ViacomCBS is a leading global media and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic consumer brands, its portfolio includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, Pluto TV and Simon & Schuster, among others. The company delivers the largest share of the U.S. television audience and boasts one of the industry's most important and extensive libraries of TV and film titles. In addition to offering innovative streaming services and digital video products, ViacomCBS provides powerful capabilities in production, distribution and advertising solutions for partners on five continents.
Company profile
Ticker
PARA, PARAA
Exchange
Website
CEO
Robert Bakish
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
CBS CORP, VIACOM INC, ViacomCBS Inc.
SEC CIK
Corporate docs
Subsidiaries
13 Investments LLC • 13 Productions LLC • 14 Hours Productions Inc. • 1928778 Ontario Inc. • 2POP, LLC • 300 New LLC • 365Gay LLC • 37th Floor Productions Inc. • 38th Floor Productions Inc. • 5555 Communications Inc. ...
IRS number
42949533
PARA stock data
Analyst ratings and price targets
Latest filings (excl ownership)
S-3ASR
Automatic shelf registration
20 Mar 23
ARS
2022 FY
Annual report to shareholders
17 Mar 23
DEFA14A
Additional proxy soliciting materials
17 Mar 23
DEF 14A
Definitive proxy
17 Mar 23
8-K
Entry into a Material Definitive Agreement
9 Mar 23
8-K
Other Events
3 Mar 23
10-K
2022 FY
Annual report
16 Feb 23
8-K
Results of Operations and Financial Condition
16 Feb 23
8-K
Amendments to Articles of Incorporation or Bylaws
21 Dec 22
8-K
Other Events
21 Nov 22
Transcripts
PARA
Earnings call transcript
2022 Q4
16 Feb 23
PARA
Earnings call transcript
2022 Q3
2 Nov 22
PARA
Earnings call transcript
2022 Q2
4 Aug 22
PARA
Earnings call transcript
2022 Q1
3 May 22
PARA
Earnings call transcript
2021 Q4
16 Feb 22
PARA
Earnings call transcript
2021 Q3
4 Nov 21
PARA
Earnings call transcript
2021 Q2
5 Aug 21
PARA
Earnings call transcript
2021 Q1
6 May 21
PARA
Earnings call transcript
2020 Q4
25 Feb 21
PARA
Earnings call transcript
2020 Q3
6 Nov 20
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Revenue | |||||
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 2.89 bn | 2.89 bn | 2.89 bn | 2.89 bn | 2.89 bn | 2.89 bn |
| Cash burn (monthly) | 166.00 mm | 293.08 mm | (no burn) | (no burn) | 35.67 mm | (no burn) |
| Cash used (since last report) | 511.48 mm | 903.06 mm | n/a | n/a | 109.90 mm | n/a |
| Cash remaining | 2.37 bn | 1.98 bn | n/a | n/a | 2.78 bn | n/a |
| Runway (months of cash) | 14.3 | 6.8 | n/a | n/a | 77.8 | n/a |
Institutional ownership, Q4 2022
84.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 771 |
| Opened positions | 133 |
| Closed positions | 123 |
| Increased positions | 272 |
| Reduced positions | 275 |
| 13F shares | Current |
|---|---|
| Total value | 8.37 tn |
| Total shares | 514.12 mm |
| Total puts | 19.82 mm |
| Total calls | 15.13 mm |
| Total put/call ratio | 1.3 |
| Largest owners | Shares | Value |
|---|---|---|
| BRK.A Berkshire Hathaway | 93.64 mm | $1.58 tn |
| Vanguard | 57.98 mm | $978.63 bn |
| BLK Blackrock | 42.10 mm | $710.62 bn |
| STT State Street | 32.93 mm | $563.78 bn |
| National Amusements | 31.50 mm | $0.00 |
| MS Morgan Stanley | 14.89 mm | $251.41 bn |
| IVZ Invesco | 12.99 mm | $219.24 bn |
| Geode Capital Management | 11.26 mm | $191.09 bn |
| Charles Schwab Investment Management | 11.24 mm | $189.69 bn |
| T. Rowe Price | 10.83 mm | $183.79 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mar 23 | Beinecke Candace K | Restricted Share Units Class B common stock | Grant | Acquire A | No | No | 0 | 2,169 | 0.00 | 2,169 |
| 1 Mar 23 | Ronald L Nelson | Restricted Share Units Class B common stock | Grant | Acquire A | No | No | 0 | 2,169 | 0.00 | 2,169 |
| 1 Mar 23 | Mchale Judith | Restricted Share Units Class B common stock | Grant | Acquire A | No | No | 0 | 2,169 | 0.00 | 2,169 |
| 1 Mar 23 | Barbara M Byrne | Restricted Share Units Class B common stock | Grant | Acquire A | No | No | 0 | 2,169 | 0.00 | 2,169 |
| 1 Mar 23 | Nicole Seligman | Restricted Share Units Class B common stock | Grant | Acquire A | No | No | 0 | 2,169 | 0.00 | 2,169 |
News
Paramount's Shopping List Of Attractive Assets Prompt Upgrade & 33% Price Target Boost By This Analyst
28 Mar 23
US Stocks Turn Lower, Tech Slides On Rising Yields, Energy Outperforms On Oil Gains: Fed's Barr Calls For More Regulation
28 Mar 23
Benzinga's Top Ratings Upgrades, Downgrades For March 28, 2023
28 Mar 23
11 Communication Services Stocks Moving In Tuesday's Pre-Market Session
28 Mar 23
B of A Securities Upgrades Paramount Global to Buy, Raises Price Target to $32
28 Mar 23
Press releases
Paramount Appoints Kristin Southey Executive Vice President, Investor Relations
27 Mar 23
NICKELODEON AND SPIN MASTER CELEBRATE 10 YEARS OF PAW PATROL WITH BRAND-NEW "ALL PAWS ON DECK" PRIMETIME ANNIVERSARY SPECIAL, PREMIERING MONDAY, APRIL 24, AT 7 P.M. (ET/PT)
24 Mar 23
Parmount+ and Popsugar Welcome You to the 1950s with the Frosty Palace-Themed Two Day Interactive Experience
23 Mar 23
WELCOME TO GOOD BURGER, HOME OF THE GOOD BURGER!
18 Mar 23
Paramount Global Files Proxy Statement, Announces Changes to its Board of Directors
17 Mar 23