Paramount Global (PARAA)

NASDAQ: PARAA · IEX Real-Time Price · USD
22.20
+0.88 (4.13%)
At close: Mar 27, 2024, 4:00 PM
22.88
+0.68 (3.06%)
After-hours: Mar 27, 2024, 7:06 PM EDT

Company Description

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, Nickelodeon, BET Media Group, and CBS Sports Network; and international extensions of these brands.

This segment also offers domestic and international television studio operations, including CBS Studios, Paramount Television Studios, and Showtime/MTV Entertainment Studios; CBS Media Ventures, which produces and distributes first-run syndicated programming; and digital properties consisting of CBS News Streaming and CBS Sports HQ.

The Direct-to-Consumer segment provides a portfolio of domestic and international pay and free streaming services, including Paramount+, Pluto TV, BET+, and Noggin.

The Filmed Entertainment segment produces and acquires films, series, and short-form content for release and licensing around the world, including in theaters, on streaming services, on television, through digital home entertainment, and DVDs/Blu-rays; and operates a portfolio consisting of Paramount Pictures, Paramount Players, Paramount Animation, Nickelodeon Studio, Awesomeness, and Miramax.

It also offers production, distribution, and advertising solutions. The company was formerly known as ViacomCBS Inc. and changed its name to Paramount Global in February 2022.

The company was founded in 1914 and is headquartered in New York, New York. Paramount Global is a subsidiary of National Amusements, Inc.

Paramount Global
Paramount Global logo
Country United States
Founded 1986
Industry Entertainment
Sector Communication Services
Employees 21,900
CEO Robert Marc Bakish

Contact Details

Address:
1515 Broadway
New York, New York 10036
United States
Phone 212-258-6000
Website paramount.com

Stock Details

Ticker Symbol PARAA
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency USD
CIK Code 0000813828
CUSIP Number 92556H107
ISIN Number US92556H1077
Employer ID 04-2949533
SIC Code 4833

Key Executives

Name Position
Robert Marc Bakish President, Chief Executive Officer and Director
Naveen K. Chopra Executive Vice President and Chief Financial Officer
Christa A. D'Alimonte Executive Vice President, General Counsel and Secretary
Nancy Ramsey Phillips Executive Vice President and Chief People Officer
Doretha F. Lea Executive Vice President of Global Public Policy and Government Relations
Jo Ann Ross Chairman of Paramount Advertising
Katherine M. Gill-Charest Executive Vice President, Controller and Chief Accounting Officer
Philip R. Wiser Executive Vice President and Chief Technology Officer
Stephen D. Mirante Executive Vice President and Chief Administrative Officer
Jaime Sue Morris C.F.A., CPA Executive Vice President of Investor Relations

Latest SEC Filings

Date Type Title
Mar 13, 2024 8-K Current Report
Feb 28, 2024 10-K Annual Report
Feb 28, 2024 8-K Current Report
Feb 14, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Feb 13, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Jan 29, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Jan 26, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Nov 17, 2023 8-K Current Report
Nov 17, 2023 8-K Current Report
Nov 13, 2023 8-K Current Report