its best day on Wall Street in four months Wednesday, shares of Paramount Global fell Thursday after a report indicated the media conglomerate's controlling shareholder might not be interested in a reported $11 billion deal for the company's major film studio.

Paramount Stock Tumbles As $11 Billion Studio Deal Falls Into Doubt, Report Says

Paramount Global shares, which soared Wednesday on news that Apollo had made an $11 billion offer for Paramount Pictures, has slumped today after a report splashed cold water on the scenario.

News for Paramount Global Stock (PARA)