Paramount Global Class A (PARAA)

• Market cap: $15.5B
• 1 day: 1.58%
• 5 days: 3.85%
• 1 month: 2.75%
• 3 months: 2.66%
• 6 months: 1.36%
• Year to date: 4.23%
• 1 year: 5.36%
• 5 years: -29.76%
• 10 years: -29.76%
• Sector: Communication Services
• Industry: Television Broadcasting Stations

About: Paramount Global operates in three global business segments: TV media, filmed entertainment, and direct to consumer. The TV media business includes television production studios and various broadcast and cable networks, including CBS, 15 owned CBS affiliates, Paramount, Nickelodeon, MTV, BET, and VH1. Filmed entertainment consists multiple film studios, most importantly Paramount Pictures. The film studios produce and distribute movies that they license to movie theaters and other media outlets. Direct to consumer includes multiple streaming platforms, including Paramount+, which now includes Showtime, Pluto TV, and BET+. Much of the content on Paramount's streaming platforms is created by the production studios housed within the firm's other two business segments.

Employees: 21,900

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

86% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 14

16% more capital invested

Capital invested by funds: $138M [Q2] → $160M (+$21.5M) [Q3]

9% more funds holding

Funds holding: 99 [Q2] → 108 (+9) [Q3]

0.54% less ownership

Funds ownership: 19.02% [Q2] → 18.48% (-0.54%) [Q3]

6% less call options, than puts

Call options by funds: $409K | Put options by funds: $435K

32% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 31