Tag Archives: para

Paramount Posts a Big Miss, Announces Price Increases

Text size Paramount reported revenue that slightly missed expectations. Dreamstime Paramount Global  stock fell sharply on Thursday after the media company reported a big miss on quarterly profits due to a slump in advertising and its CEO announced price increases in 2023. For the fourth quarter, the media company (ticker: …

Read More »

Paramount’s Earnings Fall on Higher Streaming, Film Expenses

Paramount Global PARA 9.31% posted lower earnings for the fourth quarter as losses mounted at its streaming business and higher film costs ate into profit.  The New York-based media company said Thursday that higher revenue from its direct-to-consumer and film segments offset declines in its core television business. Higher costs, …

Read More »

Paramount Posts a Big Miss. The Stock Is Falling.

Text size Paramount reported revenue that slightly missed expectations. Dreamstime Paramount Global  stock fell sharply on Thursday after the media company reported a big miss on quarterly profits, partly due to a slump in advertising. For the fourth quarter, the media company (ticker: PARA) delivered adjusted profits of 8 cents …

Read More »