Paramount Earnings: Why Cash, Not Just Content, Is King for Wall Street

📆 17-02-23 20:11:00

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'Streaming Transformer or Mission Impossible?' asks one Wall Street analyst as top executives say they're ready to navigate a challenging transition year that will see wider bottom-line losses for the company.

’s predecessor companies, used to say. But so is cash for many investors of the entertainment giant behind the likes of Paramount Pictures, CBS, MTV, BET, Showtime, Paramount+ and Pluto TV.Top Gun: Maverick

, which helped Paramount+ add nearly 10 million subscribers in the final quarter of the year to get it to nearly 56 million and the conglomerate’s overall streaming sub count to more than 77 million.

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