Paramount Global (PARA)
| Market Cap | 6.84B |
| Revenue (ttm) | 29.65B |
| Net Income (ttm) | -608.00M |
| Shares Out | 623.44M |
| EPS (ttm) | -1.02 |
| PE Ratio | n/a |
| Forward PE | 10.25 |
| Dividend | $0.20 (1.82%) |
| Ex-Dividend Date | Jun 17, 2024 |
| Volume | 9,799,996 |
| Open | 10.79 |
| Previous Close | 10.81 |
| Day's Range | 10.76 - 11.18 |
| 52-Week Range | 10.12 - 24.00 |
| Beta | 1.78 |
| Analysts | Hold |
| Price Target | 14.32 (+30.54%) |
| Earnings Date | Apr 29, 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 21 analysts, the average rating for PARA stock is "Hold." The 12-month stock price forecast is $14.32, which is an increase of 30.54% from the latest price.
News
Sony, Apollo discuss joint bid for Paramount, says source
Sony Pictures Entertainment and Apollo Global Management are discussing making a joint bid for Paramount Global , according to a person familiar with the matter.
Sony Is Said to Be in Talks With Apollo on Joint Paramount Bid
Bloomberg has learned that Sony Group Corp. and Apollo Global Management Inc. are considering teaming up in a bid for the film and TV giant Paramount Global. The two companies haven't submitted an off...
Sony in talks with Apollo to team up on bid to buy Paramount: sources
Sony Group and Apollo Global Management are in talks to team up on a bid for Paramount Global, sources told The Post on Thursday.
Paramount shares rise after Sony, Apollo reportedly seek to join deal talks
Shares of Paramount Global traded higher following a report that Sony's movie studio division is in talks with Apollo Global Management about joining a bid for Paramount.
Sony In Talks To Team With Apollo In Bid For Paramount Global
Remember those rumors, oh, eight years ago about how Sony was a target for acquisition? No more. Still, don't say merger yet. Deadline has confirmed that Sony Picture Entertainment CEO Tony Vinciquerr...
Sony Joins Talks To Buy Paramount—Boosting Paramount Shares 12%
Sony and investment firm Apollo Management are in talks about a joint buyout of Paramount Global, according to multiple outlets, sending Paramount shares up around 12% in after-hours trading Thursday.
PARAMOUNT GLOBAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Potential Sale of Paramount Global - PARA
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the potential sale of Paramount Globa...
Paramount not expected to reach deal with Skydance by 30-day deadline: report
The two companies will not likely strike a deal by May 3, which is when the exclusive window expires, CNBC's David Faber said Wednesday.
Looming Paramount Global Deal
Jon Klein, HANG Media Co-Founder, takes us through the possible Paramount deal as Media mogul David Ellison is in talks to take control of Paramount and merge it with his production company Skydance M...
Mario Gabelli comes out against Paramount's merger with Skydance: ‘I'd rather see no sale'
"There's no question I'd rather see no sale," Gabelli told The Post in an interview on Friday.
Hedge fund Barington urges Paramount to scrap talks with Skydance
Hedge fund Barington Capital on Friday urged Paramount Global to scrap its exclusive merger talks with Skydance Media, arguing all shareholders would benefit if the company looked at other potential b...
Paramount shareholders grow increasingly vocal about possible Skydance Media merger
Some Paramount Global investors are speaking out about a possible merger with Skydance Media, calling on the U.S. media conglomerate to look at other options and to treat shareholders equitably if thi...
Paramount plans to trim size of its board amid merger talks
Paramount Global on Thursday said it plans to trim the size of its 11-member board of directors to seven, as it continues exclusive merger talks with Skydance Media.
Paramount to shrink board size to 7 as Skydance deal talks escalate
A deal would combine Paramount with Skydance, which is behind films such as "Top Gun: Maverick" and "Mission: Impossible - Dead Reckoning Part One."
Paramount plans to shrink board to seven directors amid Skydance deal talks
Paramount Global disclosed on Thursday that it plans to reduce its board to seven directors from 11 currently amid reports that the entertainment giant controlled by Shari Redstone was discussing a me...
Handful Of Paramount Directors Leaving Amid Skydance Talks; CEO Bob Bakish Compensation Topped $31 Million In 2023
Four directors of Paramount Global are not standing for re-election, an SEC filing has confirmed, paring the board down to seven directors. Shareholders will vote on directors and other matters at the...
As Paramount Shareholders Slam A Skydance Deal, Four Directors Said To Be Exiting Board: Could Threat Of Legal Action Derail Talks?
The temperature is rising as Paramount Global's common shareholders continue to publicly and privately bash a possible acquisition by David Ellison's Skydance Media with terms they insist would mainly...
Paramount Integrates Commerce as Media Giants Compete With TikTok Shop
With social apps leading the charge in shoppable content, more traditional entertainment companies such as Paramount are seeking new solutions to hold their own amid the rise of commerce-integrated me...
Paramount Global Shares Hit 14-Year Low—Then Rebound—As Board Members Reportedly Depart Amid Merger
Shares of Paramount Global briefly plummeted more than 7% in intraday trading Wednesday, hitting a 14-year low before recovering to close down 4.3%, as four company board members reportedly prepare to...
Paramount Global Declares Quarterly Cash Dividend
NEW YORK , April 10, 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...
Four Paramount Directors to Step Down as Company Discusses Skydance Merger
The directors' expected departures come at a sensitive time for Paramount Global.
Three directors to leave Paramount board as company holds merger talks: report
Three of Paramount Global Inc.'s directors are expected to step down from the media conglomerate's board in the coming weeks as it continues talks over a potential merger, the Wall Street Journal repo...
Three Paramount board members to step down amid talks to merge with Skydance: report
A merger could result in Ellison combining Paramount with his independent media house that is behind films such as "Top Gun: Maverick" and "Mission: Impossible - Dead Reckoning Part One."
Three Paramount board members to step down amid talks to merge with Skydance, WSJ reports
Three members on the board of Paramount Global are expected to exit the entertainment giant amid merger talks with Skydance Media, the Wall Street Journal reported on Wednesday.
Will David Ellison's dad help him save Paramount?
Producer David Ellison trying to take control of Paramount, the troubled media company. Ellison's father, Oracle founder Larry Ellison, is expected to help finance the proposed deal.