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Paramount’s Streaming Unit Ekes Out Profit as TV Continues to Decline

The Information · Sahil Patel · last updated

Paramount Global reported a 10% revenue growth in its streaming business during the third quarter, along with profits of $49 million, the latest sign that TV companies are now eking out profits in streaming.

During the company’s earnings call, Paramount CFO Naveen Chopra said the streaming …

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