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What Paramount’s Earnings Report Could Tell Us About the State of Streaming

What Paramount’s Earnings Report Could Tell Us About the State of Streaming

FromWSJ's Take On the Week


What Paramount’s Earnings Report Could Tell Us About the State of Streaming

FromWSJ's Take On the Week

ratings:
Length:
22 minutes
Released:
Feb 25, 2024
Format:
Podcast episode

Description

This week, we’re looking ahead to Paramount Global’s earnings report. The company that includes TV, movies, and streaming, has been taking it on the chin from investors. Its stock has lost more than 50% of its value in the past year, so Wednesday’s report could be pivotal. Recently much of the talk about Paramount has been as an acquisition target — for media executive Byron Allen to Skydance Media CEO David Ellison. Michael Morris, senior managing director at Guggenheim Securities, joins us to share what this week’s earnings report from Paramount could tell us about what’s coming next — for streaming, for entertainment and for media conglomerates on Wall Street. Then, we turn our attention to the upcoming personal consumption expenditures report, or PCE. The report is slated to be released on Thursday and with stocks looking priced for perfection these days, we’ll unpack what investors need to know to be ready. WSJ market reporters Gunjan Banerji and Sam Goldgard join for a roundtable discussion on what the report means for the markets. Lastly, we’re celebrating the extra day this month with Mark Maurer, reporter for WSJ’s CFO Journal publication. Mark shares how chief financial officers at some of the largest companies, like Chipotle, Walmart, and Delta Airlines, are getting investors ready for leap day.



Further Reading

Skydance Backers Explore All-Cash Deal to Gain Control of Paramount 



For more coverage of the markets and your investments, head to WSJ.com.
Released:
Feb 25, 2024
Format:
Podcast episode

Titles in the series (37)

WSJ’s Take On the Week brings you the insights and analysis you need to get a leg-up on the business and financial week to come. In less than 20 minutes, we cut through the noise to explain the major business and financial news that may move markets, all so you can make smarter investing decisions and take on the week with confidence. Episodes drop Sundays. Hosted by Dion Rabouin.