Paramount earnings preview: Ad market pressure, streaming losses in focus

) will report third quarter results after market close on Thursday as advertising headwinds and streaming losses continue to hamper the legacy media company.

Last quarter, the company announced it sold Simon & Schuster to investment firm KKR after the publishing giant's sale to Penguin Random Housedue to its small size relative to competitors. The company boasts a current market cap of just under $7 billion, compared to Disney's the theatrical release of "Mission Impossible — Dead Reckoning Part Two" to May 2025 from June 2024 amid the strike.

Molly Hurwtiz’s bittersweet remembrance of the “Friends” star offered a fuller portrait of an actor who learned again to admire his own work. Steve Ballmer joined Microsoft in 1980 as Bill Gates' assistant, became CEO in 2000, and retired in 2014 with a 4% stake that's worth a fortune today.

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