According to an internal memo viewed by CNBC, the layoffs will impact employees across divisions, and some non-U.S. staff may be affected in the future.
Multinational media and entertainment corporation Paramount (NASDAQ:PARA) beat Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 6.4% year on year to $7.19 billion. Its non-GAAP profit of $0.29 per share was 12% above analysts’ consensus estimates.
The past week saw developments in business & politics, from Trump's tariffs being temporarily preserved to Paramount Global's potential settlement with him.
Netflix and Paramount were the biggest winners in TV viewership for the 2024-2025 season, so far, with Netflix dominating with 5 of the top 10 most-viewed shows.
Walt Disney Co. achieved a significant milestone as its live-action "Lilo & Stitch" remake, alongside Tom Cruise's "Mission: Impossible - The Final Reckoning," propelled U.S. Memorial Day weekend box office receipts to a record-breaking $326.7 million.
The 2025 American Music Awards will air live on May 26 on CBS and Paramount+ with Showtime, featuring top nominees like Kendrick Lamar and Taylor Swift, a Memorial Day tribute, and Janet Jackson's first live TV performance in seven years.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at broadcasting stocks, starting with Paramount (NASDAQ:PARA).
The $10-50 price range often includes mid-sized businesses with proven track records and plenty of growth runway ahead.
They also usually carry less risk than penny stocks, though they’re not immune to volatility as many lack the scale advantages of their larger peers.
Join us in exploring the top gainers and losers within the S&P500 index one hour before the close of the markets on Friday as we examine the latest happenings in today's session.
Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings.
However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.
