PARA - Paramount Global
Company Overview
Name
Paramount Global
Tickers
PARA, PARAA
Exchanges
Nasdaq
Employees
21900
Founded
1986
Sector Information
Other Information
CIK
813828
Category
Large accelerated filer
1-Line Summary
Paramount Global is a leading media and entertainment company known for its diverse streaming services and iconic content brands.
Company summary
Paramount Global is a prominent global media, streaming, and entertainment company, renowned for producing premium content for diverse audiences worldwide. The company operates through various brands including CBS, Paramount Pictures, Nickelodeon, and MTV, offering both traditional broadcasting and innovative streaming services such as Paramount+ and Pluto TV. Their strategy focuses on creating world-class content with broad appeal, maximizing cash flow, and achieving Direct-to-Consumer profitability, thereby leveraging their extensive library of films and television shows across multiple platforms.
In 2023, Paramount Global showcased its commitment to content generation and distribution by releasing successful films and expanding its subscription base for Paramount+. Noteworthy segments within the company include TV Media, which encompasses domestic and international broadcast networks and cable channels, and Direct-to-Consumer, which features subscription streaming services. With an extensive reach in the streaming market and powerful distribution capabilities, Paramount Global is aimed at sustaining its market leadership and drive innovation across its platforms.
Opportunities
Advantages
Risks
Latest reports
No reports found
Similar companies
No recommended companies available at the moment.
Disclaimer
NovusValue.com is not a broker or dealer, and none of its content represents recommendations to buy or sell securities. Information provided on the site is not intended as investment advice. Novus Value is not liable for damages from using its content, including investment losses. Past performance does not indicate future results, and information is not guaranteed for accuracy or completeness.