David McNew Above: Will Shari open the legacy gates to PARA at the present deal bids? There are three sides to every story: my side, your side and the truth, And no one is lying… – Robert Evans movie mogul (1930-2019) The above mote of wisdom emanated from one of the most successful survivors of…
Paramount Global (NASDAQ:PARA) Morgan Stanley Technology, Media and Telecom Conference March 6, 2024 11:00 AM ET Company Participants Naveen Chopra – Executive VP & CFO Conference Call Participants Benjamin Swinburne – Morgan Stanley Benjamin Swinburne Good morning, everybody. I’m Ben Swinburne, Morgan Stanley’s media and entertainment analyst. A quick disclosure, please note that important disclosures,…
The media shake-up has intensified amid changing advertising trends fueled by the rise of X platform backed by tech billionaire Elon Musk. Warner Bros Discovery Inc (NASDAQ: WBD) and its media rival company Paramount Global (NASDAQ: PARA) are reportedly in early merger talks, according to people familiar with the matter. The two media houses intend…
Frazer Harrison Shares of Paramount Global (NASDAQ:PARA) have had a rough 12 months, losing around a quarter of their value despite a very welcome rally post-Q3 results. Source: Seeking Alpha Of course, Paramount isn’t alone in its struggles. All the legacy media giants are in a state of flux these days, as not only do…