Paramount Global


SKU: VIAC-2 Category:


Paramount Global managed to exceed analyst expectations in terms of revenue and earnings, demonstrating sustained focus on corporate spending containment and good momentum in its D2C sector. The company produced $7.6 billion in total company sales and $606 million in adjusted OIBDA in the second quarter. Affiliate and subscription revenue increased by a healthy 12% in Q2 and again showed how the combination of traditional and streaming led to net growth for the business. Paramount’s 47% increase in D2C subscription revenue was mostly attributable to Paramount+, where the company saw subscriber growth, increased ARPU, and lower churn rates. Seasonal slowdown and a strategic change in content releases to better coincide with the launch of Paramount+ with SHOWTIME were both reflected in the quarter’s Paramount+ net additions. Their team anticipates strong subscription and affiliate revenue growth in the coming years. In the Filmed Entertainment segment, quarterly sales and OIBDA were down year on year, owing to the difficult comparison against Top Gun: Maverick and the timing and mix of other releases. Paramount’s team anticipates a greater than 20% increase in global Paramount+ ARPU in 2024. They could also introduce new tiers and updated pricing in several areas abroad.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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