NasdaqGS - Nasdaq Real Time Price ? USD Paramount Global (PARAA) Follow Compare 22.34 -0.24 (-1.06%) At close: November 15 at 4:00 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Trump vs. Media Moves Back to the White House The president-elect has threatened broadcast licenses and filed lawsuits against some networks. Executives are bracing for possible deal drama. The Wall Street Journal ? 3 days ago PARA -4.49% PARAA -1.06% Former CNN CEO Chris Licht: Viewers have 'lost trust' in legacy media Cable news companies continue to struggle amid a mass shift towards streaming and alternative media. Yahoo Finance ? 4 days ago PARA -4.49% PARAA -1.06% DIS BET PARTNERS WITH CISTUS MEDIA TO LAUNCH "SHOP WITH BET," A MARKETPLACE FOR BLACK-OWNED AND INCLUSIVE BRANDS Today, BET announced the launch of Shop With BET, a curated marketplace developed in partnership with Cistus Media. This marketplace highlights Black-owned and inclusive brands across various product categories. Just in time for the holiday season, Shop With BET offers a unique shopping experience for BET's audience, featuring selected items that celebrate Black founders, small businesses, and culturally inclusive products. This platform underscores BET's commitment to promoting equity and repre PR Newswire ? 5 days ago PARA -4.49% PARAA -1.06% PEPSI? and Regal Are Transforming a New York City Theatre Into the Roman COLAsseum For Exclusive Fan Event Celebrating Paramount Pictures' Highly Anticipated Gladiator II Film On Tuesday, November 19, PEPSI? and Regal are bringing Gladiator II fans into the Roman Colosseum "hypogeum" ahead of the release of Paramount Pictures' Gladiator II, only in theatres Friday, November 22. PR Newswire ? 5 days ago PARA -4.49% PARAA -1.06% THE LAND OF LEGENDS ANNOUNCES NEW NICKELODEON LAND AND NICKELODEON HOTEL On 15th January, 2025, The Land of Legends will open its doors to its newest attractions: Türkiye's first Nickelodeon Land, and first and only Nickelodeon Hotels and Resorts in the country. With three brand-new, fun-filled areas, a new hotel and the chance to meet Nickelodeon characters, the new attractions will immerse guests in a Nickelodeon adventure. PR Newswire ? 6 days ago PARA -4.49% PARAA -1.06% Paramount Global (PARA) Q3 2024 Earnings Call Highlights: Streaming Growth and Cost Savings ... Paramount Global (PARA) reports strong subscriber growth and cost reductions, despite challenges in TV media and licensing revenues. GuruFocus.com ? 9 days ago COMB.BR Media M&A unlikely to see uptick under Trump: CFRA analyst Following Donald Trump's reelection as the 47th President of the United States, media companies are closely monitoring potential regulatory changes that could affect merger and acquisition (M&A) prospects within the streaming space. Warner Bros. Discovery (WBD) CEO David Zaslav expressed optimism about potential industry changes, noting earlier this week that "it's too early to tell, but it may offer a pace of change and an opportunity for consolidation" that could be "positive" and accelerate the industry. CFRA Director of Global Fundamental Research Ken Leon tells Morning Brief that in the streaming space, legacy TV companies are "trying to catch up to Netflix (NFLX);" however, "it's a really tough battle." He emphasizes that "overshadowing" this dilemma are Big Tech companies increasingly entering the streaming space with their own platforms. "I don't think you're going to see these mega-mergers of... companies that are declining," he tells Yahoo Finance, adding that "technology has created a very different business model that's hard for some of these companies to catch up." Leon suggests that while a second Trump administration's regulatory policies might create a more merger-friendly environment in the space, the likelihood of large enterprises in the streaming sector being bought out or entering major deals is "probably not likely." While discussing earnings results from Paramount Global (PARA, PARAA) and WBD, Leon looks ahead to the expectations for Disney's (DIS) fiscal fourth quarter; Disney will report earnings on Thursday, November 14. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith Yahoo Finance Video ? 9 days ago NFLX WBD PARA -4.49% Paramount posts another quarter of streaming profit, but linear TV and studio struggles pressure revenue Paramount Global reported third quarter earnings before the bell on Friday that showed further strength in streaming. Yahoo Finance ? 9 days ago PARA -4.49% PARAA -1.06% Paramount Global Q3 Earnings Surpass Estimates, Revenues Fall Y/Y PARA's third-quarter results reflect softness in affiliate and content-licensing revenues despite the strong adoption of Paramount+. Zacks ? 9 days ago COMB.BR Paramount gains in streaming business, while Q3 TV sales lag Paramount’s third-quarter earnings reported mixed results. While the streaming business gains momentum with 3.5 million subscribers and a 18% jump in advertising revenue year-over-year, the company continues to struggle in its linear TV and studio segments. Yahoo Finance Senior Reporter Alexandra Canal joins Catalysts to break down the drop in stock price for Paramount Global (PARA) as well as the company’s outlook, including a merger with Skydance Media that's expected to close in 2025. Looking ahead to upcoming earnings for Disney (DIS), Canal expects a similar trend with strength in streaming, but headwinds in the company's linear TV business. To watch more expert insights and analysis on the latest market action, check out more Catalysts here.This post was written by Cindy Mizaku. Yahoo Finance Video ? 9 days ago DIS PARA -4.49% PARAA -1.06% Top Midday Stories: Tesla Tops $1 Trillion Market Cap; Boeing to Move Forward With Job Cuts, Reimburse Furloughed Workers Top Midday Stories: Tesla Tops $1 Trillion Market Cap; Boeing to Move Forward With Job Cuts, Reimburse Furloughed Workers PREMIUM MT Newswires ? 9 days ago TSLA BA AMZN Reaching profitability is Paramount's 'key focus': Analyst Paramount Global (PARA, PARAA) has reported mixed third quarter results. The media giant posted revenue of $6.73 billion, falling short of the estimated $6.95 billion. However, it beat on the profit front, reporting adjusted earnings per share of $0.49, above the expected $0.23. Bloomberg Intelligence senior media analyst Geetha Ranganathan joins Morning Brief to discuss Paramount's performance. Ranganathan notes that analysts' primary focus for media companies is not subscriber growth but rather "the turn in profitability." She explains that streaming services "have been losing money hand over fist," but now these companies, including Paramount, are working to cut costs and enhance their bottom line. "Profitability has been the key focus," Ranganathan states. "All of these companies, including Paramount, are losing money in their traditional TV business, so it's really important for them to show that they can make profits with this transition to the direct-to-consumer or the streaming segment." Looking ahead, Ranganathan suggests that the incoming Trump administration "bodes well" for the media industry as it is viewed as more "merger-friendly," potentially facilitating the consolidation that the sector needs. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith Yahoo Finance Video ? 9 days ago PARA -4.49% PARAA -1.06% Streaming Is a Bright Spot for Paramount as Income and Revenue Fall Paramount Global’s streaming business posted its second consecutive profitable quarter, as the entertainment company prepares to merge with David Ellison’s Skydance Media. The Paramount+ streaming service added 3. The Wall Street Journal ? 9 days ago PARA -4.49% PARAA -1.06% Paramount Streaming Revenue Rises, but Film and TV Struggle. The Stock Slips. The media and entertainment company’s shares are down 22% this year, compared with a 25% rise for the benchmark S&P 500. Barrons.com ? 9 days ago COMB.BR Paramount Reports Mixed Third-Quarter Results; Streaming Service Adds 3.5 Million Subscribers Paramount Reports Mixed Third-Quarter Results; Streaming Service Adds 3.5 Million Subscribers PREMIUM MT Newswires ? 9 days ago COMB.BR Here's What Key Metrics Tell Us About Paramount Global-B (PARA) Q3 Earnings Although the revenue and EPS for Paramount Global-B (PARA) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. Zacks ? 9 days ago COMB.BR Fed cut, Nvidia on the Dow, Airbnb and Paramount: 3 Things The Federal Reserve cut interest rates by 25 basis points on Thursday, while Fed Chair Jerome Powell said another rate cut in December is a possibility in a press conference that followed the announcement. Powell went on to say that President-Elect Donald Trump is "not permitted under the law" to remove him from his position at the central bank. Chip giant Nvidia (NVDA) replaces Intel (INTC) on the Dow Jones Industrial Average (^DJI), trading on the exchange beginning Friday. Airbnb (ABNB) shares reversed course in extended hours and are now falling following the homestay booking platform's third quarter revenue beat. While reporting major improvements in its streaming businesses, Paramount Global (PARA, PARAA) missed on revenue in its latest quarter. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan. Yahoo Finance Video ? 9 days ago ABNB PARA -4.49% PARAA -1.06% Paramount Global (PARAA) Q3 Earnings Top Estimates Paramount Global (PARAA) delivered earnings and revenue surprises of 22.50% and 1.98%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock? Zacks ? 9 days ago COMB.BR DIS Paramount Global-B (PARA) Q3 Earnings Beat Estimates Paramount Global-B (PARA) delivered earnings and revenue surprises of 104.17% and 2.71%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock? Zacks ? 9 days ago COMB.BR Paramount (NASDAQ:PARA) Reports Sales Below Analyst Estimates In Q3 Earnings Multinational media and entertainment corporation Paramount (NASDAQ:PARA) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 5.6% year on year to $6.73 billion. Its non-GAAP profit of $0.49 per share was 102% above analysts’ consensus estimates. StockStory ? 9 days ago COMB.BR Performance Overview Trailing total returns as of 11/15/2024, which may include dividends or other distributions. Benchmark is S&P 500 Return PARAA S&P 500 YTD +14.46% +23.08% 1-Year +39.67% +30.58% 3-Year -38.24% +25.36%
