Paramount Earnings Reports

Paramount reported Q4 2024 revenue of $7.98 billion, a 5% increase year-over-year. However, the company faced a net loss of $224 million, with adjusted EPS at -$0.11. Revenue growth was driven by a 67% increase in Filmed Entertainment and an 8% increase in Direct-to-Consumer. Operating income declined by 68% to $129 million, impacted by restructuring and impairment charges.

Paramount reported Q3 2024 earnings with a focus on direct-to-consumer improvements and Paramount+ subscriber growth. The DTC segment achieved profitability for the second consecutive quarter, and the company is on track to realize $500 million in annual run rate cost savings. Paramount+ added 3.5 million subscribers, reaching a total of 72 million.

Paramount reported a decrease in revenue but an increase in adjusted OIBDA. The Direct-to-Consumer segment showed strong growth, with Paramount+ leading in domestic sign-ups. The company is focused on transforming streaming to accelerate profitability and streamlining the organization.

Paramount reported a solid first quarter in 2024, marked by a 6% increase in total revenue and significant growth in Paramount+ subscribers, which surpassed 71 million. The Direct-to-Consumer segment showed improved adjusted OIBDA, and total advertising revenue rose by 17%. The company generated $260 million in net operating cash flow and $209 million in free cash flow.

Paramount reported Q4 2023 earnings, highlighting a 69% increase in Paramount+ revenue and the addition of 4.1 million subscribers, reaching a total of 67.5 million. The company generated $558 million in net operating cash flow and $443 million in free cash flow. Paramount anticipates significant earnings growth in 2024 and expects Paramount+ to achieve domestic profitability in 2025.

Paramount reported a 3% increase in total company revenue, driven by growth in Direct-to-Consumer revenue and Paramount+ subscribers. The company narrowed DTC losses and now expects full-year DTC losses to be lower than in 2022. Paramount+ reached more than 63 million global subscribers, and the company anticipates significant total company earnings growth in 2024.

Paramount's Q2 2023 earnings showed a revenue of $7.616 billion. Paramount+ subscribers reached approximately 61M. The company is focusing on streaming platforms and traditional business to achieve earnings growth in 2024.

Paramount's Q1 2023 results showed strength in its content engine, driving momentum across streaming, television, and theatrical. Paramount+ reached 60 million subscribers, and Pluto TV hit 80 million MAUs. However, the company reported a GAAP diluted EPS loss of $1.81 and an operating loss of $1,226 million.

Paramount's Q4 2022 earnings report revealed a mixed performance. While the company saw revenue growth and a significant increase in Paramount+ subscribers, operating income decreased substantially due to increased costs and expenses. The company's multiplatform strategy showed success, but investments in content and international expansion impacted adjusted OIBDA.

Paramount Global reported a 5% increase in revenue for Q3 2022. Paramount+ saw subscriber growth, adding 4.6M subscribers. Theatrical revenue increased significantly. However, advertising revenue faced a decline due to macroeconomic factors.

Paramount reported a 19% increase in total company revenue, driven by growth in Filmed Entertainment and Direct-to-Consumer (DTC) segments. Paramount+ subscribers grew to over 43M, and Pluto TV's global MAUs expanded to nearly 70M. Top Gun: Maverick powered significant growth in Filmed Entertainment revenue.

Paramount Global reported a 1% decrease in revenue, which included a 6 percentage point impact from CBS's broadcast of Super Bowl LV in the year-ago period. Excluding the Super Bowl comparison, Q1 revenue grew 5%. The company's direct-to-consumer business showed strong growth, with revenue up 82% year-over-year and 6.8 million Paramount+ subscriber additions.

Paramount reported a strong Q4 2021, with total company revenue increasing by 16% year-over-year. Global streaming revenue grew by 48%, driven by subscription and advertising growth, with a record addition of 9.4 million global streaming subscribers. The company's financial position was strengthened by generating $2.3 billion from non-core asset dispositions.

ViacomCBS reported strong Q3 2021 results, with total company revenue increasing by 13% year-over-year. Global streaming revenue surpassed $1 billion for the first time, growing by 62% year-over-year. The company added 4.3 million global streaming subscribers, reaching nearly 47 million in the quarter.

ViacomCBS reported an 8% increase in total company revenue, driven by substantial growth in streaming and advertising. The company added 6.5 million global streaming subscribers, reaching over 42 million. Paramount+ was a key driver of subscriber growth and engagement.

ViacomCBS reported a strong first quarter in 2021, marked by a 14% increase in revenue, driven by a 65% surge in global streaming revenue. The company added 6 million global streaming subscribers, reaching a total of 36 million, fueled by the momentum of Paramount+. Advertising revenue, excluding streaming, grew by 21%, and affiliate revenue increased by 5%.

ViacomCBS reported a 3% increase in revenue for Q4 2020, driven by growth in streaming and affiliate revenue. The company saw significant growth in global streaming subscribers, reaching nearly 30 million, and Pluto TV global MAUs, reaching 43 million. However, the company reported a net loss due to restructuring and programming charges.

ViacomCBS reported Q3 2020 earnings with strong growth in streaming, domestic subscribers rising to 17.9M, up 72% year-over-year, and Pluto TV domestic MAUs increasing to 28.4M, up 57% year-over-year.

ViacomCBS's Q2 2020 earnings showed resilience amidst the COVID-19 pandemic, with sequential improvement in key earnings and cash flow metrics. The company successfully managed the pandemic's effects and progressed on value-creation initiatives, including cost synergies, distribution agreements, and streaming business acceleration.

ViacomCBS reported Q1 2020 earnings with a revenue of $6.669 billion and a diluted EPS of $0.82. The company took decisive action to fortify its balance sheet, protect its employees, and help communities in need amidst the COVID-19 pandemic. Domestic streaming and digital video revenue grew significantly, reinforcing demand for ViacomCBS content.