Paramount Global posted a third quarter profit even as its biggest business, TV, faced a downturn in advertising and flat affiliate revenue.
Paramount Global saw a third-quarter profit hike thanks to new revenue from its streaming and film operations even as its largest business, linear TV, grappled with flat
distribution revenue and a downturn in advertising dollars. The New York owner of CBS, the Paramount movie studio and the Nickelodeon cable network said revenue rose 3% during
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