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Paramount Gains Streaming Subscribers
Paramount Gains Streaming Subscribers But Film, TV Sales Drag
Paramount Global, the parent of CBS, MTV and its namesake Hollywood movie studio, reported big gains in streaming subscribers in the third quarter, but overall sales were weaker than expected due to declines in TV and film revenue.
Paramount Posts Q3 Streaming Profit of $49 Million and Adds 3.5 Million Subs, but Film and TV Revenue Fall
But the overall results for the company were mixed, with total revenue falling 6% year over year, weighed down by a 71% plummet in theatrical revenue and 6% drop in TV Media revenue. Paramount shares fell over 5% during Friday's trading session following the release of the quarterly results.
Paramount revenue misses as cable, studio declines dull streaming gains
(Reuters) -Paramount Global missed quarterly revenue estimates on Friday as weakness in the media giant's studio and cable businesses outweighed strong subscriber growth at its streaming service after the return of NFL.
Hosted on MSN
11h
Paramount Global Adds 3.5 Million Streaming Subscribers in Q3 Bruised by TV, Movie Declines
Paramount
Global added 3.5 million new subscribers to broadband services like Paramount+ in its third quarter, but those ...
TVNewsCheck on MSN
5h
Political And DTC Lead The Way For Paramount
Record political advertising helped buoy the results, as did the underreporting of an international sales partner.Overall, ...
The Desk on MSN
3h
Paramount adds 4 million streaming subscribers during Q3
Paramount posted a second consecutive quarter of streaming profit, though it did not come without some pain. This article, ...
1d
The Paramount-Nielsen Contract Impasse Is In Its Second Month
The Paramount Global and Nielsen impasse is now in the second month. With multicurrency options, the standstill has impacted ...
1d
Actor Luke Grimes talks final chapter of "Yellowstone": "It starts high and ends higher"
"Yellowstone" star Luke Grimes spoke to "CBS Mornings" about what to expect as the beloved show nears its end and what's next for him.
9h
Paramount Global Streams New Subscribers
Paramount Global delivered better-than-expected earnings in Q3 2024, driven by strong streaming growth, despite challenges in ...
9h
on MSN
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.
10h
on MSN
Paramount Global beats profit estimates on streaming growth, cost cuts
(Reuters) -Paramount Global surpassed quarterly profit estimates on Friday as the media giant benefited from cost controls ...
1d
Paramount: Skydance Merger Set To Unlock Hidden Asset Value
Paramount’s undervalued assets could unlock significant upside. See why PARA stock is a strong pick for those looking for ...
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