Paramount Global
Here’s what media giants face as they try to charm advertisers this week
Los Angeles, CA – May 02: WGA members take a selfie before heading to the picket line on the first day of their strike in front of Paramount Studios in Hollywood on May 2, 2023. The union were unable to reach a last minute-accord with the major studios on a new three-year contract to replace […]
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Disney shares sink after the company reports streaming subscriber losses
In this photo illustration, the Disney + logo is displayed on the screen of a TV on December 26, 2019 in Paris, France. Chesnot | Getty Images Disney shares are down about 9% Thursday after the company reported subscriber losses at Disney+ during the most recent quarter. The company, which posted profit and revenue for […]
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The streaming wars are above, and it is time for media to determine out what is actually next
Robyn Beck | Afp | Getty Photos I am calling it. The Streaming Wars are around. 2019-2023. RIP. The race involving the greatest media and enjoyment providers to incorporate streaming subscribers, knowing buyers will only shell out for a restricted range of them, is finished. Certain, the contributors are even now jogging. They are just […]
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Hollywood writers’ strike halts production of ‘Stranger Things,’ ‘Severance,’ Marvel’s ‘Blade’
Members of the Writers Guild of America (WGA) East hold signs as they walk on the picket-line outside of the Peacock NewFront on May 02, 2023 in New York City. Michael M. Santiago | Getty Images The Writers Guild of America dropped their pencils and headed for the picket lines a week ago, and their […]
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Stocks making the biggest moves midday: PacWest, Western Alliance, Paramount Global & more
In this article PACW TRIP SHAK SHOP Follow your favorite stocksCREATE FREE ACCOUNT The Western Alliance Bancorporation logo is seen in this photo illustration on 13 March, 2023 in Warsaw, Poland. Jaap Arriens | Nurphoto | Getty Images Check out the companies making headlines in midday trading Thursday. Paramount Global — The media stock cratered […]
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Paramount Global shares fall 17% premarket after revenue, earnings miss estimates
In this photo illustration, the Paramount Global logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Paramount Global fell as much as 17% premarket after it reported earnings and revenue that missed analyst estimates and cut its quarterly dividend. The company cut its dividend to 5 cents […]
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Shares earning the largest moves right before the bell: Paramount, PacWest, Shopify & additional
The Paramount logo is shown at Columbia Sq. together Sunset Blvd in Hollywood, California on March 9, 2023. Patrick T. Fallon | AFP | Getty Visuals Examine out the companies earning headlines in premarket buying and selling. Paramount World wide – The media enterprise slumped 10.4% immediately after reporting quarterly revenue and revenue that missed […]
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Paramount wants to get moviegoers back to theaters. Here’s what it has on deck
Tom Cruise in “Top Gun: Maverick” Source: Paramount Paramount Pictures is upping the theatrics. Chris Aronson, president of domestic distribution for the studio, demonstrated as much Thursday, kicking off Paramount’s studio presentation at CinemaCon by rising through the stage through a sewer grate. related investing news Aronson, donning an orange eye mask a la Michelangelo […]
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Hasbro, Mattel shares rise as toymakers announce multi-year licensing agreement, increased IP focus
Game maker Hasbro Justin Sullivan | Getty Images Toymaker stocks rallied Thursday after rivals Hasbro and Mattel posted quarterly results and offered optimistic comments about how their intellectual property will boost their businesses. Hasbro shares spiked more than 13% Thursday after the toymaker reported first-quarter revenue that topped Wall Street’s expectations. The Monopoly board game maker […]
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Comcast beats estimates despite slowing broadband growth, higher Peacock losses
Comcast topped analyst expectations with its first quarter earnings report Thursday, despite the cable and media giant’s residential broadband business’s slowing growth and mounting Peacock losses. Shares of the company rose more than 2% in premarket trading. The stock is up more than 4% so far this year through Wednesday’s close. Here’s how Comcast performed, […]
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