Remember Byron Allen? You know, the voluble media executive who got Paramount shareholders all juiced up when he said he wanted to buy the company from Shari Redstone for a cool $30 billion. Sounded like a great deal since Paramount’s market cap at just below $10 billion reflects the melting ice cube of much of its programming. Well, he’s nowhere to be found these days in the merger talks because no one seems to think he has the money except ­Byron ­himself. Then there was that convoluted thing offered by D ...

Paramount Global (NASDAQ:PARA) Q1 2024 Earnings Conference Call April 29, 2024 4:30 PM ET Company Participants Jaime Morris - EVP, IR. George Cheeks - President and CEO, CBS and Chief Content Officer, News and Sports, Paramount+ Chris McCarthy - President and CEO Showtime/MTV Entertainment Studios and Paramount Media Networks Brian Robbins - President and CEO, Paramount Pictures and Nickelodeon; and Chief Content Officer, Movies & Kids & Family, Paramount+ Naveen Chopra - EVP and CFO Conference Call Partici ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number 001-09553 Paramount Global (Exact name of registrant as specified in its charter) (State or other jurisdiction of inc ...

Exhibit 99 EARNINGS PRESS RELEASE | April 29, 2024 + Non-GAAP measures are detailed in the Supplemental Disclosures at the end of this release non & Schuster, which was sold in October 2023, has been presented as a discontinued operation in the company's consolidated financial state B/(W) - Better/(Worse) | . | | --- | | B/(W) - Better/(Worse) | | @CBS | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 14 | nickelodeon | 14 | COMEDI | [BE | HOWTIME ...

Summary of Paramount Global Conference Call Company Overview - **Company**: Paramount Global (NASDAQ: PARA) - **Event**: Morgan Stanley Technology, Media and Telecom Conference - **Date**: March 6, 2024 - **Participants**: Naveen Chopra (CFO), Benjamin Swinburne (Morgan Stanley Analyst) Key Industry Insights - **Streaming Transition**: Paramount is focused on transitioning its business model to adapt to evolving consumer habits and industry dynamics, aiming to maximize earnings and free cash flow from traditional operations while enhancing streaming profitability [3][4] - **Content Strategy**: Paramount emphasizes maximizing the value of its content investments, aiming for efficiency in content spending across both linear and streaming platforms [3][12] Core Initiatives 1. **Maximizing Content Value**: Paramount aims to extract maximum value from its content investments, focusing on content efficiency and strategic programming [3][12] 2. **Direct-to-Consumer (D2C) Profitability**: The goal is to achieve profitability for Paramount+ in the domestic market by 2025, driven by top-line growth and operational leverage [4][24] 3. **Unlocking Synergies**: The company is actively seeking ways to enhance growth and reduce expenses through internal synergies, including workforce optimization and content sharing across platforms [4][56] Financial Performance and Projections - **Free Cash Flow**: Paramount expects to grow free cash flow in 2024, despite challenges from production impacts due to strikes in 2023. The company aims for better cash flow conversion from earnings growth [6][7] - **Debt Reduction**: Paramount paid down $1 billion in debt in Q4 2023 and is focused on deleveraging its balance sheet while maintaining growth in streaming [6][8] - **Revenue Growth**: The domestic Paramount+ segment generated nearly $7 billion in revenue in the previous year, with losses reduced to $1.7 billion. The company anticipates continued revenue growth driven by subscriber increases and ARPU improvements [24][28] Advertising and Market Dynamics - **Advertising Growth**: Paramount has seen double-digit growth in ad ARPU since launching its ad-supported tier, with high sell-through rates. The company is optimistic about future advertising revenue growth despite market challenges [31][53] - **Market Sentiment**: The digital ad market is showing healthy growth, and linear advertising is stabilizing, with positive sentiment leading into the upfront advertising season [53] International Strategy - **Global Content Focus**: Paramount is shifting its international strategy to prioritize global Hollywood content over localized programming, which has proven less effective in driving viewership [44][46] - **Subscriber Growth**: The company aims to grow its international subscriber base while focusing on profitability rather than just subscriber numbers [46] Pricing Strategy - **ARPU Growth**: Paramount expects over 20% global ARPU growth in 2024, driven by price increases and improved ad monetization. The company is cautious about future price increases but sees potential for long-term pricing power [28][39][48] Conclusion - **Future Outlook**: Paramount is optimistic about its content slate for 2024 and beyond, focusing on execution of its strategic initiatives to unlock shareholder value while exploring additional value creation opportunities [62]

Exhibit 99 STATEMENT FROM BOB BAKISH, PRESIDENT & CEO Our disciplined execution and strong content offering drove our results in 2023, as we continue to evolve our business for profitable growth in 2024 and beyond. In Q4, Paramount+ revenue increased 69%, DTC Adiusted OIBDA improved for the third consecutive quarter, and we now expect to reach domestic Paramount+ profitability in 2025 – a significant milestone. Looking ahead, we continue to be focused on maximizing the return on our content investments and ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For fiscal year ended December 31, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-09553 Paramount Global (Exact name of registrant as specified in its charter) Delaware 04-2949533 (State or other jurisdiction of incorporation or org ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 (State or other jurisdiction of incorporation or organization) 1515 Broadway New York, New York 10036 OR (Address of principal executive offices) (Zip Code) ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ ...

Carie pluto@ 际 nickelodeon A l (20) CAUTIONARY NOTE CONCERNING FORWARD-LOOKING STATEMENTS NON-GAAP FINANCIAL MEASURES PARAMOUNT: ONE OF THE WORLD'S PREEMINENT CONTENT CREATORS 200K+ TV EPISODES 4K+ FILMS 2 PARAMOUNT: INVESTMENT HIGHLIGHTS Creating shareholder value by leveraging world-class content to build a next generation media company spanning both traditional and digital markets #1: WORLD CLASS CONTENT ENGINE Franchise-focused content strategy leveraging popular IP ICONIC MOVIES FBI GHOSTS SPONGEBOB SQ ...

Paramount Global (NASDAQ:PARA) Q2 2023 Earnings Conference Call August 7, 2023 4:30 PM ET Company Participants Kristin Southey - Investor Relations Bob Bakish - President and Chief Executive Officer Naveen Chopra - Chief Financial Officer Conference Call Participants Jessica Reif Ehrlich - Bank of America Securities Michael Morris - Guggenheim Ben Swinburne - Morgan Stanley Rich Greenfield - LightShed Partners Brett Feldman - Goldman Sachs Robert Fishman - MoffettNathanson Bryan Kraft - Deutsche Bank Operat ...