Paramount Global Misses Quarterly Revenue Estimates on Continued Cable TV Declines
Paramount reported an adjusted per-share loss from continuing operations of 11 cents, while analysts were expecting, on average, a profit of 12 cents per share.
Paramount+ Nets 5.6 Million Subs in Q4, Company Sees Loss on Surge in Operating Costs
Even so, the Paramount+ streaming service notched 5.6 million new subscribers during the quarter, while revenue tied to film soared on the releases of “Gladiator II” and “Sonic the Hedgehog ...
Paramount Global Swings to 4Q Loss Despite Higher Revenue
Paramount Global swung to a loss in the fourth quarter hurt by restructuring charges and other costs, though revenue rose. The entertainment company on Wednesday posted a loss of $224 million, or 33 cents a share,
Paramount Global-B (PARA) Reports Q4 Loss, Misses Revenue Estimates
Paramount Global-B (PARA) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of $0.10. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.
Paramount Misses Q4 Expectations, But Narrows Streaming Losses 42% to $286 Million
Paramount Global missed Wall Street expectations in its fourth quarter of 2024, after its results were weighed down by operating losses in direct-to-consumer and filmed entertainment divisions and lower revenue and operating profit in its TV/Media segment.
Denzel Washington’s 71% Rotten Tomatoes Legacy Sequel Just Lost Its Top Streaming Spot
Gladiator 2 has been the biggest movie on Paramount+ for weeks, but it finally lost its top spot to the newly-premiered Sonic ...
Paramount Sees Skydance Merger Closing In First Half As Streaming & ‘Sonic’ Bright Spots In Mixed Q4
Paramount Global confirmed today that despite the noise it still expects the merger with Skydance to close in the first half ...
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7 Secrets Your Paramount+ Subscription Includes for Free
Not every big Paramount film to hit Paramount+ gets a slew of special features, but there are enough to keep movie fans busy. Some of the standouts include Gladiator II and Sonic the Hedgehog 2.