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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.

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

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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

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Earnings data Q1 2022

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Earnings data Q1 2024

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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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Warren Buffett, a longtime client of Byron Trott, also happens to be Paramount's biggest shareholder.

Shari Redstone banker's ties to Warren Buffett raise scrutiny amid Paramount sale talks

Paramount Global's (PARA) Pluto TV launches new free pop-up channel for fans gearing up for Super Bowl.

Paramount Global's (PARA) Pluto TV Launches Pop-Up Channel

NEW YORK , Jan. 16, 2024 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA) announced today that it will report fourth quarter and full year 2023 financial results on Wednesday, February 28, 2024. The company will conduct a conference call at 4:30 p.m.

Paramount Global to Report Fourth Quarter and Full Year 2023 Financial Results on February 28, 2024

Karisma Hotels & Resorts Transforms the Family-Friendly Paradise with a Snick Lounge, The Sweetery, and Exciting Expansions MIAMI , Jan. 16, 2024 /PRNewswire/ -- Karisma Hotels & Resorts, in partnership with Paramount, is thrilled to announce a host of exciting new openings and renovations that are taking place at the award-winning Nickelodeon Hotels & Resorts Punta Cana, Dominican Republic . Designed to create an unparalleled guest experience, the extensive transformation includes new enticing culinary experiences, updates to the resort's one-of-a-kind, immersive features, and an expansion of the family-favorite Aqua Nick® waterpark.

Nickelodeon Hotels & Resorts Punta Cana Unveils a Wave of Epic New Renovations

Disney

Warner Music Group

The rosy, demand-rich period of the COVID-19 pandemic is over, and media stocks haven't been faring well as of late. The sheer number of streaming services results in a dizzying array of things to watch.

The Next Media Giants: 3 Stocks to Buy for Blockbuster Returns

Coinbase

iRobot

Here's our daily look at three charts linked to recent news-driven price moves, with important technical levels to monitor.

3 Charts For Investors to Watch Thursday: Coinbase, Paramount Global, iRobot

Paramount Global stock has plunged since early 2021 for several reasons. Berkshire Hathaway began buying shares in 2022 Q1 and now owns over 15% of Paramount.

This Warren Buffett Stock Has Plunged 85%. Is It a No-Brainer Buy Right Now?

Skydance Media, the independent Hollywood studio, is reportedly in the initial stages of negotiating an all-cash acquisition of National Amusements, the parent company of media conglomerate Paramount Global (NASDAQ:PARA). This potential deal, as detailed by The Wall Street Journal, could eventually lead to the merger of Skydance and Paramount.

Tech billionaire Larry Ellison and son reportedly go after Paramount

Skydance Media is in early talks over an all-cash offer for National Amusements, the parent of media giant Paramount Global, in an effort that would eventually merge both Skydance and Paramount, the Wall Street Journal reported on Wednesday.

Skydance investors discussing two-part plan to merge with Paramount: report

Shari Redstone is launching a formal auction of National Amusements, the holding company that controls struggling media giant Paramount Global, The Post has learned.

Shari Redstone launches auction of Paramount Global's holding company: sources

Skydance Media CEO David Ellison is looking into acquiring National Amusements, the parent company of Paramount Global (NASDAQ:PARA), according to reporting from the Wall Street Journal.  Ellison is reportedly exploring an all-cash bid financed by Skydance investors including the Ellison family, Tencent and RedBird Capital, a source familiar with the matter said Wednesday.

Skydance CEO explores buying Paramount Global's parent company with an eye on a potential blockbuster merger: report

Skydance Media CEO David Ellison is exploring an all-cash bid to acquire entertainment giant Paramount Global's parent National Amusements, the Wall Street Journal said in a report on Wednesday, citing people familiar with the matter.

Skydance Media CEO exploring all-cash bid to take control of Paramount - WSJ

CEO David Ellison, father Larry Ellison and other investors are in talks to buy Shari Redstone's stake in National Amusements, Paramount's parent.

Skydance Backers Explore All-Cash Deal to Gain Control of Paramount

Comcast

Netflix

Warner Bros Discovery Inc

Wall Street wants legacy media companies to prove that streaming can be a profitable model, but it has yet to be convinced.

Here's what Wall Street wants to see from Hollywood this year

AT&T

A movie studio founded by four brothers–immigrants from Poland in the 1890s–was incorporated in 1923 as Warner Bros.

Warner Brothers Discovery (WBD) Stock Price Prediction in 2030: Bull, Base & Bear Forecasts

Amazon

Mastercard

Sirius XM Holdings Inc

The Oracle of Omaha has run circles around the broader market for nearly 60 years. Four time-tested companies with well-defined competitive advantages are ripe for the picking by opportunistic investors in 2024.

4 Warren Buffett Stocks That Are Screaming Buys in 2024

This growth company is planning price increases in 2024 to increase profitability.

1 Warren Buffett Growth Stock Down 85% to Buy Hand Over Fist in 2024

Archer-Daniels-Midland Company

Air Products and Chemicals

Cincinnati Financial

Con Ed

Kimberly-Clark

There are going to be some heavy-hitting dividend stocks that announce dividend increases in January. With the S&P 500's strong December and a rosy economic forecast for 2024, I'm curious if that will change the Cincinnati Financial management's dividend expectations for 2024. What surprised me about this list is the number of companies that are Dividend Kings or are on the verge of becoming a Dividend King.

6 Expected Dividend Increases In January 2024

Paramount Global's shares have been rising on rumors of a potential sale or merger in recent months. The company's Q3 earnings beat estimates, with improved revenues and bottom-line performance, signaling a positive outlook for the future. Paramount's streaming business is gaining momentum, with increased DTC revenues and subscribers, and plans for expansion, making it an attractive investment.

Paramount Global: Time To Turn Bullish

Top U.S. cable operator Comcast has reached a carriage renewal with Paramount Global, averting a potential blackout of service around the New Year's holiday. The deal, confirmed to Deadline by a Paramount spokesperson, comes before the expiration of the current pact at the end of the year.

Comcast And Paramount Reach Carriage Renewal, Averting Blackout

Franklin Resources

Clorox

Expeditors International of Washington

Hormel Foods

Principal Financial Group

Robert Half Int.

Snap-on

T. Rowe Price Group

Now's the time when hopes run high for S&P 500 stocks next year. That's why it's helpful to note the stocks that analysts are bearish on going into a new year.

Analysts Really Think You Should Dump These 10 Stocks By Year-End

Shari Redstone's National Amusements, the controlling shareholder of Paramount Global, has confirmed it was the victim of a hack that affected more than 82,000 people.

Paramount, CBS Owner National Amusements Confirms Cyberattack Affecting 82,000 People

National Amusements, the cinema chain and corporate parent giant of media giants Paramount and CBS, has confirmed it experienced a data breach in which hackers stole the personal information of tens of thousands of people.

CBS, Paramount owner National Amusements says it was hacked

Charter Communications

Media companies could end up embracing more bundles as they seek to reverse streaming losses.

2024 is shaping up to be the year of the streaming bundle

The CEOs of Warner Bros. Discovery and Paramount reportedly met this week to discuss a potential merger.

News for Paramount Global Stock (PARA)