B Q3 2024 EARNINGS - SEGMENTS DIRECT-TO-CONSUMER OVERVIEW DTC profitability improved significantly year-over-year. Sports, including the return of the NFL and UEFA, originals like Tulsa King, which saw the biggest global debut in platform history for season Ž, and Mayor of Kingstown, as well as post-theatrical releases, such as A Quiet Place: Day One and IF, all drove acquisition in the quarter. Pluto TV continues to benefit from strong engagement resulting in increased monetization. Q3 FINANCIALS · DTC rev ...

In this article PARA Courtesy: Shopsense When viewers tune in to the 2024 MTV VMAs on Wednesday night, they'll be able to shop the outfits and designer looks they're seeing in real time, as legacy media companies look for new ways to monetize content. As part of a new partnership between Paramount Global — the parent company of cable TV network MTV — and shoppable advertising company Shopsense AI, viewers will be able to shop the outfits they're seeing on screen using the startup's new AI-powered lens, whic ...

Edgar Bronfman Jr. has upped his bid for Paramount Global, attempting to pry the Shari Redstone-controlled company away from David Ellison's Skydance. They signed a merger agreement in July but it was contingent on no other better, or at least somewhat intriguing, offer for Par landing before midnight tonight. Bronfman's initial offer lobbed on Monday night was worth $4.3 billion. He's now revised that to $6 billion. There's the same $2.4 billion for Shari Redstone's holding company National Amusements, whi ...

Investors interested in stocks from the Media Conglomerates sector have probably already heard of Paramount Global-B (PARA) and Reservoir Media, Inc. (RSVR) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a ...

Paramount Global (PARA) delivered adjusted earnings of 54 cents per share for the second quarter of 2024, which beat the Zacks Consensus Estimate by 285.71% and increased significantly from 10 cents reported in the year-ago quarter. Revenues of $3.81 billion missed the Zacks Consensus Estimate by 5.49%. The figure declined 10.5% year over year, owing to softness in TV Media and Filmed Entertainment revenues. Adjusted OIBDA jumped 43% from the year-ago quarter's level to $867 million. Selling, general and ad ...

Paramount Global (NASDAQ:PARA) Q2 2024 Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Jaime Morris - Executive Vice President of Investor Relations Brian Robbins - President & Chief Executive Officer, Paramount Pictures and Nickelodeon; Chief Content Officer, Movies & Kids & Family, Paramount+ Chris McCarthy - President & Chief Executive Officer, Showtime/MTV Entertainment Studios and Paramount Media Networks George Cheeks - President & Chief Executive Officer, CBS and Chief Content ...

For the quarter ended June 2024, Paramount Global-B (PARA) reported revenue of $6.81 billion, down 10.5% over the same period last year. EPS came in at $0.54, compared to $0.10 in the year-ago quarter. The reported revenue represents a surprise of -5.49% over the Zacks Consensus Estimate of $7.21 billion. With the consensus EPS estimate being $0.14, the EPS surprise was +285.71%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to dete ...

Paramount Global-B (PARA) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.10 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 285.71%. A quarter ago, it was expected that this company would post earnings of $0.34 per share when it actually produced earnings of $0.62, delivering a surprise of 82.35%. Over the last four quarters, the co ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbols Name of each exchange on which registered Class A Common Stock, $0.001 par value PARAA The Nasdaq Stock Market LLC Class B Common Stock, $0.001 par value PARA The Nasdaq Stock Market LLC FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ...

Exhibit 99 lal During the sa nd-quarter of 2024, we recorded a goodwill impairment charge for our Cable Networks n tal Disclosures at the end of this 2023, has been pres- ★ Direct-To-Consumer Adjusted OlBDA Improved $450 Million Year-Over-Year to $26 Million ★ Paramount+ Increased Revenue 46% Year-Over-Year ★ Company Advances Strategic Plan, Including $500 Million in Annualized Cost Savings ★ Paramount-Skydance Agreement Announced on July 7, 2024 STATEMENT FROM GEORGE CHEEKS, CHRIS MCCARTHY & BRIAN ROBBINS, ...