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The Latest Breaking News from Paramount Global

Benzinga's Top Ratings Upgrades, Downgrades For July 1, 2022

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Benzinga

What 8 Analyst Ratings Have To Say About Paramount Global

Analysts have provided the following ratings for Paramount Global (NASDAQ:PARA) within the last quarter:

Benzinga

Nexstar Nears Deal To Snap Majority Control In CW Network: WSJ

Nexstar Media Group, Inc (NASDAQ:NXST) is on the verge of acquiring majority control of the CW Network from Warner Bros. Discovery, Inc (NASDAQ:WBD) and Paramount Global (NASDAQ:PARA), the Wall Street Journal reports. The leading owner of local television stations would acquire 75% of the CW, a broadcast network aimed primarily at teens and young adults, with…

Benzinga

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Disney And Paramount To Re-Release 'Titanic' In Theaters For Valentine's Day 2023

The Walt Disney Co. (NYSE: DIS) and Paramount Global (NASDAQ: PARAA) have announced plans for a 25th anniversary theatrical re-release of James Cameron’s “Titanic” for Valentine’s

Benzinga

Here's Why KeyBanc Considers Disney's IPL Rights Win As Neutral Outcome

KeyBanc analyst Brandon Nispel sees Walt Disney Company (NYSE:DIS) winning TV IPL rights as a neutral outcome for DIS. Nispel would have liked DIS to pursue Digital rights over TV rights, given the ongoing secular challenges of PayTV. However, there appear to be some benefits due to the importance of IPL to the Star ecosystem. …

Benzinga

How Many Subscribers Disney Could Lose Due To Setback In India

In the e-auction for the multi-year rights to the Indian Premier League cricket tournament, a joint venture between Paramount Global (NASDAQ: PARA) and Mukesh Ambani's Reliance Industries won the streaming rights, outbidding incumbent holder Walt Disney Company (N

Benzinga

Paramount Sued Over 'Top Gun: Maverick' For Copyright Infringement: Reuters

The heirs of author Ehud Yonay, whose article inspired Tom Cruise's "Top Gun" movie, have sued production company Paramount Global (NASDAQ:PARA) Paramount Pictures over copyright infringement, Reuters reported. A complaint filed in Los Angeles federal court stated that Paramount did not reacquire rights to Ehud's 1983 article Top Guns from his…

Benzinga

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‘Top Gun’ Heirs Sue Paramount over ‘Top Gun: Maverick’

The family of the author whose article inspired the 1986 Tom Cruise movie "Top Gun" on Monday sued Paramount Pictures for copyright infringement over this year's blockbuster sequel "Top Gun: Maverick." According to a complaint filed in Los Angeles federal court, the Paramount Global unit failed to reacquire the rights…

Asharq Al-Awsat

Paramount Global To Launch '60 Minutes' Streaming Channel On Pluto TV

Paramount Global (NASDAQ: PARAA) is planning to launch a new streaming channel consisting entirely of segments from the long-running CBS News series “60 Minutes.”

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For June 2, 2022

Benzinga

CNBC's Final Trades: Wells Fargo, Paramount Global, Archer-Daniels-Midland And This 'Dividend Aristocrat'

On CNBC’s “Halftime Report Final Trades,” Stephanie Link of Hightower said Wells Fargo & Co (NYSE: WFC) “trades at 1x book and yields about 2%.”

Benzinga

What 6 Analyst Ratings Have To Say About Paramount Global

Over the past 3 months, 6 analysts have published their opinion on Paramount Global (NASDAQ:PARA) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga

From 'Beavis and Butt-Head' to 'Yellowstone,' Paramount bets on scripted shows

When people think of MTV, chances are that "prestige" is not the first word that comes to mind. Viewers tend to associate the brand more with popular reality programs such as "The Real World" and "The Jersey Shore" rather than award-winning dramas.

Los Angeles Times

Looking Into Paramount Global's Return On Invested Capital

Pulled from Benzinga Pro data, Paramount Global (NASDAQ:PARA) posted Q1 earnings of $441.00 million, an increase from Q4 of 79.08%. Sales dropped to $7.33 billion, a 8.4% decrease between quarters.

Benzinga

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Benzinga

A Look Into Communication Services Sector Value Stocks

The Meaning Behind Value Stocks

Los Angeles Times

How Netflix’s stumbles are causing rivals to rethink the streaming business

The recent revelation that streaming behemoth Netflix lost subscribers for the first time in more than 10 years stunned Wall Street, spurring a massive sell-off of the company’s stock.

Benzinga

What 4 Analyst Ratings Have To Say About Paramount Global

Analysts have provided the following ratings for Paramount Global (NASDAQ:PARA) within the last quarter:

Benzinga

Looking At Paramount Global's Recent Whale Trades

Someone with a lot of money to spend has taken a bearish stance on Paramount Global (NASDAQ:PARA). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

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Benzinga

Why Paramount Global Shares Are Trading Lower Today

Paramount Global (NASDAQ:PARA) reported a first-quarter FY22 revenue decline of 1% year-on-year to $7.33 billion, missing the consensus of $7.38 billion. Global streaming subscribers rose to over 62 million, adding 6.3 million total subscribers. Paramount+ added 6.8 million subscribers in the quarter, bringing Paramount+ total subscribers to almost 40 million. Pluto TV grew…

Benzinga

Paramount Global: Q1 Earnings Insights

Paramount Global (NASDAQ:PARAA) reported its Q1 earnings results on Tuesday, May 3, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Benzinga

CNBC's Final Trades: Zoetis, VanEck Gold Miners ETF, Paramount Global And This Energy Stock

On CNBC’s “Halftime Report Final Trades,” Brenda Vingiello of Sand Hill Global Advisors said Zoetis Inc (NYSE: ZTS) is “the largest provider of vaccines and medicines for pets and live

Benzinga

Recap: Paramount Global Q1 Earnings

Paramount Global (NASDAQ:PARA) reported its Q1 earnings results on Tuesday, May 3, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Benzinga

Earnings Scheduled For May 3, 2022

Companies Reporting Before The Bell • Kiniksa Pharmaceuticals (NASDAQ:KNSA) is projected to report earnings for its first quarter.

Benzinga

Preview: Paramount Global's Earnings

Paramount Global (NASDAQ:PARAA) is set to give its latest quarterly earnings report on Tuesday, 2022-05-03. Here's what investors need to know before the announcement. Analysts estimate that Paramount Global will report an earnings per share (EPS) of $0.52.

Benzinga

Paramount+ Lands Sylvester Stallone For First-Ever TV Series: Can A Mob Hit Continue Streaming Momentum?

A legendary action movie actor is headed to the small screen with a mobster-styled show that could boost the profile of one of the smaller streaming platforms.

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