- Entertainment
- Communication Services
-
-8.39
EPS
-
-1.22
P/E
-
7.29B
MARKET CAP
-
1.96%
DIV YIELD
Company Overview
1515 BROADWAY,NEW YORK NY 10036,212-258-6000
CEO
Mr. Naveen K. Chopra
Employess
21900
Sector
Communication Services
Industry
Entertainment
Website
https://www.paramount.com
Paramount Global operates as a media and entertainment company worldwide. The company distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; acquires or develops, and schedules programming on the CBS Television Network that includes primetime comedies and dramas, reality, specials, kids' programs, daytime dramas, game shows, and late night programs; produces or distributes talk shows, court shows, game shows, and newsmagazines; owns and operates 29 broadcast television stations; and operates CBS Sports Network, a 24-hour cable channel that provides sports and related content, as well as streaming and cable subscription services. It also operates Paramount+, a digital subscription video on-demand and live streaming services; and creates and acquires programming for distribution and viewing on various media platforms, including subscription cable networks, subscription streaming, and premium and basic cable networks. In addition, the company develops, produces, finances, acquires, and distributes films. Paramount Global was formerly known as ViacomCBS Inc. and changed its name to Paramount Global in February 2022. The company was incorporated in 1986 and is headquartered in New York, New York. Paramount Global operates as a subsidiary of National Amusements, Inc.
Next Earnings Date
Nov. 7, 2024
Ex Dividends date
Oct. 01, 2024
Dividend Date
Sept. 16, 2024
YTD Performance
-28.96%
Fiscal Year End
12-31
IPO Date
2005-12-05
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | 6.85% | 15.36% | 5.45% | -1.66% |
EPS | -2.67% | -3.35% | -7.34% | -57.76% |
Equity | 8.50% | 51.70% | 13.59% | -2.21% |
Cash | 20.01% | 50.18% | -6.23% | -14.73% |
Return On Capital (ROIC) | 10.93% | 6.90% | 4.15% | -0.84% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 1 | 239 | 11 | 16 | 717 |
Long Term Debt | 15,900 | 17,000 | 19,300 | 21,300 | 19,900 |
LT Finance Leases | 1,260 | 1,430 | 1,600 | 1,580 | 1,910 |
Shares Outstanding | 652 | 649 | 641 | 616 | 615 |
Market Cap | 9,390 | 11,000 | 19,300 | 23,000 | 25,800 |
Price
News
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation into Paramount Gl
1 monthNEW YORK, NY / ACCESSWIRE / August 14, 2024 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who own Paramount Global ("PARA" or the "Company") (NASDAQ:PARA) stock purchased prior to July 7, 2024. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of Skydance with Paramount, whether the Board of PARA has harmed stockholders by agreeing to enter into this transaction, and whether all material facts have been properly disclosed to stockholders.
accesswire.comSHAREHOLDER ALERT: Levi & Korsinsky, LLP Informs Shareholders of an Investigation into Paramount Global
1 monthNEW YORK, NY / ACCESSWIRE / August 14, 2024 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who own Paramount Global ("PARA" or the "Company") (NASDAQ:PARA) stock purchased prior to July 7, 2024. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of Skydance with Paramount, whether the Board of PARA has harmed stockholders by agreeing to enter into this transaction, and whether all material facts have been properly disclosed to stockholders.
accesswire.comAmid Paramount Layoffs And Skydance Talks, CBS Sports Has Emerged “Largely Intact” And “Strong” Due To Viewer Demand, Division Chief David Berson Says
1 monthCBS Sports CEO David Berson said the volatility at parent company Paramount Global, which is laying off 15% of its U.S. workforce and preparing to merge with Skydance Media, isn't taking his division off its game.
deadline.comPARA or RSVR: Which Is the Better Value Stock Right Now?
1 monthInvestors 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?
zacks.comParamount to Close TV Studio Amid Restructuring
1 monthThe iconic Paramount Television Studios is shutting down this week as part of a cost-cutting effort by parent company Paramount Global PARA -0.10%decrease; red down pointing triangle.
wsj.comParamount Global starts cutting 2K jobs ahead of Skydance merger
1 monthA memo written by Paramount's three co-chief executive officers was circulated to staffers on Tuesday, according to a report by Bloomberg News.
nypost.comParamount Global begins planned layoffs with 15% job cuts in US
1 monthParamount Global will begin laying off 15% of its workforce in the United States starting Tuesday as part of its planned job cuts, the media giant said in an internal memo.
reuters.comParamount Layoffs Begin; Co-CEOs Tell Staffers Media Company Has Reached “An Inflection Point” As “Industry Continues To Evolve”
1 monthParamount Global has initiated the first wave of layoffs as it looks to reduce its U.S. workforce by 15%. The first of three stages of the staff reductions is beginning today, with 90% of the planned cuts to be completed by the end of September.
deadline.comSHAREHOLDER ALERT: Levi & Korsinsky, LLP Initiates Investigation into Paramount Global
1 monthNEW YORK, NY / ACCESSWIRE / August 12, 2024 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who own Paramount Global ("PARA" or the "Company") (NASDAQ:PARA) stock purchased prior to July 7, 2024. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of Skydance with Paramount, whether the Board of PARA has harmed stockholders by agreeing to enter into this transaction, and whether all material facts have been properly disclosed to stockholders.
accesswire.comWhat Paramount layoffs suggest about the media's struggle
1 monthCNBC's Julia Boorstin reports the latest news from media companies after Paramount announced it would cut 15% of its staff in its latest second-quarter earnings report.
youtube.comParamount shares pop after earnings
1 monthCNBC's Julia Boorstin reports on the latest news from Paramount.
youtube.comParamount Global (PARAA) Q2 2024 Earnings Call Transcript
1 monthParamount Global (NASDAQ:PARAA ) 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 Chris McCarthy - President & Chief Executive Officer George Cheeks - President & Chief Executive Officer Naveen Chopra - Executive Vice President & Chief Financial Officer Conference Call Participants Michael Morris – Guggenheim Robert Fishman – MoffettNathanson Ben Swinburne - Morgan Stanley Rich Greenfield - LightShed Partners John Hodulik – UBS Steven Cahall - Wells Fargo Bryan Kraft - Deutsche Bank Operator Good afternoon. My name is Felicia and I'll be the conference operator today.
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