Paramount Global (PARA, PARAA) reported mixed second quarter results. Adjusted earnings of $0.54 per share was well above the $0.13 analysts polled by...
) reported mixed second quarter results. Adjusted earnings of $0.54 per share was well above the $0.13 analysts polled by Bloomberg were expecting. Revenue was $6.81 billion versus the $7.24 billion estimate.So the shares right now up 5.5% we've got young finances, Alexander can now here to give us the details on the numbers all.
And clearly, there's this transition that we're seeing across the media landscape from linear to streaming, but it's a bumpy road together and you mentioned Sky Dance. But they did call out that there are certain areas of the business that are in decline, one of them being linear cable.And one thing you might have mentioned this already, forgive me Warner Brothers.It sounds like part of that had to do with the exit from South Korea.That is really what they blamed it on it.I'm curious on their earnings call if they're going to going to elaborate a little bit more on that.
But until then I think we're going to see a lot of fireworks, a lot of activity on what you do with some of these other more depressed areas of the.I think, I think they're just, they're, I, I know because II I tell me things in my ear, but I can, it's very hard to know what to watch these days.The 79-year-old singer was scheduled to perform his The Hits show at The Colosseum at Caesars Palace but ill health forced him to pull out just hours before he was due on stage.
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