In the second quarter of 2024, Paramount Global reported expenses of nearly six billion U.S. dollars, down from the same period the previous year. After recording heavy losses in its direct-to-consumer (DTC) segment between 2021 and the beginning of 2024, the media company implemented several cost-cutting measures, including layoffs and content cuts. In the second quarter of 2024, Paramount's streaming services, including Paramount+ and Pluto TV, generated an adjusted operating income before depreciation and amortization of around 26 million U.S. dollars.
Expenses of Paramount Global from 1st quarter 2023 to 2nd quarter 2024
(in million U.S. dollars)
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Paramount. (August 8, 2024). Expenses of Paramount Global from 1st quarter 2023 to 2nd quarter 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1493077/paramount-expenses/
Paramount. "Expenses of Paramount Global from 1st quarter 2023 to 2nd quarter 2024 (in million U.S. dollars)." Chart. August 8, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1493077/paramount-expenses/
Paramount. (2024). Expenses of Paramount Global from 1st quarter 2023 to 2nd quarter 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1493077/paramount-expenses/
Paramount. "Expenses of Paramount Global from 1st Quarter 2023 to 2nd Quarter 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 8 Aug 2024, https://www.statista.com/statistics/1493077/paramount-expenses/
Paramount, Expenses of Paramount Global from 1st quarter 2023 to 2nd quarter 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1493077/paramount-expenses/ (last visited November 21, 2024)
Expenses of Paramount Global from 1st quarter 2023 to 2nd quarter 2024 (in million U.S. dollars) [Graph], Paramount, August 8, 2024. [Online]. Available: https://www.statista.com/statistics/1493077/paramount-expenses/
