Overview

• Paramount Global swung to a $152 million net profit in Q1 2025, reversing a $554 million loss from the same period last year.
• The company added 1.5 million Paramount+ subscribers in Q1, reaching a total of 79 million worldwide.
• Streaming losses narrowed significantly to $109 million, down from $286 million in the prior year, as direct-to-consumer revenue rose 9% to $2.04 billion.
• Paramount reaffirmed that its $8 billion merger with Skydance Media is expected to close in the first half of 2025, pending FCC and regulatory approvals.
• Despite a 6% dip in overall revenue, strong sports programming and a robust content slate contributed to growth in key areas, including filmed entertainment and streaming subscriptions.