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Paramount Global annual revenue for 2022 was $30.154B, a 5.49% increase from 2021. Paramount Global annual revenue for 2021 was $28.586B, a 13.06% increase from 2020. Paramount Global is a media and entertainment company which creates premium content and experiences for audiences.
–Subscription revenue grew 22%, driven by subscriber growth and pricing increases for Paramount+. –Advertising revenue rose 31%, driven by growth from Pluto TV and Paramount+, including the benefit of Super Bowl LVIII. –Paramount+ revenue grew 51%, reflecting subscriber growth and ARPU expansion.
PARAMOUNT REPORTS Q4 AND FULL YEAR 2023 EARNINGS RESULTS ★Paramount+ Increased Revenue 69% Year-Over-Year in Q4 and Reached 67.5 Million Subscribers; Global ARPU Expanded 31% ★DTC Adjusted OIBDA Improved Year-Over-Year for the 3rd Consecutive Quarter; Full Year DTC Losses Peaked in 2022, a Year Ahead of Plan
ir.paramount.com
Feb 16, 2023 · Paramount+ revenue grew 81% year-over-year. Subscription revenue grew 48% year-over-year, principally reflecting paid subscriber growth on Paramount+. Advertising revenue rose 4% year-over-year. Adjusted OIBDA decreased $73 million year-over-year, reflecting investments in content and international expansion.
4 days ago · Paramount Global had revenue of $30.07B in the twelve months ending March 31, 2024, down -0.06% year-over-year. Revenue in the quarter ending March 31, 2024 was $7.69B with 5.78% year-over-year growth. In the year 2023, Paramount Global had annual revenue of $29.65B, a decrease of -1.66%.
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NEW YORK, Feb. 28, 2024 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA) today announced financial results for the fourth quarter and full year ended December 31, 2023.
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