About Paramount Global - Class B Common Stock (PARA)
Paramount Global is a media and entertainment company that operates a diverse portfolio of well-known brands and franchises across various platforms. The company engages in the creation, production, and distribution of a wide range of content, including television shows, films, and digital media, catering to audiences worldwide. With its extensive library and a robust presence in both traditional and streaming services, Paramount Global leverages its intellectual property to connect with consumers through engaging storytelling, innovative experiences, and strategic partnerships, all while continuously adapting to the evolving media landscape. Read More
Shares of multinational media and entertainment corporation Paramount (NASDAQ:PARA)
fell 6.5% in the afternoon session after Needham advised investors to “move to the sidelines” due to uncertainty surrounding its upcoming merger with Skydance Media. The investment firm Needham reiterated its “Hold” rating, pointing to a lack of clarity on the company's ownership, leadership, and strategy following its merger with Skydance Media. This warning followed Paramount's mixed second-quarter results where revenues missed expectations.
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Paramount is paying $1.5 billion for "South Park" rights for the next five years. Is the show being put under a closer watch to keep President Donald Trump happy?
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Under Ellison’s leadership, Skydance released films like ‘Top Gun: Maverick,’ ‘Mission Impossible: Dead Reckoning’ (Parts 1 and 2), and ‘World War Z,’ among others.
Ellison’s new executive team will bring unparalleled industry expertise, visionary thinking, and a winning spirit to support a strong culture of innovation and excellence
The streaming giant had a pretty good run through the first half of the year, and forecasts for the second half of the year indicate that momentum for the stock should continue.
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Multinational media and entertainment corporation Paramount (NASDAQ:PARA) met Wall Street’s revenue expectations in Q2 CY2025, but sales were flat year on year at $6.85 billion. Its non-GAAP profit of $0.46 per share was 24.6% above analysts’ consensus estimates.
Paramount Global-Class B (PARA) beat Q2 EPS estimates with $0.46 but missed revenue at $6.849B. Shares dipped slightly amid Skydance merger focus and streaming growth.
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