Paramount skids to a loss but says merger expected to close in first half as expected
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Paramount Global Inc. reported a loss in Q4 despite growth in its streaming service. The company remains on track to complete its merger with Skydance in the first half of the year.
February 26, 2025 | 10:00 pm
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Paramount Global Inc. reported a Q4 loss, but the company is still on track to complete its merger with Skydance in the first half of the year. Despite the loss, streaming services showed marked growth.
The Q4 loss might negatively impact short-term stock prices, but the ongoing merger with Skydance and streaming growth could offset this. The merger's completion is a significant event, maintaining investor interest.
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