Paramount Global (PARA)
|Net Income (ttm)
|Mar 14, 2024
|11.02 - 11.39
|10.51 - 24.00
|Feb 28, 2024
Paramount Global operates as a media and entertainment company worldwide. The company operates through TV Media, Direct-to-Consumer, and Filmed Entertainment segments. Its TV Media segment operates domestic and international broadcast networks, including CBS Television Network, Network 10, Channel 5, Telefe, and Chilevisión; and cable networks comprising Paramount Media Networks, Nickelodeon, BET Media Group, and CBS Sports. The company's Direct-to-Consumer segment provides portfolio of domestic and international pay and free streaming services... [Read more]
In 2022, PARA's revenue was $30.15 billion, an increase of 5.49% compared to the previous year's $28.59 billion. Earnings were $1.10 billion, a decrease of -75.70%.Financial Statements
According to 21 analysts, the average rating for PARA stock is "Hold." The 12-month stock price forecast is $15.9, which is an increase of 43.37% from the latest price.
Paramount Global Downgraded Again To “Credit Watch Negative” By Ratings Agency S&P Due To “Weak” Cash Flow Trends
Paramount Global has been downgraded by credit ratings agency S&P to “credit watch negative” due to discouraging trends in its cash flow.
NEW YORK , Feb. 22, 2024 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per share on both its Class ...
Paramount-Peacock merger could help to compete with Netflix: Analyst
Paramount+ (PARA) and NBC's Peacock are in talks to join forces. What could this potential merger mean for the greater media landscape and other streaming platforms?
We Just Downgraded These 2 Stocks. Is It Time to Sell?
#Morningstar #WarnerBros #StockInvesting We've lowered the Morningstar Economic Moat Ratings on these companies to none from narrow. 00:00 Introduction 02:06 Warner Bros.
Berkshire Hathaway dumped a small portion of its Apple shares. The fourth-quarter selloff involved 10 million of the tech giant's stocks, an SEC filing showed.
The development comes after Fox, Walt Disney's ESPN and Warner Bros Discovery said earlier this month they would launch a joint sports streaming service from their broad portfolio of professional and ...
Paramount is in trouble: The one-time media giant's ad sales are plummeting, and so is its stock price. Would-be buyers are kicking the tires, but no one seems in a hurry to make a deal — the price wi...
Paramount Global has held recent talks with Comcast about joining forces in streaming through a partnership or joint venture, among several potential strategic options the entertainment company is pur...
Berkshire Hathaway, the conglomerate run by billionaire investor Warren Buffett, offloaded about 30.4 million shares from its investment in Paramount Global.
Berkshire Hathaway Sells Shares Of Apple (AAPL) & Paramount (PARA)
Berkshire Hathaway trims its stake in Apple (AAPL) and Paramount (PARA). Jeff Pierce discusses this as Berkshire Hathaway sold 30.4M shares of Paramount and 10M of Apple.
This year with more media mergers and acquisitions anticipated, one of the biggest questions is whether Paramount PARA PARA Global will be sold. There have been indications that Shari Redstone, a cont...
Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) sold off about 10 million shares or nearly $2 billion of Apple (AAPL) stock in the final quarter of 2023, according to the firm's 13-F filing, among ...
Shares of Paramount Global traded in the red after hours on Wednesday following the news that Warren Buffett's Berkshire Hathaway pared its holdings in the company.
Berkshire Hathaway owned a 15% stake in Paramount, which has been exploring a possible sale, and the expectation is that he will soon dump his remaining position, a source told The Post.
Berkshire sold 10 million shares of Apple and now holds 905 million shares, or nearly half of the company's equity portfolio.
The companywide layoffs at Paramount Global impacted about 20 employees at CBS News, including correspondents Catherine Herridge and Jeff Pegues, several sources said today. CBS News did not comment o...
Paramount will focus its resources on its "most powerful, resonant franchises, films and series" and produce fewer local, international originals, CEO Bakish had said.
Chief Executive Bob Bakish says in an internal company memo that returning Paramount to earnings growth is a top priority.
Company that owns CBS, broadcaster of NFL showpiece, announces 3% reduction in global workforce
Paramount Global is reportedly cutting 800 jobs on the heels of a record audience of 123 million views for Super Bowl Sunday, according to an internal memo published by the The Hollywood Reporter
Paramount Global said on Tuesday it is laying off about 800 employees, or roughly 3% of its workforce, CNBC reported, citing a person familiar with the matter.
Paramount Global is opened in the red this morning after announcing plans of lowering its headcount by about 3.0%. The mass media company will lay off some 800 employees in total.
Paramount Global Layoffs Begin; CEO Bob Bakish Tells Departing Employees, “Your Talents Have Helped Us Advance Our Mission”
Paramount Global has begun a planned round of layoffs, telling U.S.-based employees that those affected by the cutbacks will be notified by the end of Tuesday. An internal memo from CEO Bob Bakish (re...