Paramount sees streaming gains as company continues to pursue Warner Bros. Discovery
The Melrose gate of Paramount Pictures Studio in Hollywood. (Al Seib / Los Angeles Times ) Paramount Skydance is betting its future on its streaming business, as gains at the media and entertainment company's Paramount+ platform helped boost earnings for the fiscal fourth quarter of last year. On Wednesday, Paramount reported $8.1 billion in revenue for the three-month period that ended Dec. 31, up 2% compared to the previous year's quarter. That was because of growth in its streaming business, which saw ...