Paramount Global (PARAA)
| Market Cap | 8.96B |
| Revenue (ttm) | 30.07B |
| Net Income (ttm) | -44.00M |
| Shares Out | 406.74M |
| EPS (ttm) | -0.15 |
| PE Ratio | n/a |
| Forward PE | 19.87 |
| Dividend | $0.20 (0.91%) |
| Ex-Dividend Date | Jun 17, 2024 |
| Volume | 78,096 |
| Open | 22.11 |
| Previous Close | 22.14 |
| Day's Range | 21.48 - 22.76 |
| 52-Week Range | 13.40 - 26.34 |
| Beta | 1.76 |
| Analysts | Hold |
| Price Target | 14.06 (-36.15%) |
| Earnings Date | Apr 29, 2024 |
About PARAA
Paramount Global operates as a media, streaming, and entertainment company worldwide. It operates through TV Media, Direct-to-Consumer, and Filmed Entertainment segments. The TV Media segment operates CBS Television Network, a domestic broadcast television network; CBS Stations, a television station; and international free-to-air networks comprising Network 10, Channel 5, Telefe, and Chilevisión; domestic premium and basic cable networks, such as Paramount+ with Showtime, MTV, Comedy Central, Paramount Network, The Smithsonian Channel, Nickelod... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for PARAA stock is "Hold." The 12-month stock price forecast is $14.06, which is a decrease of -36.15% from the latest price.
News
Paramount shares fall on report that Sony is reconsidering its bid
Shares of Paramount Global on Tuesday fell after CNBC reported that Sony is rethinking its bid for the company, the latest twist in the TV and movie producer's merger drama.
S&P 500 Gains and Losses Today: Paramount Global Sinks as Sony Reconsiders Bid
Major U.S. equities indexes hovered close to their flatlines for most of the session before rallying in the afternoon to end Tuesday higher.
Paramount Shares Dip On Report Sony “Rethinking” $26 Billion Bid
Shares of Paramount Global dipped suddenly in afternoon trading on a CNBC report that Sony and Apollo may be “rethinking” their joint bid for the company.
Sony rethinking its bid for Paramount, sources tell CNBC
CNBC's David Faber joins 'Power Lunch' to discuss reports that Sony is rethinking it's bid for Paramount.
Sony rethinking its bid for Paramount, CNBC reports
Sony Pictures is rethinking its bid for Paramount Global , CNBC reported on Tuesday, citing sources, sending the shares of the U.S. media company down more than 7%.
Media companies look to woo advertisers as spending shifts to digital
Media giants are gearing up to woo advertisers at the annual Upfronts this week. Here's what the media landscape looks like in a moment of disruption.
Frankford Candy Unveils New Treats, New Packaging at 2024 Sweets & Snacks Expo
Bite-sized Baskin-Robbins™ candy and mystery-flavored Krabby Patties debut at this year's show PHILADELPHIA , May 13, 2024 /PRNewswire/ -- Frankford Candy, the leader in manufacturing and marketing li...
Nobody knows what Paramount chair Shari Redstone wants to do with hard-to-sell conglomerate
Byron Allen, who wanted to buy Paramount from Shari Redstone for $30 billion is nowhere to be found in merger talks as no one seems to think he has the money.
Paramount's fate could go in 3 possible directions
Paramount Global is used to producing gripping dramas, but it likely didn't expect to end up starring in one. Yet, the road to a potential Paramount merger has taken several twists and turns.
PARA stock price forecast: what if Paramount is not acquired?
Paramount Global (NASDAQ: PARA) stock price has been in the spotlight this month as investors focused on its acquisition. It has already surged by almost 30% from its lowest level in March, outperform...
Sony Apollo Paramount Merger Wouldn't Reduce Theatrical Output, Though TV & Streaming Assets Would Be Shed
Should Sony and Apollo get their hooks into Paramount Global their strategy would be to keep theatrical release output steady between both studios –not reduced– while cutting the more burdonsome parts...
Sony, Apollo reportedly plan to break up Paramount if their buyout bid succeeds
Paramount Global's vast entertainment empire would be broken up if a buyout bid from Sony Pictures Entertainment and Apollo Global Management succeeds, according to a new report.
Paramount in talks to open its books to Sony, Apollo, sources say
Paramount Global is in talks about opening its books to a consortium of Sony Pictures and buyout firm Apollo Global Management interested in acquiring the U.S. media company, people familiar with the ...
Sony and Apollo plan to break up Paramount, NYT reports
Sony Pictures Entertainment and private equity firm Apollo Global Management plan to acquire Paramount Global for $26 billion and break up the company, the New York Times reported on Wednesday, citing...
Paramount Global Selects Amdocs' Vubiquity to Provide Managed Services for MTV Japan
Vubiquity will oversee licensing, programming, localization and broadcast operations for MTV Japan, as well as manage affiliate relationships JERSEY CITY, NJ / ACCESSWIRE / May 8, 2024 / Amdocs (NASDA...
Bryon Allen Still Wants to Buy Paramount
Media Mogul Byron Allen says he still wants to buy all or some of Paramount Global. He says raising capital isn't an issue, it's getting regulatory approval.
Apollo-Sony bid for Paramount could face antitrust hurdles from feds: sources
Apollo, which teamed with Sony to make a $26 billion all-cash bid for the Shari Redstone-controlled media conglomerate, faces an uphill fight to circumvent the FCC's 39% cap on the reach by local affi...
Three-Stock Lunch: Apple, Paramount & Charles Schwab
Victoria Greene, G Squared Private Wealth founding partner, joins 'Power Lunch' to discuss investment plays for three stocks, including Apple, Paramount, and Charles Schwab.
Paramount deal talks: How investors are viewing risks
Paramount Global (PARA) has entered into acquisition talks with Sony (SONY) and Apollo Global Management (APO), who proposed a joint bid of $26 billion to buy the media company. Last week, Paramount C...
Why Warren Buffett's Paramount bet may have cost him $1.5 billion
Famed investor Warren Buffett's Berkshire Hathaway placed a $2.7 billion bet on Paramount in 2022. It hasn't worked, at all — Buffett just said he has sold all his stock and lost "quite a bit of money...
Video streaming services see downloads, active users drop in April, BofA report shows
Video streaming services saw a drop in downloads and active users during April, a research note by Bank of America showed on Monday, citing data from Sensor Tower, likely pressured by heated competiti...
Paramount (PARA) Opens Negotiations with Sony & Apollo
Paramount (PARA) opens negotiations with Sony and Apollo. Paramount was offered $26B for the company last week, and Apollo may push to control CBS.
Warren Buffet discusses reducing stake in Apple, AI cautions, and selling Paramount
During Berkshire Hathaway's (BRK-A) annual meeting, Chairman and CEO Warren Buffett discussed the top market players and current trends the investment firm is closely monitoring. Yahoo Finance's Seana...
IHOP® Brings Imagination to Life With the Launch of the New Menu Inspired by Paramount Pictures' New Movie IF
PASADENA, Calif.--(BUSINESS WIRE)--Today, IHOP announced the introduction of its new menu inspired by the new movie IF, only in theatres May 17. The menu includes limited time offers full of colorfull...
Jeffrey Katzenberg On Paramount Drama – “Don't Count David Ellison Out”
Another big Hollywood name is rooting for a Paramount-Skydance deal as Jeffrey Katzenberg says that outcome would be “a great win for Paramount and for people in the industry.” Speaking a the Axios BF...