v3.25.1
SEGMENT INFORMATION - Adjusted OIBDA by Segment and Reconciliation to Net Earnings (Loss) (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Adjusted OIBDA by Segment and Reconciliation to Net Earnings (Loss)    
Revenues $ 7,192 $ 7,685
Total costs and expenses 6,677 8,102
Stock-based compensation (44) (47)
Depreciation and amortization (88) (100)
Programming charges 0 (1,118)
Gain on dispositions 35 0
Operating income (loss) 550 (417)
Interest expense (217) (221)
Interest income 38 45
Loss from investment 0 (4)
Other items, net (37) (38)
Earnings (loss) from continuing operations before income taxes and equity in loss of investee companies 334 (635)
(Provision for) benefit from income taxes (100) 172
Equity in loss of investee companies, net of tax (73) (90)
Net earnings (loss) from continuing operations 161 (553)
Less: Net earnings from discontinued operations, net of tax 0 9
Net earnings (loss) (Paramount and noncontrolling interests) 161 (544)
Net earnings attributable to noncontrolling interests (9) (10)
Net earnings (loss) attributable to Paramount 152 (554)
Operating Segments | TV Media    
Adjusted OIBDA by Segment and Reconciliation to Net Earnings (Loss)    
Revenues 4,538 5,231
Content costs 2,343 2,494
Advertising and marketing 153 169
Other 1,120 1,123
Total costs and expenses 3,616 3,786
Adjusted OIBDA 922 1,445
Operating Segments | Direct-to-Consumer    
Adjusted OIBDA by Segment and Reconciliation to Net Earnings (Loss)    
Revenues 2,044 1,879
Content costs 1,215 1,220
Advertising and marketing 341 347
Other 597 598
Total costs and expenses 2,153 2,165
Adjusted OIBDA (109) (286)
Operating Segments | Filmed Entertainment    
Adjusted OIBDA by Segment and Reconciliation to Net Earnings (Loss)    
Revenues 627 605
Content costs 321 289
Advertising and marketing 116 135
Other 170 184
Total costs and expenses 607 608
Adjusted OIBDA 20 (3)
Corporate/Eliminations    
Adjusted OIBDA by Segment and Reconciliation to Net Earnings (Loss)    
Adjusted OIBDA (101) (124)
Segment Reconciling Items    
Adjusted OIBDA by Segment and Reconciliation to Net Earnings (Loss)    
Stock-based compensation (44) (45)
Depreciation and amortization (88) (100)
Programming charges 0 (1,118)
Restructuring and transaction-related items (85) (186)
Gain on dispositions $ 35 0
Segment Reconciling Items | Restructuring And Transaction-Related Items    
Adjusted OIBDA by Segment and Reconciliation to Net Earnings (Loss)    
Stock-based compensation   $ (2)