Is Paramount Global (PARA) The Best Entertainment Stock to Buy According to Billionaires? [Yahoo! Finance]
Paramount Global - Class A (PARAA)
Company Research
Source: Yahoo! Finance
where Paramount Global (NASDAQ:PARA) stands against the other entertainment stocks. The entertainment industry is a global and fast-growing sector that encompasses film, music, social media, games, and live events. According to a report by The Business Research Company, the entertainment and media market was valued at $2.67 trillion in 2024. The market is expected to grow at a compound annual growth rate (CAGR) of 7.4% during 2025-2029 to reach a value of more than $3.82 trillion by the end of the forecast period. In 2024, the largest region in the entertainment and media market was North America. READ ALSO: 10 Cheap Technology Stocks to Buy According to Hedge Funds and 10 Worst Performing Fintech Stocks to Buy According to Analysts The industry is rapidly evolving thanks to technological advancements, changing consumer preferences, and global connectivity. The internet and mobile devices continue to make entertainment more accessible around the world. These factors ensure conti
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