Paramount Global (PARA)
| Market Cap | 7.06B |
| Revenue (ttm) | 28.87B |
| Net Income (ttm) | -5.48B |
| Shares Out | 666.98M |
| EPS (ttm) | -8.30 |
| PE Ratio | n/a |
| Forward PE | 7.11 |
| Dividend | $0.20 (1.89%) |
| Ex-Dividend Date | Dec 16, 2024 |
| Volume | 8,526,091 |
| Open | 10.35 |
| Previous Close | 10.33 |
| Day's Range | 10.29 - 10.60 |
| 52-Week Range | 9.54 - 17.50 |
| Beta | 1.77 |
| Analysts | Sell |
| Price Target | 12.17 (+15.03%) |
| Earnings Date | Nov 8, 2024 |
About PARA
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 17 analysts, the average rating for PARA stock is "Sell." The 12-month stock price forecast is $12.17, which is an increase of 15.03% from the latest price.
News
Shari Redstone paid off $186M loan to Paramount's lenders — with bulk of cash coming from Larry Ellison: sources
The 70-year-old daughter of the late media titan Sumner Redstone forked over $186 million last month owed to creditors of National Amusements — the holding company that owns 77.5% of Paramount's votin...
Major Paramount shareholder Mario Gabelli urges FCC to delay key decision on Skydance merger
Gabelli requested the delay so that he could probe for “potential fiduciary and/or federal securities violations” against Paramount's minority shareholders.
Paramount Shareholder Mario Gabelli Asks FCC To Delay Review Of Skydance Merger Pending His Request For More Financial Details
Longtime Paramount Global shareholder Mario Gabelli, who had agitated against iterations of the Skydance-Paramount merger deal, is stepping up his campaign for more transparency around the deal. Lawye...
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
Fans can sign up to RSVP for the free, immersive activation to get hyped for the upcoming Paramount Pictures film Gladiator II, only in theatres everywhere on November 22. They'll be transported to "T...
Paramount Revenue Is Down: Analyst Remains Optimistic That 'Gladiator II' And 'Sonic 3' Can Help
Paramount Global ‘s PARA third-quarter 2024 financial results reflect a mixed performance across various segments.
Paramount Co-CEO Chris McCarthy Feels Good About Paramount+'s Position “To Remain A Standalone”
“We feel good about our position and our ability to remain a standalone.” That was Paramount Co-CEO Chris McCarthy's update on the status of Paramount+, delivered on this morning's third-quarter earni...
Paramount Global (PARA) Q3 2024 Earnings Call Transcript
Paramount Global (NASDAQ:PARA) Q3 2024 Earnings Conference Call November 8, 2024 8:30 AM ET Company Participants Jaime Morris - EVP of IR Brian Robbins - President and CEO Chris McCarthy - President ...
Paramount's earnings lag estimates as streaming gains are offset by weak film and TV revenue
The company still expects to close its merger with Skydance, the studio run by David Ellison, in the first half of 2025.
Paramount Earnings Highlight Streaming Growth. The Stock Rises.
The media and entertainment company's shares are down 22% this year, compared with a 25% rise for the benchmark S&P 500.
Paramount Global Adds 3.5 Million Streaming Subs In Q3 But Revenues Fall 6% As TV & Film Dip
Paramount Global posted mixed third quarter financial numbers, but its leaders are pointing to solid subscription growth and profits at Paramount+ and cost reductions as signs their plan is “working.”...
Paramount Global posts sales miss on weak box office, cable TV declines
Paramount Global missed quarterly revenue estimates on Friday as a lack of big hits at the box office and declines in its cable business outweighed better-than-expected subscriber growth at its stream...
Paramount Global Reports Third Quarter Earnings Results
NEW YORK , Nov. 8, 2024 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA) today announced financial results for the third quarter ended September 30, 2024. Please visit the Paramount Investors ho...
The Paramount-Nielsen Contract Impasse Is In Its Second Month
The Paramount Global and Nielsen impasse enters the second month. Nielsen's last agreement with Paramount expired at the end of September and while the two parties continue to talk, five weeks later n...
Behind the Warner Bros. Discovery-Paramount deal that never was
David Ellison, Larry Ellison's son, is set to take over Paramount. Not David Zaslav, the CEO of Warner Bros.
Ariat and Yellowstone Launch Western Collab That's Pure Dutton Ranch Style Designed with Johnetta Boone
Designed by Ariat in collaboration with Yellowstone costume designer Johnetta Boone, fans can see the stunning limited-edition collection in the hit Paramount Network show's new season and shop the lo...
'Jeopardy!' and 'Wheel of Fortune' at Center of Legal Feud Between Sony and CBS
Sony alleges that CBS, which distributes the shows, has hurt profitability for the franchises.
Buy 2 October Berkshire DiviDogs And Watch 6 More
This Berkshire/Buffett holdings-list from Kiplinger first-appeared 8/16/24 on BKH's SEC-Form-13F. Kiplinger, and YCharts both track this BRK batch. Here is your update from 10/28/24 YCharts data. 25 o...
Alphabet says Spotify, Paramount sign to use new cloud chip
Google Cloud, a unit of Alphabet Inc , said on Wednesday that Spotify Technology and Paramount Global are using a new chip that it designed with technology from Arm Holdings to power their streaming s...
The 16th Skechers Pier to Pier Friendship Walk Raises Over $3.4 Million for Kids
LOS ANGELES--(BUSINESS WIRE)--The 16th Skechers Pier to Pier Friendship Walk Raises Over $3.4 Million for Kids.
David Ellison Will Hold 100% Of Family Interest In Paramount When Skydance Deal Closes
An amended FCC filing by Skydance today says that David Ellison will hold 100% of the Ellison family's interest in Paramount once that deal closes. The clarification is an attempt to allay concern tha...
THE "BET BLACK MEN'S SUMMIT" CREATES AN EMPOWERING SPACE FOR BLACK MEN TO ADDRESS COMPLEX TOPICS AND AMPLIFY THEIR VOICES AHEAD OF 2024 PRESIDENTIAL ELECTION
AIRING TUESDAY, OCTOBER 29, 2024, AT 10 PM ET/9 PM CT ON BET HOSTED BY D.L. HUGHLEY, A DYNAMIC, IN-DEPTH DISCUSSION ADDRESSING ECONOMIC, SOCIAL, AND POLITICAL TOPICS OF IMPORTANCE TO BLACK MEN FEATURI...
KAMALA HARRIS NAMED WINNER OF NICKELODEON'S KIDS PICK THE PRESIDENT "KIDS' VOTE" POLL
BRAND-NEW KIDS PICK THE PRESIDENT SPECIAL, HOSTED BY NATE BURLESON AND HIS DAUGHTER MIA, DEBUTS TONIGHT AT 8 P.M. (ET/PT) ON NICKELODEON PLATFORMS AND PARAMOUNT+ Share it: @Nickelodeon #KidsPickthePre...
Yellow Rose by Kendra Scott Announces Capsule Yellowstone Collection
The styles honor the iconic Yellowstone Dutton Ranch and Beth and Rip's love story AUSTIN, Texas , Oct. 23, 2024 /PRNewswire/ -- Inspired by the excitement surrounding the return of the fifth season o...
Paramount Global Director Charles Phillips, Who Questioned Skydance Deal, Resigning From Board
Paramount Global board member Charles Phillips, who raised questions about Skydance Media's offers during the companies' months-long merger saga, is resigning from the board. In an SEC filing Friday m...
Paramount assures bonus payouts for co-CEOs even if they exit roles
Paramount Global's board has approved awarding the previously declared annual bonus payments for its three co-CEOs even if they are no longer at the helm, according to a filing on Tuesday.