Singapore markets open in 3 hours 20 minutes

Paramount Global (PARA)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
Add to watchlist
11.21-0.50 (-4.27%)
At close: 04:00PM EST
11.25 +0.04 (+0.36%)
After hours: 08:00PM EST
Full screen
Loading interactive chart…
  • Reuters

    UPDATE 1-S&P puts Paramount Global on negative watch as streaming competition grows

    Ratings agency S&P on Friday placed Paramount Global's credit rating on a negative watch, citing low operating cash flow generation at the media conglomerate due to the ongoing decline in cable television and competition in streaming. S&P currently has a 'BBB+' - investment grade - rating on the firm, whose stock has lost about a fifth of its value this year in the face of weak revenue growth and a $15.63 billion debt load as of September that was more than its total assets. "We believe FOCF (free operating cash flow) will be weaker than historical levels because the significant cash flows from the linear TV businesses will degrade rapidly as pay-TV subscribers continue to decline and advertisers migrate spending to streaming platforms," the ratings agency said.

  • Benzinga

    Warner Bros Discovery Pulled Off An Impressive Turnaround In The Streaming Arena

    When it comes to streaming, Warner Bros Discovery Inc (NASDAQ: WBD) reached profitability before its legacy media rivals such as The Walt Disney Corporation (NYSE: DIS), Comcast Corporation (NASDAQ: CMCSA) and Paramount Global (NASDAQ: PARA). However, with a slump in advertising revenue, Warner Bros missed both top and bottom-line estimates with its fourth quarter results. After the report, shares fell 12% in early trading on Friday. Fourth Quarter Highlights For the quarter that ended on Decemb

  • Reuters

    S&P puts Paramount Global on negative watch as streaming competition grows

    S&P currently has a 'BBB+' - investment grade - rating on the firm, whose stock has lost about a fifth of its value this year in the face of weak revenue growth and a $15.63 billion debt load as of September that was more than its total assets. "We believe FOCF (free operating cash flow) will be weaker than historical levels because the significant cash flows from the linear TV businesses will degrade rapidly as pay-TV subscribers continue to decline and advertisers migrate spending to streaming platforms," the ratings agency said.