The latest in:
Naveen Chopra
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Premium Content
05/04/2023
Paramount’s Investors Panic Over Dividend Drop
Paramount’s stock took a swan dive Thursday morning, dropping more than 28 points on the news that the programmer was cutting its dividend by 80% to just five cents.
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Premium Content
03/28/2023
People
Paramount Global named Kristin Southey as EVP, Investor Relations, replacing Anthony DiClemente who will stay with the company through mid-April during a transition period.
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Premium Content
02/28/2023
Time to Turn Profit in Streaming at Paramount
It’s been almost two years since the launch of Paramount+, and Paramount’s focus is now starting to deliver on the path to profitability for its streaming business.
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Premium Content
02/16/2023
Paramount Maps Out Long-Term Game Plan
Pricing changes are on the horizon for Paramount+ as Paramount prepares to put the streamer and Showtime under one roof.
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Premium Content
11/02/2022
Paramount Places Priority on Cost-cutting
Cost-cutting measures and potential restructuring are on the horizon for Paramount after a 3Q22 that fell short of analyst expectations. While the company saw total revenue increase 5% YOY to $6.92 billion, that was below the expected mark of $7.06 billion.
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Premium Content
08/04/2022
Paramount Sees Streaming Success in 2Q
Paramount is remaining steadfast on its goal of 100 million global DTC subscribers by 2024 as it posted total 2Q22 revenue of $7.8 billion Thursday. Total DTC revenue jumped 56% YOY to $1.2 billion as the subscriber count reached 63.7 million, which accounts for the removal of 3.9 million Russian subscribers.