Paramount (PARA)

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Paramount (PARA) - 2024 Q4 - Earnings Call Transcript
2025-02-27 00:56
Start Time: 16:30 January 1, 0000 5:11 PM ET Paramount Global (NASDAQ:PARA) Q4 2024 Earnings Conference Call February 26, 2025, 09:00 AM ET Company Participants Jaime Morris - EVP of IR Brian Robbins - President and CEO Chris McCarthy - President and CEO George Cheeks - President and CEO Naveen Chopra - EVP and CFO Conference Call Participants Robert Fishman - MoffettNathanson Ben Swinburne - Morgan Stanley Michael Morris - Guggenheim Steven Cahall - Wells Fargo Kutgun Maral - Evercore ISI Operator Good aft ...
Paramount (PARA) - 2024 Q4 - Annual Report
2025-02-26 22:19
FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 For fiscal year ended December 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) Delaware 04-2949533 (State or other jurisdiction of incorporation or org ...
Paramount (PARA) - 2024 Q4 - Annual Results
2025-02-26 21:12
Exhibit 99 PARAMOUNT REPORTS Q4 AND FULL YEAR 2024 EARNINGS RESULTS Strong Content Slate Drove Solid Top Line Results · Total Company Revenue Grew 5% for Q4 Continued Momentum in Streaming Strengthened Balance Sheet in 2024 In addition, Skydance transactions are expected to close in the first half of 2025 STATEMENT FROM GEORGE CHEEKS, CHRIS MCCARTHY & BRIAN ROBBINS, CO-CEOS We are proud of the transformative year we delivered since becoming Co-CEOs, which marks a significant turning point for Paramount as w ...
PARA to Post Q4 Earnings: Key Metrics and Expectations to Watch
ZACKS· 2025-02-24 18:00
Paramount Global (PARA) is scheduled to report its fourth-quarter 2024 results on Feb. 26.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The Zacks Consensus Estimate for fourth-quarter earnings is pegged at 10 cents per share, indicating a 16.67% increase in the past 60 days. The figure indicates a 150% surge from the year-ago quarter’s reported figure.The consensus mark for revenues is pegged at $8.14 billion, indicating a 6.59% increase from the year-ago quarter’s reported figure.P ...
NICKELODEON UNVEILS FIRST ORIGINAL ANIMATED SERIES FOR YOUTUBE, KID COWBOY
Prnewswire· 2025-01-24 15:00
Created by Grammy and Golden Globe Nominated Songwriter Freddy Wexler, Kid Cowboy is Set to Debut Friday, Jan. 24Share it: @Nickelodeon @NickelodeonFamily Click HERE to download assets and HERE to embed the trailer.HOLLYWOOD, Calif., Jan. 24, 2025 /PRNewswire/ -- Preschoolers will saddle up for a wild ride as Nickelodeon unveils Kid Cowboy, its first original animated series for YouTube, centering on a guitar-playing kid hero who champions for justice in a futuristic world. Debuting Friday, Jan. 24, on Nick ...
Skydance Could Unlock Paramount's Value
Seeking Alpha· 2025-01-22 16:41
Group 1 - Paramount Global (NASDAQ: PARA) is significantly undervalued compared to its assets and peers due to management issues and cord-cutting trends [1] - The recent Skydance deal, while not ideal, has the potential to unlock value for Paramount in the near future [1] Group 2 - The focus is on analyzing undervalued companies with strong fundamentals and cash flows, particularly in sectors like Oil & Gas and consumer goods [2] - There is a preference for long-term value investing, with occasional interest in deal arbitrage opportunities [2]
PARAMOUNT AND COMCAST ANNOUNCE MULTI-YEAR DISTRIBUTION AGREEMENTS
Prnewswire· 2025-01-07 13:30
NEW YORK and PHILADELPHIA, Jan. 7, 2025 /PRNewswire/ -- Paramount Global (NASDAQ: PARA) (NASDAQ: PARAA) and Comcast (NASDAQ: CMCSA) today announced the renewal of their comprehensive distribution agreements to continue delivering Paramount's leading portfolio of broadcast, entertainment, news and sports brands across Xfinity platforms. The multi-year deals feature ongoing carriage of Paramount's networks, including CBS, BET, Comedy Central, MTV, Nickelodeon, Paramount Network and more. Comcast subscribers w ...
NICKELODEON AND CBS SPORTS SET FOR NICKELODEON'S NFL WILD CARD GAME LIVE FROM BIKINI BOTTOM WHEN THE CHARGERS FACE THE TEXANS ON SATURDAY, JAN. 11, AT 4:30 PM (ET)
Prnewswire· 2025-01-06 15:20
Core Viewpoint - Nickelodeon and CBS Sports are collaborating to present a special alternate telecast of the NFL Wild Card Game featuring characters from SpongeBob SquarePants, aimed at engaging younger audiences with a unique viewing experience [1][7]. Group 1: Event Details - The NFL Wild Card Game will feature the Los Angeles Chargers vs. Houston Texans, airing on January 11, 2025, at 4:30 PM (ET) [1]. - The telecast will include enhanced graphics, augmented reality, and appearances by various characters from Paramount's portfolio [1][3]. - This event marks the sixth collaboration between CBS Sports and Nickelodeon for an NFL game, following the successful Super Bowl LVIII telecast [7]. Group 2: Character Involvement - SpongeBob SquarePants and Patrick Star will reprise their roles in the virtual booth, joined by CBS Sports analyst Nate Burleson [2]. - Additional characters such as Sandy Cheeks and Dora will participate, with Dora explaining game rules and penalties [2][3]. Group 3: Unique Features - The telecast will include interactive elements like a "Wild Cod" group, a Submarine Blimp, and Teenage Mutant Ninja Turtles launching pizzas [4]. - New features such as clam cannons that fire Slime and an exclusive sneak peek of "Henry Danger The Movie" will be showcased during halftime [4]. Group 4: Viewer Engagement - Fans can participate by voting for the player they think should receive the NVP award through Nickelodeon's website [5]. - Following the game, a special recap show titled "Bikini Bottom Breakdown: NFL Wild Card" will air on January 15, 2025 [6]. Group 5: Streaming Availability - The game will be available for streaming on mobile devices via NFL+, and CBS Sports' broadcast will be accessible through Paramount+ and other digital platforms [8][9].
PARAMOUNT PICTURES ANNOUNCES SONIC THE HEDGEHOG FILM FRANCHISE ZOOMS PAST $1 BILLION IN WORLDWIDE BOX OFFICE GROSS
Prnewswire· 2025-01-05 15:00
The third film in the series, Sonic the Hedgehog 3, recently surpassed $100M at the international box office, and has earned over $187M domestically for a cumulative worldwide gross to-date of over $312MHOLLYWOOD, Calif., Jan. 5, 2025 /PRNewswire/ -- Paramount Pictures today announced that its Sonic the Hedgehog film franchise, based on the SEGA video game, has surpassed $1B in total box office receipts worldwide, as Sonic the Hedgehog 3 continues to draw audiences to theatres across the globe. PARAMOUN ...
PARA Stock Plunges 31% in a Year: Should You Buy, Sell or Hold?
ZACKS· 2024-12-27 19:16
Paramount Global’s (PARA) shares have declined 31.1% over the past year, underperforming the Zacks Consumer Discretionary sector’s 12.9% return and the Zacks Media Conglomerates industry’s 20.7% growth.The underperformance resulted from a 6% year-over-year revenue dip to $6.73 billion in the third quarter, also lagging the Zacks Consensus Estimate of $6.91 billion. This shortfall was primarily led by weakness in the TV Media and Filmed Entertainment segments.However, Paramount’s prospects are bolstered by t ...