Full-Time
Joint venture producing film, television content
$124k - $186k/yr
Burbank, CA, USA
In Person
Bachelor's, Master's, PhD
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Company Size
10,001+
Company Stage
IPO
Headquarters
Los Angeles, California
Founded
1912
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401(k) Company Match
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Paid Vacation
Paramount+ added 2 million subscribers in Q2, driven by its exclusive UFC broadcast deal in the US and FIFA World Cup rights in Latin America. The streaming service saw revenue surge 16%, with overall streaming revenue rising 9% to $2.5 billion. Despite streaming gains, Paramount's net earnings fell to $41 million from $57 million in Q2 2024. Television operations revenue dropped 9% to $3.12 billion, including a 6% decline in distribution fees from cable and satellite providers. The results came as Paramount awaits a trial scheduled for 2-19 March regarding its merger with Warner Bros. Discovery. Paramount faces a $7 billion fee if the deal collapses.
Paramount reported Q1 revenue of $6.91 billion, up 1% year-over-year, but net income of $41 million ($0.04 per share) missed Wall Street's forecast of $109 million ($0.09 per share). Streaming remained the strongest segment, with revenue rising 9% to approximately $2.5 billion. Paramount+ added two million subscribers, reaching 81.6 million worldwide. The studio business generated roughly $1.3 billion in revenue, whilst legacy TV declined 9% to $3.1 billion. Management forecast Q3 revenue between $6.95 billion and $7.15 billion. Paramount agreed to acquire Warner Bros. Discovery in a deal valued at roughly $110 billion in enterprise value. Investors are now focused on whether the combined entity can generate sufficient cash flow to manage integration costs and debt whilst achieving necessary scale.
Media & communications daily recap: Disney Plus evolves, YouTuber merch ranked, and more. Disney Plus eyes new horizons, YouTuber merch gets ranked, and streaming platforms unveil fresh content in today's media & communications recap. AI-assistedThis article was drafted with AI assistance based on the cited sources and reviewed against the DailyDrops editorial policy. How DailyDrops use AI. Quick answer: Disney Plus hints at moving beyond streaming, YouTuber merch gets a thorough ranking, and new short-form content launches on Hulu and Paramount+. Meanwhile, media and politics intersect as Trump's actions toward journalists come under renewed scrutiny. What happened. Today's media and communications landscape saw notable developments across streaming, social media, and entertainment. Disney Plus announced plans to move beyond traditional streaming, potentially signaling a new era for the platform. Meanwhile, a comprehensive YouTuber merch tier list video ranked 14 popular influencer products. In content news, Hulu and Paramount+ are rolling out new short-form and director's cut content, while Apple TV's "Widow's Bay" and a new manga series from the creator of "Cyberpunk: Edgerunners" garnered attention. In media politics, a report highlighted Donald Trump's ongoing conflict with journalists, including targeting a New York Times contributor. Why it matters. These developments reflect the rapidly evolving dynamics of digital media consumption and production. Disney Plus exploring non-streaming opportunities suggests major platforms are seeking new growth avenues as competition intensifies. The YouTuber merch ranking underscores the continuing influence of creators in shaping online commerce. The introduction of new, shorter streaming content responds to changing viewer habits and time constraints. Meanwhile, the intersection of politics and journalism remains a critical issue, as highlighted by ongoing tensions between public figures and the press. Key stats. * 14 YouTuber merch items were reviewed and ranked in a dedicated tier list video. * Hulu is releasing 6 new shows and movies in August, including a director's cut of "The X-Files: I Want to Believe." * Paramount+ highlighted 5 series that can be completed in under 30 minutes each, reflecting a demand for shorter content. * Disney Plus is set to expand beyond streaming, details forthcoming. * Political developments continue to impact media, with Trump's actions toward journalists drawing renewed scrutiny. What's next. Expect further announcements from Disney Plus regarding its new direction, which could include interactive content, live events, or technology partnerships. Streaming platforms will likely continue experimenting with show formats and runtimes to accommodate evolving viewer preferences. The influence of YouTubers and their merchandise will remain a significant driver in online retail. Ongoing political tensions around journalism are anticipated to persist, with potential implications for press freedom and media coverage. Sources. Frequently asked questions. * What changes are coming to Disney Plus? - Disney Plus announced it is exploring options beyond traditional video streaming, potentially including interactive content or new media formats. More details on these changes are expected soon. * Which YouTuber merch was ranked highest? - A recent video reviewed 14 YouTuber merch items, ranking them in a detailed tier list. The top-ranked items can be seen in the full video linked in the recap. * What new content is available on Hulu this August? - Hulu is releasing six new shows and movies in August, notably featuring a director's cut of 'The X-Files: I Want to Believe' among other original and returning series. * How is streaming content changing? - Platforms like Paramount+ are emphasizing short-form series that can be completed quickly, catering to viewers with limited time and shifting consumption habits. * What is the latest on Trump's relationship with the media? - Reports indicate Donald Trump's conflict with journalists continues, including actions targeting a freelance New York Times contributor, raising ongoing concerns about press freedom.
Paramount Skydance reported double-digit percentage volume gains in its TV advertising upfront selling season, marking the strongest results since the CBS-Viacom merger. However, the company did not disclose specific revenue figures or CPMs. For the second quarter, total ad revenue fell 9% to $1.94 billion. The company expects growth in the second half through streaming platforms, which will offset declining linear TV revenue. Direct-to-consumer platforms grew 9.3% to $2.47 billion, with Paramount+ revenue up 16% year-over-year. This helped absorb a 9.4% decline in traditional TV-media revenue to $3.12 billion. The earnings announcement follows news of a trial over Paramount Skydance's $111 billion deal for Warner Bros. Discovery, which may not complete until June 2027.
Paramount Skydance reported second-quarter results and raised its full-year profit outlook, as streaming and film growth offset cable television decline. The company increased its 2026 adjusted EBITDA target to between $3.8 billion and $3.9 billion, citing efficiencies from the Skydance combination with total expected savings of $3 billion. Total 2026 revenue remains projected at $30 billion, representing 4% year-over-year growth. Second-quarter revenue reached $6.91 billion, slightly up from the prior year. The direct-to-consumer segment grew 9% to $2.47 billion, whilst film division revenue increased 16% to $1.31 billion. TV media fell 9% to $3.13 billion. Paramount+ added 2 million subscribers, reaching 81.6 million globally. The company credited strong content including "Dutton Ranch" and live sports rights. Third-quarter revenue is expected between $6.95 billion and $7.15 billion.