JPMorgan analyst David Karnovsky cut Paramount Global’s (NASDAQ:PARA) price target from $11 to $10 on May 21 and maintained ...

Paramount Global said its direct-to-consumer streaming business was "on track" to reach domestic profitability in 2025.

The media giant's total revenue fell 6% to $7.2 billion, weighed down by a 13% decline in its TV/media business ...

yet layoffs are looming amid billions in losses for the media giant. Paramount's Q2 2024 financial report revealed that Paramount+'s revenue grew by 46% year over year. A specific breakdown of the ...

Additionally, the definition of Consolidated EBITDA has been revised to incorporate an add-back for cash items related to restructuring, litigation reserves, and losses on business disposals.

Shares of Paramount Global Cl B PARA shed 1.65% to $10.76 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 2.36% to 5,158.20 ...