Paramount Stock Drops After Earnings. Here’s What’s Overshadowing Solid Streaming Growth. - Barron's
1. Paramount Global's stock fell 1.3% after Q4 loss due to ad spend decline. 2. Q4 adjusted loss was 11 cents; analysts expected a profit of 13 cents. 3. TV media division revenue dropped 4% to $4.98 billion amid lower ad sales. 4. Paramount+ gained 5.6 million subscribers, boosting streaming revenue by 16%. 5. Merger with Skydance Media expected to close in H1 2025.