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Telecoms Climb After Alphabet, Snap Earnings - Communications Services Roundup

Communications services companies rallied after strong earnings from Alphabet boded well for the advertising industry.

Interpublic Group Cos and other ad giants rose in sympathy.

Snap...
-April 26, 2024 at 05:50 pm EDT
- MarketScreener

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Paramount posts surprise adjusted profit, as higher streaming prices boost revenue

Shares of Paramount Global Inc. were up after hours on Wednesday after the media and entertainment giant reported a surprise adjusted quarterly profit, as...

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CBS owner Paramount cuts 800 jobs after record Super Bowl audience

CBS owner Paramount cuts 800 jobs after record Super Bowl audience
syracuse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from syracuse.com Daily Mail and Mail on Sunday newspapers.

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Paramount to cut 800 jobs even after Super Bowl broadcast notched record: report

The move came after Paramount’s 2024 Super Bowl broadcast on CBS, Nickelodeon, Paramount+ drew in 123.4 million viewers as the most-watched telecast ever..

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Paramount to lay off hundreds of staffers - Los Angeles Times

The cuts come as Paramount's controlling shareholder Shari Redstone has been evaluating potential deals to sell or merge the media giant.

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Paramount Cuts 800 Jobs Even as CEO Bakish Touts 'Blockbuster' Super Bowl

Chief Executive Bob Bakish says in an internal company memo that returning Paramount to earnings growth is a top priority.

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Paramount to lay off hundreds of staffers in cost-cutting effort

The cuts come as Paramount's controlling shareholder Shari Redstone has been evaluating potential deals to sell or merge the media giant.

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Paramount to Cut 800 Jobs Even as CEO Bakish Touts 'Blockbuster' Super Bowl

Paramount Chief Executive Bob Bakish said in an internal memo that returning to earnings growth was a top priority for the company. Gabby Jones/Bloomberg Paramount Global plans to eliminate jobs as the entertainment company takes a step

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Paramount to lay off hundreds of staffers in cost-cutting effort

Layoffs are hitting Paramount Global. The media giant that owns the famed Paramount Pictures movie studio, plus CBS, Nickelodeon and other networks, will eliminate roughly 800 jobs as part of a broad streamlining effort, according to a person familiar with the matter who was not authorized to comment. There is

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Paramount to lay off hundreds of staffers in cost-cutting effort

Paramount to lay off hundreds of staffers in cost-cutting effort
spokesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from spokesman.com Daily Mail and Mail on Sunday newspapers.

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