{"id":302303,"date":"2026-02-26T01:20:12","date_gmt":"2026-02-26T01:20:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/302303\/"},"modified":"2026-02-26T01:20:12","modified_gmt":"2026-02-26T01:20:12","slug":"paramount-sees-q4-profit-loss-widen-amid-new-effort-to-acquire-warner","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/302303\/","title":{"rendered":"Paramount Sees Q4 Profit Loss Widen Amid New Effort to Acquire Warner"},"content":{"rendered":"

\n\tParamount Skydance<\/a>, in the midst of pursuing a acquisition of Warner Bros, Discovery, saw downturns in revenue from TV advertising and distribution in the fourth quarter, which helped to spur a wider loss for the period, even as revenue increased in its streaming and film operations.<\/p>\n

\n\tThe owner of the CBS broadcast network and Paramount+ posted a loss that widened from the year-earlier period, to $573 million from $224 million, despite a 2% increase in revenue.<\/p>\n

\n\tParamount posts its fourth quarter results as it is intensifying its chase for Warner Bros. Discovery, which is considering a revamped Paramount bid to buy all of the company even though it has already struck an agreement to sell its HBO Max streaming service and Warner studios to Netflix<\/a>. <\/p>\n

\n\t\u201cOver the past six months, we have made meaningful progress,\u201d said David Ellison<\/a>, Paramount\u2019s CEO, in a letter to shareholders, noting that executives \u201cremain confident in the path we\u2019ve set to transform this company for the future.\u201d<\/p>\n

\n\tParamount said revenue grew 10% at its streaming operations, to $2.21 billion, while revenue from filmed entertainment rose 16% to nearly $1.26 billion. But revenue fell 5% at the company\u2019s largest business, its TV networks, to $4.7 billion, compared with nearly $4.98 billion in the year-earlier period. Paramount said TV advertising during the quarter fell 10%, while distribution revenue fell 7%.<\/p>\n

\n\tThe company projected better times ahead, calling for a 4% uptick in revenue for all of 2026, while guiding Wall Street to a projection of revenue of $7.15 billion to $7.35 billion for the first quarter of the year. Those figures would represent a decline of 1% to an uptick of 2% in revenue for the period.<\/p>\n

\n\tAn acquisition of Warner would help boost the company\u2019s economics, Ellison said in the letter. The company views Warner \u201cas an accelerant\u201d to achieving its goals \u201cmore quickly, in a way that is economically compelling for Paramount shareholders.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Paramount Skydance, in the midst of pursuing a acquisition of Warner Bros, Discovery, saw downturns in revenue from…\n","protected":false},"author":2,"featured_media":302304,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[11948,156,1094,111,139,69,68338,437,3204],"class_list":{"0":"post-302303","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tv","8":"tag-david-ellison","9":"tag-entertainment","10":"tag-netflix","11":"tag-new-zealand","12":"tag-newzealand","13":"tag-nz","14":"tag-paramount-skydance","15":"tag-tv","16":"tag-warner-bros-discovery"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/302303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=302303"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/302303\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/302304"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=302303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=302303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=302303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}