Paramount Global Class B
PARA: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$12.00 | Xnmgd | Fmnfy |
DTC Losses Led to Dividend Cut; Lowering FVE to $35
Business Strategy and Outlook
Formed via the reunion of Viacom and CBS, the rebranded Paramount derives a durable competitive advantage from the CBS broadcast network, a valuable portfolio of cable networks with worldwide carriage, production studios, and a now deeper content library. Given our overarching premise that the value of high-quality content will continue to increase, the production studios are among the most attractive assets of the reunited firm.