Paramount Q3 2023 Earnings: Streaming Losses $238M, Subscribers Hit 63M

  • 📰 THR
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 53%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

The Bob Bakish-led conglomerate saw its filmed entertainment unit swing to a $49 million loss amid production shutdowns while content licensing revenue fell amid dual labor strikes.

Amid its quest to slim down its asset portfolio to scale up its core entertainment ambitions, Paramount Global hit 63 million global streaming subscribers in the latest quarter and kept narrowing losses in its direct-to-consumer segment to $238 million, a possibly encouraging sign for Wall.

Amid its quest to slim down its asset portfolio to scale up its core entertainment ambitions, Paramount Global hit 63 million global streaming subscribers in the latest quarter and kept narrowing losses in its direct-to-consumer segment to $238 million, a possibly encouraging sign for Wall
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 411. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités