Paramount makes drastic decision amid shift in customer behavior
Paramount is shifting gears as it faces a startling loss.
TV giant Paramount (PARA) , which owns networks such as CBS, Nickelodeon, MTV, and Comedy Central, is suffering from a popular consumer trend.
The company revealed in its first-quarter earnings report for 2025 that its total company revenue decreased by 6% year-over-year. Specifically, it generated $4.5 billion in TV media revenue, which is 13% lower than what it earned during the same quarter last year.
