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Dec 31, 2021
Paramount Q4 2021 Earnings Report
Paramount's Q4 2021 earnings were released, showing a 16% increase in total company revenue and a significant rise in global streaming subscribers.
Key Takeaways
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.
Total company revenue increased 16% year-over-year, reflecting growth across all revenue types.
Global streaming revenue grew 48% year-over-year, driven by strength in subscription and advertising.
Added a record 9.4M global streaming subscribers, overwhelmingly led by Paramount+, to reach over 56M subscribers.
Generated $2.3B of net proceeds from non-core asset dispositions, strengthening the financial position.
Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the document.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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