Paramount Global, headquartered in New York City, is a mass media company with 21,900 employees, operating in three segments: TV Media, Direct-to-Consumer, and Filmed Entertainment. It creates and distributes content globally across various platforms.
PARA has been in the news recently: U.S. stocks were showing mixed results as investors awaited a key announcement from the Federal Reserve, while JND Legal Administration revealed a $120 million settlement for ViacomCBS Inc. stockholders related to a class action lawsuit. Paramount Global, the parent company of ViacomCBS, will be involved in the settlement process, with a court hearing set for August 5, 2025.
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