Paramount Global: A Story No One Is Reporting Could Herald A Turnaround

Max Greve
2024-11-24
  • Paramount's financial woes and extensive cost-cutting measures are overshadowed by the potential operational improvements under new leadership, especially in streaming and content strategy.
  • Paramount's streaming future is uncertain, but retaining it as an independent service with improved tech is recommended.
  • Paramount's showdown with Nielsen over measurement fees could lead to significant savings, potentially doubling market cap on its own.
  • Despite past mistakes, there are signs of a turnaround with new management, and I maintain a Buy rating on Paramount.

J Studios/DigitalVision via Getty Images

As we close in on Thanksgiving I want to give a quick update on Paramount (NASDAQ:PARA) which I haven’t covered in about six months. As I’ve said before I try to avoid writing

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