PARAMOUNT GLOBAL REPORTS FIRST QUARTER 2025 EARNINGS RESULTS - Paramount Glb (NASDAQ:PARA), Paramount Glb (NASDAQ:PARAA)
- On May 8, 2025, Paramount Global released its earnings report covering the period ending March 31, 2025.
- The report followed a period of strong performance including CBS’ 17th consecutive broadcast season, amid ongoing macroeconomic uncertainty felt by the industry.
- Paramount Global's array of well-known brands features CBS, MTV, Nickelodeon, BET, Comedy Central, Pluto TV, and Paramount Pictures, all supported by extensive content libraries and a range of streaming platforms.
- Paramount+ subscribers reached 79 million, growing 11% year over year, while total revenue decreased 6% but grew 2% excluding Super Bowl LVIII, with the scatter market rising double digits, noted as an early indicator by co-CEO Chris McCarthy.
- The company emphasized prioritizing key investments and streamlining expenses, maintaining positive upfront discussions despite macro concerns, with earnings details and a conference call accessible via its Investors homepage.
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Paramount Global said it expects the Skydance merger to close in the first half despite noise as it reported solid quarterly earnings buoyed by streaming, sports ads.
·Los Angeles, United States
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PARAMOUNT GLOBAL REPORTS FIRST QUARTER 2025 EARNINGS RESULTS
NEW YORK, May 8, 2025 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA) today announced financial results for the first quarter ended March 31, 2025.
·Madison, United States
Read Full ArticlePARAMOUNT GLOBAL REPORTS FIRST QUARTER 2025 EARNINGS RESULTS - Paramount Glb (NASDAQ:PARA), Paramount Glb (NASDAQ:PARAA)
NEW YORK, May 8, 2025 /PRNewswire/ -- Paramount Global (NASDAQ:PARA, PARAA)) today announced financial results for the first quarter ended March 31, 2025. ...Full story available on Benzinga.com
·New York, United States
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