The headline numbers for Paramount Global-B (PARA) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Paramount Global-B (PARA) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of $0.10. This compares to earnings of $0.04 per share a year ago.
Paramount Global Inc. swung to a loss in the fourth quarter despite marked growth in its streaming service, as the company said it was still on target to close its merger with Skydance in the first half of this year.
Paramount Global fell short of Wall Street's fourth-quarter revenue expectations on Wednesday as a continued decline in its cable TV unit clouded higher-than-expected subscriber growth for its Paramount+ streaming platform.
Paramount Global confirmed today that despite all the noise it still expects the merger with Skydance to close in the first of the year as the company reported mixed quarterly numbers with misses on the top and bottom lines. Stock-based and other executive compensation was a one-time hit on earnings, Deadline hears.
Paramount Global moved a step closer to a deal, technically anyway, as the Securities and Exchange Commission made effective its registration statement, or S-4 outlining the transaction. It's a complicated process and can be a long as the Commission comes back and back with questions that need to be addressed to its satisfaction.
Media giant Paramount Global's channels, including CBS and Nickelodeon, will be unavailable on YouTube TV starting Thursday after the two companies failed to reach a contract renewal, both parties said.
Paramount has entered into a slate co-financing with Domain Capital Group for a minimum of 30 pictures.
Paramount Group is an internally managed REIT focused on New York and San Francisco office properties, with 13.8 million square feet across 18 properties. PGRE's Manhattan properties are 85% leased and comprise 73% of gross asset value, while San Francisco properties are 83.6% leased with rising vacancy rates. The Manhattan office market is expected to flourish due to office-to-residential conversions and return-to-office mandates, contrasting with San Francisco's high vacancy rates.
Media giant Paramount Global and Nielsen have signed a new deal that would see the research firm provide measurement and analytics services across the CBS parent company's platforms, ending a long-running dispute.
Paramount Global has officially renewed its contract with Nielsen, four months after hitting an impasse over cost of services. The deal spans multiple years, effective immediately, and includes measurement for all Paramount platforms including national and local broadcast, all cable networks, and streaming on Paramount+ and Pluto TV, Nielsen announced Monday.
Paramount Global has been in detailed discussions with Donald Trump's team about settling his lawsuit against CBS over the way that a 60 Minutes interview with Kamala Harris was edited last year, we can confirm. Any settlement would be an extraordinary concession to Trump.