Paramount Global Adds 3.5 Million Streaming Subscribers in Q3 Bruised by TV, Movie Declines [Yahoo! Finance]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
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Source: Yahoo! Finance
The owner of the CBS broadcast network, the Paramount movie studio and cable networks Comedy Central said third quarter revenue fell 6% to $6.73 billion from $7.13 billion in the year earlier period, crimped by a 6% decline in revenue from its TV properties and a 34% decline in its movie businesses. Revenue for the company's direct-to-consumer operations rose 10%. More from Variety Warner Bros. Discovery Stock Jumps on Max Streaming Momentum, Upbeat M&A Outlook Nexstar Q3 Ad Sales Rise 22% Tied to Election, CW Operating Loss Narrows Warner Bros. Discovery Adds 7 Million Streaming Subs in Q3 to Hit 110 Million as Box Office Dives 40% in 'Barbie'-Less Summer Like its rivals, Paramount is struggling to move forward in an era when more of the consumers who once gathered regularly to watch TV mainstays like “CBS Evening News” and “The Daily Show” at specific times and days have moved to streaming venues, where they watch their video favorites at times of their own choosing. Desp
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NFLX
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- 11/12/24 - Form 144
- NFLX's page on the SEC website