Paramount Global (PARA) Q1 2025 Earnings Call Transcript

Paramount Global (NASDAQ:PARA) Q1 2025 Earnings Conference Call May 8, 2025 4:30 PM ET

Company Participants

Jaime Morris - EVP of IR
Brian Robbins - President and CEO
Chris McCarthy - President and CEO
George Cheeks - President and CEO
Naveen Chopra - EVP and CFO

Conference Call Participants

Steven Cahall - Wells Fargo
Robert Fishman - MoffettNathanson
Ben Swinburne - Morgan Stanley
Richard Greenfield - LightShed
Kutgun Maral - Evercore ISI

Operator

Good afternoon, my name is Nadia and I'll be the conference operator today. At this time, I would like to welcome everyone to Paramount Global's Q1 2025 Earnings Conference Call. At this time, all lines have been muted to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. [Operator Instructions].

I would now like to turn the call over to Jamie Morris, Paramount Global's EVP Investor Relations. You may now begin your conference call.

Jaime Morris

Good afternoon, everyone. Thank you for taking the time to join us for our first quarter 2025 earnings call. Joining me for today's discussion are Paramount's co-CEOs, Brian Robbins, Chris McCarthy, and George Cheeks, and our CFO, Naveen Chopra. Please note that in addition to our earnings release, we have trending schedules containing supplemental information available on our website.

Before we start, I want to remind you that certain statements made on this call are forward-looking statements that involve risks and uncertainties. These risks and uncertainties are discussed in more detail in our filings with the SEC. Some of today's financial remarks will focus on adjusted results.

Reconciliations of these non-GAAP financial measures can be found in our earnings release or in our trending schedules, which contain supplemental information and, in each case, can be found in the investor relations section of our website.

Now, I will