OverviewSuggest Edit

Paramount Global (formerly known as ViacomCBS) is a global media and entertainment company. It was formed as a result of a merger between Viacom and CBS. The company operates through 3 segments: TV Entertainment, Cable Networks, and Filmed Entertainment. The TV Entertainment segment creates and acquires programming for distribution and viewing on multiple media platforms, including proprietary broadcast network, through multichannel video programming distributors (MVPDs) and virtual MVPDs, and streaming services, as well as for licensing to third parties. The Cable Networks segment creates and acquires programming for distribution and viewing on multiple media platforms, including proprietary cable networks, through MVPDs and virtual MVPDs, and own streaming services, as well as for licensing to third parties. The Filmed Entertainment segment develops, produces, finances, acquires, and distributes films, television programming, and other entertainment content in various markets and media.

TypePublic
Founded2019
HQNew York, NY, US
Websiteviacomcbs.com
Employee Ratings3.5
Overall CultureC-

Latest Updates

Employees (est.) (Dec 2020)22,109(-7%)
Revenue (FY, 2020)$25.3 B(-9%)
Share Price (Apr 2022)$35.4(-8%)
Cybersecurity ratingAMore
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Key People/Management at Paramount Global

Robert M. Bakish

Robert M. Bakish

President and CEO
Raffaele Annecchino

Raffaele Annecchino

President and CEO, ViacomCBS Networks International
Alex Berkett

Alex Berkett

Executive Vice President, Corporate Development and Strategy
George Cheeks

George Cheeks

President and Chief Executive Officer, CBS Entertainment Group
Anthony DiClemente

Anthony DiClemente

Executive Vice President, Investor Relations
Dan Cohen

Dan Cohen

President, Global Distribution Group
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Paramount Global Office Locations

Paramount Global has offices in New York, Chicago, Hauppauge, Los Angeles and in 20 other locations
New York, NY, US (HQ)
1515 Broadway
Chicago, IL, US
401 North Michigan Avenue
Hauppauge, NY, US
35 Adams Ave
Los Angeles, CA, US
1575 N Gower St
Miami Beach, FL, US
1111 Lincoln Rd
New York, NY, US
1540 Broadway
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Paramount Global Financials and Metrics

Paramount Global Revenue

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Paramount Global's revenue was reported to be $25.29 b in FY, 2020 which is a 9.1% decrease from the previous period.
USD

Revenue (Q3, 2021)

6.6b

Gross profit (Q3, 2021)

2.5b

Gross profit margin (Q3, 2021), %

38.5%

Net income (Q3, 2021)

551.0m

EBIT (Q3, 2021)

879.0m

Market capitalization (20-Apr-2022)

19.2b

Closing stock price (20-Apr-2022)

35.4

Cash (30-Sept-2021)

4.8b

EV

33.6b
Paramount Global's current market capitalization is $19.2 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

14.5b27.8b25.3b

Revenue growth, %

6%92%(9%)

Cost of goods sold

9.1b17.2b15.0b

Gross profit

5.4b10.6b10.3b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

4.2b3.8b3.3b6.7b6.3b6.1b7.4b6.6b6.6b

Cost of goods sold

2.7b2.5b2.1b4.1b3.5b3.6b4.4b3.9b4.1b

Gross profit

1.4b1.3b1.2b2.6b2.8b2.5b3.0b2.7b2.5b

Gross profit Margin, %

34%34%37%39%44%41%41%41%39%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

322.0m632.0m3.0b

Accounts Receivable

4.0b7.2b7.0b

Prepaid Expenses

149.0m401.0m622.0m

Inventories

2.0b2.9b1.8b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

500.0m216.0m196.0m589.0m2.3b3.1b5.5b5.4b4.8b

Accounts Receivable

4.1b3.8b3.7b7.2b7.1b6.9b7.3b6.8b6.6b

Prepaid Expenses

152.0m158.0m218.0m1.2b1.2b1.3b1.0b1.1b1.2b

Inventories

1.5b1.9b2.0b1.4b1.8b1.9b1.1b1.4b1.6b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

2.0b3.3b2.7b

Depreciation and Amortization

428.0m443.0m430.0m

Inventories

(830.0m)(14.2b)(12.2b)

Accounts Payable

(94.0m)297.0m188.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

1.6b2.0b2.3b519.0m1.2b1.9b923.0m2.0b2.5b

Depreciation and Amortization

53.0m106.0m158.0m113.0m237.0m335.0m99.0m194.0m289.0m

Cash From Operating Activities

438.0m314.0m341.0m356.0m1.2b2.6b1.7b1.8b1.7b

Capital Expenditures

(27.0m)(60.0m)(94.0m)(51.0m)(132.0m)(213.0m)(62.0m)(138.0m)(231.0m)
USDFY, 2018

Debt/Equity

3.6 x

Debt/Assets

0.5 x

Financial Leverage

7.8 x
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Paramount Global Operating Metrics

FY, 2018FY, 2019

Television Stations

2929

Websites

1717
Show all operating metrics

Paramount Global Acquisitions / Subsidiaries

Company NameDateDeal Size
AnaneyApril 06, 2020
CBS CorporationDecember 04, 2019
ViacomDecember 04, 2019
Pop TVMarch 12, 2019$39 m
Pluto TVMarch 04, 2019$324 m
Awesomeness TV HoldingsJuly 18, 2018$25 m
Pop Culture MediaApril 07, 2018
VidCon LLCFebruary 08, 2018
WhoSay Inc.January 08, 2018
Ten Network Holdings LimitedNovember 17, 2017
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Paramount Global Revenue Breakdown

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Paramount Global revenue breakdown by business segment: 41.4% from TV Entertainment, 48.7% from Cable Networks and 9.9% from Filmed Entertainment

Paramount Global revenue breakdown by geographic segment: 18.2% from International and 81.8% from United States

Paramount Global Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

Paramount Global Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Paramount Global Online and Social Media Presence

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Paramount Global Company Culture

  • Overall Culture

    C-

    65/100

  • CEO Rating

    C

    67/100

  • Compensation

    C

    65/100

  • Diversity

    C

    66/100

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Paramount Global News and Updates

Paramount Global Showcases Full Scale and Power of IP-Driven, Multiplatform Content Company During Historic In-Person Upfront Presentation at Carnegie Hall

Built on the Strength of Iconic Brands, Premium Programming and Massive Reach Across Linear and Streaming to Deliver Unmatched Marketing Solutions for Advertising Partners *Click here for media assets *Visit Press Express for presentation and blue carpet images NEW YORK, May 18, 2022...

Paramount Global CEO Bob Bakish to Participate in the JP Morgan Global Technology, Media and Communications Conference

NEW YORK, May 17, 2022 /PRNewswire/ -- Paramount Global (NASDAQ: PARA; PARAA) today announced that Bob Bakish, President and Chief Executive Officer, will participate in a question and answer session during the JP Morgan Technology, Media & Communications Conference in Boston, MA on...

Paramount Global and Citi surge after Berkshire Hathaway discloses new stakes

Three of the new positions revealed in Berkshire Hathaway's 13-F filing jumped in premarket trade on Tuesday. Paramount Global's B shares bounced 10%, as Celanese rose 6% and Citigroup rose 5%. Investors had already known that Warren Buffett's investment vehicle had invested heavily in Occidental…

Paramount Global CFO Naveen Chopra to Participate in the MoffettNathanson Media & Communications Summit

NEW YORK, May 12, 2022 /PRNewswire/ -- Paramount Global (NASDAQ: PARA; PARAA) today announced that Naveen Chopra, Chief Financial Officer, will participate in a question and answer session during the MoffettNathanson Media & Communications Summit in New York, NY on Thursday, May 19, 2022,...

Paramount Global stock dips after revenue falls short

Shares of Paramount Global Inc. were off 4% in premarket trading Tuesday after the company formerly known as ViacomCBS posted declining revenue and profits for its most recent quarter. The company generated net earnings of $433 million, or 64 cents a share, compared with $911 million, or $1.44 a sh…
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Paramount Global Frequently Asked Questions

  • When was Paramount Global founded?

    Paramount Global was founded in 2019.

  • Who are Paramount Global key executives?

    Paramount Global's key executives are Robert M. Bakish, Raffaele Annecchino and Alex Berkett.

  • How many employees does Paramount Global have?

    Paramount Global has 22,109 employees.

  • What is Paramount Global revenue?

    Latest Paramount Global annual revenue is $25.3 b.

  • What is Paramount Global revenue per employee?

    Latest Paramount Global revenue per employee is $1.1 m.

  • Who are Paramount Global competitors?

    Competitors of Paramount Global include hulu, YouTube and Warner Media.

  • Where is Paramount Global headquarters?

    Paramount Global headquarters is located at 1515 Broadway, New York.

  • Where are Paramount Global offices?

    Paramount Global has offices in New York, Chicago, Hauppauge, Los Angeles and in 20 other locations.

  • How many offices does Paramount Global have?

    Paramount Global has 25 offices.