Paramount Revenues Dip Despite First-Time Streaming Profits

Paramount reported declines in its top-line, TV, and film revenues in its second-quarter earnings call Wednesday, but it turned a profit in its streaming division for the first time. The company saw its year-over-year revenues dip 11%, from $7.6 billion to $6.8 billion. The revenue drop was the largest miss compared to analyst estimates since...

  Business   Aug 9, 2024   0   33  Add to Reading List
Paramount Revenues Dip Despite First-Time Streaming Profits
Paramount reported declines in its top-line, TV, and film revenues in its second-quarter earnings call Wednesday, but it turned a profit in its streaming division for the first time. The company saw its year-over-year revenues dip 11%, from $7.6 billion to $6.8 billion. The revenue drop was the largest miss compared to analyst estimates since...
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