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Paramount Global Adds 3.5 Million Streaming Subs In Q3
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 Posts Q3 Streaming Profit of $49 Million and Adds 3.5 Million Subs, but Film and TV Revenue Fall
The latest quarterly results comes as the media giant’s pending $8 billion merger with
Skydance
Media is on track to close in the first half of 2025, subject to regulatory approval and customary closing conditions. Until then,
Paramount
continues to ...
Paramount Global Adds 3.5 Million Streaming Subs In Q3 But Revenues Fall 6% As TV & Film Dip
Paramount Global has posted lower year-on-year revenue in Q3, but Paramount+ added 3.5 million subscribers as DTC profit hit $49 million.
Paramount Posts $49M Streaming Profit Amid Gain of 3.5M Subs, Film Unit Swings Back to Black
The Hollywood giant posts its second quarterly direct-to-consumer profit in a row in its second results since agreeing to a sale to Skydance Media, which is on track to close in the first half of 2025.
Paramount+ Adds 3.5 Million Streaming Subscribers in Q3 2024 to Hit 72 Million
The Paramount streamer saw revenue grow by 25% in the quarter. Paramount Global is next in line to report its earnings for the third quarter of 2024. The company held its traditional conference call to discuss the earnings report with analysts on Friday,
Advanced Television
1m
Paramount adds subs but not profit
Paramount Global posted mixed Q3 numbers as its TV and film divisions slipped, but there was solid subscription growth and ...
2d
Shari Redstone to Exit Paramount Board Following Skydance Deal Close
Shari Redstone will leave the Paramount Global board once the media conglom's deal with Skydance Media closes in 2025.
17h
Paramount: Skydance Merger Set To Unlock Hidden Asset Value
Paramount’s undervalued assets could unlock significant upside. See why PARA stock is a strong pick for those looking for ...
19h
on MSN
Paramount to report Q3 earnings with Skydance merger in view
For the third quarter, Paramount is anticipated to report a direct-to-consumer (DTC) loss of $161.5 million, according to ...
2d
on MSN
Shari Redstone And Son Tyler Korff Won't Serve On Paramount Global Board After Close Of Skydance Merger
Shari Redstone and her son, Tyler Korff, do not intend to serve on Paramount Global’s board of directors after the close of ...
9d
on MSN
David Ellison Will Hold Full Control of Combined Paramount-Skydance Following Deal Close, per Updated Filing
will hold 100% percent of the Ellison family’s voting interests in the newly combined
Skydance
-
Paramount
. According to ...
9d
Skydance Clarifies That David Ellison, Not Larry, Will Control Paramount After Deal Closes
A month ago Skydance filed forms with the SEC suggesting that the Oracle founder could control Paramount after the deal ...
3d
Paramount Chair Shari Redstone Will Leave Board After Skydance Merger, Bloomberg News Reports
(Reuters) -Shari Redstone won't stay on the board of Paramount Global after the company completes its planned merger with ...
2h
Paramount Streaming Is a Bright Spot Amid Overall Revenue, Earnings Declines
Paramount’s streaming business posted its second consecutive profitable quarter, as the company prepares for a merger with David Ellison’s Skydance Media. The Paramount+ streaming service a ...
19h
The Paramount-Nielsen Contract Impasse Is In Its Second Month
The Paramount Global and Nielsen impasse is now in the second month. With multicurrency options, the standstill has impacted ...
Yahoo Finance
2d
Paramount Gave Up on Warner Bros. Merger After Months of Talks
The document filed Monday details the efforts that
Paramount
, the owner of CBS and MTV, made to find a buyer or partner ...
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