Following Tuesday’s Closing Bell on Wall Street, Shari Redstone and Bob Bakish had a big announcement to make. ViacomCBS was no more, as the company changed its name to Paramount.
That led Michael Nathanson, the respected Senior Analyst at MoffettNathanson, and colleague Robert Fishman to pen an investor note that asks the tough questions about now-Paramount’s finances for both today and tomorrow.
“Despite the big announcement … we are left with a similar question as we had last year: will the company be able to grow EBITDA and Free Cash Flow again to match prior levels?”
