News Digging > News > Paramount shares tank 28% after posting Q1 loss of $1.1B
Paramount shares tank 28% after posting Q1 loss of .1B
Paramount shares tank 28% after posting Q1 loss of $1.1B,The company incurred a $1.7 billion charge in connection with its plan to integrate Showtime into its Paramount+ streaming service and remove certain programming.

Paramount shares tank 28% after posting Q1 loss of $1.1B

The company incurred a $1.7 billion charge in connection with its plan to integrate Showtime into its Paramount+ streaming service and remove certain programming.