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

  • 📰 THR
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

'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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 411. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street watchdog shortens time-frame for stock trades, proposes new investment adviser rulesWall Street's top regulator on Wednesday adopted rules tightening the time-frame for stock trades in an effort to tamp down the kind of risk seen in 2021's GameStop fiasco, when retail investors suffered heavy losses.
Source: Reuters - 🏆 2. / 97 Read more »