Paramount Global’s Revenue by Segment (2016-2023)
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This statistic highlights Paramount Global’s Revenue by Segment, split across Direct to Consumer, Filmed Entertainment, and TV Entertainment, and reported on a quarterly basis, starting from 2016 onwards.
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This statistic highlights Paramount Global’s Revenue by Segment, split across Direct to Consumer, Filmed Entertainment, and TV Entertainment, and reported on a quarterly basis, starting from 2016 onwards.
Paramount Global’s Revenue by Segment
Paramount Global is an American multinational mass media and entertainment conglomerate headquartered in New York City. It was formed on December 4, 2019, through the merger of the second incarnations of CBS Corporation and Viacom (which had been separated in 2005).
The company’s Revenue is generated through various segments, they are:
- Cable Networks (Deprecated)
- Direct to Consumer
- Filmed Entertainment
- TV Entertainment
The below table shows us the revenue generation by type of Paramount Global:
| Segment | 2022 Q3 | 2022 Q4 | 2023 Q1 | Revenue mix for Q1 2023 |
| Cable Networks | 0% | |||
| Direct to Consumer | 12,26,000.0 | 13,96,000.0 | 15,10,000.0 | 21% |
| Filmed Entertainment | 7,83,000.0 | 9,36,000.0 | 5,88,000.0 | 8% |
| TV Entertainment | 49,48,000.0 | 58,83,000.0 | 51,93,000.0 | 71% |
| Total | 69,57,000.0 | 82,15,000.0 | 72,91,000.0 | 100% |
(All figures in USD except percentages)
We can see that TV Entertainment holds major stakes in the revenue generation of this company. It brings around 71% of revenue. The second largest contributor is Direct to Consumer Segment which generates around 21% of the revenue. Other remaining income is generated by the filmed entertainment segment. The Cable Networks (deprecated) segment shows no income because the company is shifting its focus to its streaming businesses. The Cable Networks segment includes revenue from Paramount’s cable networks, such as Nickelodeon, MTV, and Comedy Central. These networks have been facing declining viewership in recent years, and Paramount believes that its streaming businesses are a better investment for the future.
The segments which generate revenue are:
- Cable Networks (deprecated): This segment includes revenue from Paramount’s cable networks, such as Nickelodeon, MTV, and Comedy Central.
- Direct to Consumer: This segment includes revenue from Paramount’s streaming services, such as Paramount+ and Pluto TV.
- Filmed Entertainment: This segment includes revenue from Paramount’s film and television production and distribution businesses
- TV Entertainment: This segment includes revenue from Paramount’s broadcast and cable television networks, such as CBS and The CW.
About Paramount Global
With its headquarters in New York City, Paramount Global is a worldwide American company that deals in entertainment and mass media. The second incarnation of Viacom and CBS Corporation, which had been split off in 2005, were combined on December 4, 2019, to create it. Paramount Global is a leading player in the global media and entertainment industry, with its film division, Paramount Pictures, producing some of the most iconic films in history. It also owns and operates a number of broadcast and cable networks, and produces and distributes television programming for other networks. Paramount+, a streaming service, launched in 2021, offers a wide range of content, including original programming, movies, and television shows from Paramount’s library. Paramount Global is a leading player in the global media and entertainment industry, with its portfolio of assets giving it a strong position in the film, television, and streaming markets.
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