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Bloomberg Intelligence

U.S Earnings, State of EVs and Hotels

Mar 1, 2024
Topics include Macy's earnings, the state of the electric vehicle industry, antitrust review for Capital One's bid, Amazon boosting market share, Hyatt Hotels industry status, and Paramount earnings.
39:03

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Quick takeaways

  • Paramount anticipates profitability for Paramount Plus by 2025, showing revenue growth potential.
  • Shift towards asset-light strategy boosts earnings from management, reducing reliance on real estate.

Deep dives

Paramount's Profitability Outlook for Paramount Plus by 2025

Paramount projects profitability for Paramount Plus domestically by 2025, indicating a positive trajectory towards revenue growth and profitability, buoyed by an increase in average revenue per user (ARPU) by 30%. The company's losses have narrowed, demonstrating progress towards financial stability.

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