Paramount Global
(PARA)
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12.02 USD -0.06
Closed: 17 May, 3:55 pm
Symbol PARA
Market Cap 8.3B
Price 12.02
Open 12.58
52-wk High 17.50
50 Day Avg 11.90
Earnings Announcement 2024-08-05
Website https://www.paramount.com
Name Paramount Global
Shares Outstanding 696,329,578
Change % -4.9051%
Low 12.02
52-wk Low 10.12
200 Day Avg 13.11
Last Dividend 0.20
Exchange NASDAQ
Volume 15,285,441
Previous Close 12.64
High 12.60
EPS -1.13
PE -10.64
Avg Volume 21,623,688
CUSIP 92556H206
Paramount Global Outlook
Description Paramount Global operates as a media and entertainment company worldwide. The company distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; acquires or develops, and schedules programming on the CBS Television Network that includes primetime comedies and dramas, reality, specials, kids' programs, daytime dramas, game shows, and late night programs; produces or distributes talk shows, court shows, game shows, and newsmagazines; owns and operates 29 broadcast television stations; and operates CBS Sports Network, a 24-hour cable channel that provides sports and related content, as well as streaming and cable subscription services. It also operates Paramount+, a digital subscription video on-demand and live streaming services; and creates and acquires programming for distribution and viewing on various media platforms, including subscription cable networks, subscription streaming, and premium and basic cable networks. In addition, the company develops, produces, finances, acquires, and distributes films. Paramount Global was formerly known as ViacomCBS Inc. and changed its name to Paramount Global in February 2022. The company was incorporated in 1986 and is headquartered in New York, New York. Paramount Global operates as a subsidiary of National Amusements, Inc.
Currency USD
ISIN US92556H2067
Industry Entertainment
Changes -0.62
CUSIP 92556H206
Range 10.12 - 17.50
Beta 1.76
CIK 0000813828

Paramount Global News

17-May-2024 11:16 PM

Sony and Apollo move ahead with Paramount bid process but reticent about earlier plan, NYT reports

Sony Pictures Entertainment and Apollo Global Management have signed nondisclosure agreements that will allow them to look at Paramount's books ahead of a potential bid for the movie studio's assets, the New York Times reported on Friday, citing people familiar with the matter.

17-May-2024 8:59 PM

Sony & Paramount Sign Non-Disclosure Agreement Allowing Deal Talks To Start, But It's Not Looking Like A $26 Billion Bid For Whole Company Anymore

Sony has signed an NDA with Paramount Global, a move that will give it access to the books and allow deal talks to move ahead, Deadline hears. Sony, parent of U.S.

17-May-2024 5:32 PM

Paramount's Communications & Corporate Marketing Chief To Exit, Group Will Report To Brian Robbins On Interim Basis

Paramount Global's EVP, Chief Communications and Corporate Marketing Officer Julia Phelps will leave the company at the end of May. Her group — which encompasses Corporate Communications, Marketing, Social Impact, ESG, Creative & Strategy, Production, Board Relations and Events and Brand Experience — will report to studio chief Brian Robbins on an interim basis.

17-May-2024 6:36 AM

3 Streaming Stocks to Sell in May Before They Crash & Burn

It's now apparent that the streaming wars are over, and Netflix (NASDAQ: NFLX ) has emerged victorious. One point supporting this is that studios owned by rival streaming firms, such as HBO, are selling significant amounts of content to Netflix.

16-May-2024 8:39 AM

Build-A-Bear and Paramount Pictures Forge Creative Collaboration on New Feature Film, IF

Unveils Special Workshop Experience Designed to Transcend the Screen by Bringing IF Characters "To Life" for Fans ST. LOUIS , May 16, 2024 /PRNewswire/ -- Build-A-Bear Workshop, Inc. (NYSE:  BBW ) is thrilled to announce the in-store celebration of the upcoming Paramount Pictures feature film, IF, in theatres May 17, through its longstanding partnership with Paramount Consumer Products.

15-May-2024 3:54 PM

Buyout Bonanza: 7 Undervalued Gems Ripe for a Private Equity Takeover

With global mergers and acquisitions (M&A) volume set to rise by 50% this year, you may be interested in some of the top buyout stocks to buy. After all, when financial acquirers, like private equity firms, make an offer for a public company, they typically pony up a big premium to the stock's trading price.

15-May-2024 8:34 AM

Sony getting cold feet over Paramount deal, report claims

Paramount Global (NASDAQ:PARA) was heading for a rocky start to trading today CNBC reported overnight that Sony Pictures is reconsidering its bid for the business. Stories last week were that Sony and private equity group Apollo planned to sell Paramount's streaming services and TV channels if their US$26 billion joint bid goes ahead.

15-May-2024 8:34 AM

Sony getting cold feet over Paramount deal, report claims

Paramount Global (NASDAQ:PARA) was heading for a rocky start to trading today CNBC reported overnight that Sony Pictures is reconsidering its bid for the business. Stories last week were that Sony and private equity group Apollo planned to sell Paramount's streaming services and TV channels if their US$26 billion joint bid goes ahead.

14-May-2024 9:49 PM

Sony shares jump after profit beats estimates, concerns about Paramount bid ease

Sony Group shares rose sharply after quarterly net profit beat analysts' expectations and concerns eased about its bid for media and entertainment company Paramount Global.

14-May-2024 6:16 PM

Paramount shares fall on report that Sony is reconsidering its bid

Shares of Paramount Global on Tuesday fell after CNBC reported that Sony is rethinking its bid for the company, the latest twist in the TV and movie producer's merger drama.

14-May-2024 5:50 PM

S&P 500 Gains and Losses Today: Paramount Global Sinks as Sony Reconsiders Bid

Major U.S. equities indexes hovered close to their flatlines for most of the session before rallying in the afternoon to end Tuesday higher.