$PARA Paramount Global Q4 2024 Earnings Conference Call
02/26/2025 Q&A: 29:44 Paramount Global operates as a media, streaming, and entertainment company worldwide. It operates ...
Co-Chief Executive Officer, Skydance
Search every verified Christopher Mccarthy interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Christopher McCarthy, co-chief executive officer of Paramount Global, said on the company’s Q4 2024 earnings call that the company added 5.6 million new subscribers in the quarter, the strongest quarter in two years, and 10 million for the full year. He stated that global watch time per user improved 20% in Q4 and that churn improved by over 100 basis points year-over-year. McCarthy noted that total company adjusted operating income returned to growth, up 30% year-over-year to $3.1 billion, and that free cash flow reached $489 million, the highest in four years. He said the company is “making the successful transformation into a streaming‑first company” and expressed confidence that Paramount Plus will achieve domestic profitability in 2025. In earlier interviews, McCarthy described the company’s strategy as focused on creating “mass commercial hits” and franchising its intellectual property to fuel Paramount Plus growth. He said the winner of the streaming wars “is not going to be the one that spends the most money but the one that makes the mass commercial hits” and that the company is “laser focused on making the big hits and turning them into franchises.” He also noted that Paramount Global was leveraging its linear television base, where “over 70% of all TV minutes are spent on linear,” to launch new series and accelerate its streaming service.
02/26/2025 Q&A: 29:44 Paramount Global operates as a media, streaming, and entertainment company worldwide. It operates ...
Chris McCarthy, Paramount Media Networks and MTV Entertainment Studios president and CEO, joins CNBC's 'Squawk Box' to ...
Chris McCarthy, president and CEO of ViacomCBS Media Networks, joins CNBC's 'Squawk Box' to discuss Paramount Plus and ...
Nov.14 -- Chris McCarthy, group president at MTV, VH1, and Logo, discusses steps taken to target viewer growth across multiple platforms and plans for capitalizing on their extensive content library. He speaks with Bloomberg's Vonnie Quinn on "Bloomberg Markets."
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