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Paramount Global misses quarterly revenue estimates

Paramount Global misses quarterly revenue estimates as cable TV decline bites

Paramount Global fell short of Wall Street's fourth-quarter revenue expectations on Wednesday as a continued decline in its cable TV unit clouded higher-than-expected subscriber growth for its Paramount+ streaming platform.

The Motley Fool on MSN · 1d

Paramount Global Revenue Up, EPS Down

Paramount Global reported weaker-than-expected earnings, highlighting the challenges of its transition to streaming amid declining traditional media segments.

MarketWatch · 1d

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 Rolls Back DEI Policies

Deadline on MSN · 1d

Paramount Global Latest To Shift On DEI As Trump Directives Cycle Through Media

Paramount Global advised staff today of changes in the way the company approaches inclusion moving forward, the latest to capitulate to the Trump administration war on DEI

NBC News on MSN · 17h

Paramount ends DEI policies, cites Trump executive order

Among the changes, the company said it “will no longer set or use aspirational numerical goals related to the race, ethnicity, sex or gender of hires.” Paramount also said it ended its policy of collecting such stats for its U.S. job applicants on forms and career pages, except in the markets where it’s legally required to do so.

Paramount Is Rolling Back DEI Initiatives to Comply With Trump Mandates

Paramount Global's co-CEOs told employees it will change some of its DEI programs to comply with the Trump administration's directives.

16hon MSN

FCC Chairman Brendan Carr Suggests That Skydance-Paramount Merger Review Is Far From Finished

FCC Chairman Brendan Carr said that the agency’s review of the proposed Skydance-Paramount Global merger is far from finished ...

1don MSN

Paramount Sales, Profit Fall Short as TV Networks Decline

Paramount Global, the parent of CBS and MTV, reported fourth-quarter sales and profit that fell short of analysts’ ...

22hon MSN

Paramount expects to complete Skydance deal by summer

Paramount Global expects to finalize its sale to David Ellison's Skydance Media by summer, the company said Wednesday, ...

19h

Guggenheim Keeps Their Buy Rating on Paramount Global Class B (PARA)

Guggenheim analyst Michael Morris maintained a Buy rating on Paramount Global Class B (PARA – Research Report) yesterday and set a price target ...

1d

Paramount Global (PARA) Q4 2024 Earnings Call Highlights: Record Subscriber Growth and ...

Paramount Global (PARA) reports a 30% increase in adjusted OIBDA and a record high in free cash flow, while Paramount+ ...

1d

Paramount Pulls Back on D.E.I. Policies

The company has a merger with Skydance pending before the Federal Communications Commission, whose chief has criticized ...

22h

M&A News: Paramount (NASDAQ:PARA) Still Expects Merger to Land by Summer

Hope springs eternal in the human breast. And if you needed proof, just look to entertainment giant Paramount (PARA), who ...

Forbes on MSN1d

Paramount Rolls Back Diversity Hiring Targets: Here Are All The Companies Cutting DEI Programs

Following Trump's lead, organizations including Walmart, Lowe’s and Meta have announced they would scale back their ...

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