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Paramount Global Posts $152M Profit, Boosts Streaming Subscribers

5/9/2025

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Summary

Story summary

Paramount Global achieved a Q1 profit of $152 million, recovering from a $554 million loss last year.
Streaming subscribers increased to 79 million, boosting subscription revenue by 16% through Paramount+.
The merger with Skydance Media is expected to close in H1 2025, pending regulatory approval.
TV/media revenue declined by 13%, while filmed entertainment revenue grew by 4%.
Paramount targets domestic profitability for Paramount+ by 2025 amid economic challenges.

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Story summary

Paramount Global achieved a Q1 profit of $152 million, recovering from a $554 million loss last year.
Streaming subscribers increased to 79 million, boosting subscription revenue by 16% through Paramount+.
The merger with Skydance Media is expected to close in H1 2025, pending regulatory approval.
TV/media revenue declined by 13%, while filmed entertainment revenue grew by 4%.
Paramount targets domestic profitability for Paramount+ by 2025 amid economic challenges.