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Paramount: loss in 4th quarter
(CercleFinance.com) - Paramount Global reported an adjusted loss from continuing operations of $0.
11 for its final quarter of 2024, compared with EPS of $0.04 a year earlier, and an adjusted OIBDA down 22% to $406 million. The parent company of CBS, Paramont Pictures and nickelodeon, among others, nevertheless saw its revenues rise by 5% to 7.98 billion, with growth in direct-to-consumer (+8%) and film studios (+67%) offsetting a 4% decline in television media. In its DTC activities, the group highlights the dynamism of its Paramount+ streaming platform, which reached 77.5 million subscribers, and in its film studios, the jump in revenues reflects the success in theatres of 'Sonic 3' and 'Gladiator II'. Copyright (c) 2025 CercleFinance.com. All rights reserved. |
23/05/2025 17:40
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