Name | Value |
---|---|
Revenues | 7,685.0M |
Cost of Revenue | 6,154.0M |
Gross Profit | 1,531.0M |
Operating Expense | 1,796.0M |
Operating I/L | -417.0M |
Other Income/Expense | -218.0M |
Interest Income | 45.0M |
Pretax | -635.0M |
Income Tax Expense | -172.0M |
Net Income/Loss | -554.0M |
Paramount Global is a leading media and entertainment company that operates worldwide. The company's primary revenue streams come from distributing a wide range of news, public affairs, sports, and entertainment programming, including primetime comedies, dramas, reality shows, kids' programs, and late-night shows on the CBS Television Network. Paramount Global also operates CBS Sports Network, a 24-hour cable channel, and Paramount+, a digital subscription video on-demand and live streaming service. Additionally, the company develops, produces, finances, acquires, and distributes films, creating and acquiring programming for distribution across various media platforms.