Live Nation's huge Q3, Paramount streaming losses improve

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Entertainment giants Paramount Global and Live Nation both reported quarterly results after the market close on Thursday. Paramount (PARA) reported third...

) reported third quarter revenue of $7.13 billion, about in line with estimates, while adjusted earnings of $0.30 per share topped estimates of $0.10. The company), Ticketmaster's parent company, reported its"strongest quarter ever and are on pace for a record 2023," according to CEO Michael Rapino. The live entertainment company reported third quarter revenue rose 32% to $8.2 billion and operating income that was up 22% to $619 million.

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Potash prices have been falling after shipments from Belarus and Russia resumed. Demand for fertilizers was also weak during much of the year, analysts have said, as farmers waited for prices to settle down. Potash prices averaged $250 per tonne during the reported quarter, the company said, compared with $633 per tonne a year earlier.Warren Buffett is 93 so there may be limited further opportunities to tap into the wit and wisdom of the world’s most successful investor.

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Paramount says 2023 streaming losses will be lower than prior yearParamount reported quarterly earnings after the bell on Thursday. Here's what to know.
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