Paramount Global operates as a media and entertainment entity on a global scale, distributing a wide range of programming that includes news, public affairs, sports, and entertainment broadcasts. The company is engaged in the acquisition, development, and scheduling of a diverse lineup on the CBS Television Network, featuring primetime comedies, dramas, reality shows, specials, children's programs, daytime dramas, game shows, and late-night content. Additionally, it produces or distributes various formats such as talk shows, court shows, game shows, and newsmagazines, while owning and managing 29 broadcast television stations. Paramount Global also oversees CBS Sports Network, a 24-hour cable channel dedicated to sports and related content, alongside its streaming and cable subscription services. The financial landscape of the company highlights that the cost of revenue for the company is $19,437,000,000.00 showcasing its production and operational expenses. The EBITDA ratio is -0.17 highlighting the company's operational efficiency. Furthermore, the company incurred an income tax expense of -$305,000,000.00 indicating its tax obligations. On the profitability front, the earnings per share (EPS) is reported at -$9.30 indicating the company's profitability on a per-share basis. The financial data pertains to the fiscal year 2024. In addition, Paramount Global operates Paramount+, which is a digital subscription video on-demand and live streaming service, while also creating and acquiring programming for distribution across various media platforms, including subscription cable networks, subscription streaming services, and both premium and basic cable networks. The company is also active in film development, production, financing, acquisition, and distribution, and was known as ViacomCBS Inc. until changing its name to Paramount Global in February 2022. The company was incorporated in 1986 and is headquartered in New York, New York, functioning as a subsidiary of National Amusements, Inc. In terms of market positioning, the stock is affordable at $22.62 making it suitable for budget-conscious investors. Although the stock has a low average trading volume of 22,951.00 indicating lower market activity, it maintains a mid-range market capitalization of $8,609,759,781.00 categorizing the company as a steady performer. Paramount Global is a key player in the Entertainment industry, contributing significantly to the overall market landscape. Additionally, it belongs to the Communication Services sector, driving innovation and growth within its domain.