Paramount Q1 Profit Rises on Streaming, Studios, Despite TV’s Decline ...Middle East

Paramount Skydance said first-quarter profit rose despite shortfalls in the company’s largest business –traditional TV — as revenue dips from cable and broadcast were offset by growth in movie and TV production as well as subscriptions to Paramount+. In a letter to shareholders Monday, the owner of CBS, Comedy Central and the Paramount movie studio […]

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