Paramount Global (NAS:PARA)
$ 10.44 0.02 (0.19%) Market Cap: 7.44 Bil Enterprise Value: 21.14 Bil PE Ratio: 0 PB Ratio: 0.42 GF Score: 70/100

Paramount Global at Deutsche Bank Media, Internet and Telecom Conference Transcript

Mar 15, 2022 / 02:20PM GMT
Release Date Price: $35.21 (-1.57%)
Bryan D. Kraft
Deutsche Bank AG, Research Division - Senior Analyst

Okay. Thanks, everyone, for coming to our second morning keynote for this morning. I'm really pleased to introduce Naveen Chopra, who is the CFO of Paramount. Naveen, welcome. Thanks for coming today.

Naveen Chopra
Paramount Global - Executive VP & CFO

Thank you. Thanks for having us. Good to be back doing these things in person. It's been a while.

Questions & Answers

Bryan D. Kraft
Deutsche Bank AG, Research Division - Senior Analyst

It has. We'll jump right into it. At your Investor Day in February, you increased your 2024 streaming subscriber and revenue guidance by about 50% to 100 million subs and $9 billion-plus in revenue. What are the primary reasons for your confidence in raising the guidance by such a large amount after only setting that original guidance just a year ago?

Naveen Chopra
Paramount Global - Executive VP & CFO

Yes. Well, it ultimately comes down to the success

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