Paramount+ Grows Globally, But Licensing Deals Could Cap Streaming Potential | Charts [Yahoo! Finance]
Paramount Global - Class A (PARAA)
Company Research
Source: Yahoo! Finance
Parent company Paramount Global announced in its most recent earnings report that the streaming platform has been profitable over the last two consecutive quarters. However, despite strong Q3 2024 subscriber growth of 3.5 million new subs globally, Paramount+ remains a relatively modest player compared to the streaming platforms backed by Netflix, Warner Bros. Discovery and Disney. Paramount+ ranks seventh in total on-platform demand among U.S. audiences, trailing behind Peacock, and just sixth in UCAN subscribers. Yet despite its smaller scale, Paramount+ has achieved notable success with its streaming originals. In Q3 2024, Paramount+ originals held a 5.8% share of US demand versus just a 2.0% supply share. This 2.8x demand-to-supply ratio was second only to Apple TV+ (3.2x) among the eight premium SVODs for the quarter. Paramount+ may boast untapped potential in its original content, particularly with hit franchises like “Star Trek” and Taylor Sheridan's various series, which ser
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PARAA
News
- Ridley Scott on returning for "Gladiator II": "I kept thinking about it" [CBS News]CBS News
- Paramount Government Relations Head, Chief People Officer Eligible for $1 Million Payouts When Skydance Deal Closes [Yahoo! Finance]Yahoo! Finance
- Paramount Global Grants Two Senior Execs $1 Million Bonuses If They Stay on Through Skydance Deal Close [Yahoo! Finance]Yahoo! Finance
- Connie Nielsen on returning to "Gladiator" after 24 years: "I was nervous" [CBS News]CBS News
- Archegos' Bill Hwang sentenced to 18 years in prison for massive U.S. fraud [MSNBC.com]MSNBC.com
PARAA
Earnings
- 11/8/24 - Beat
PARAA
Sec Filings
- 11/21/24 - Form 8-K
- 11/14/24 - Form 4
- 11/14/24 - Form 8-K
- PARAA's page on the SEC website