Paramount says ‘incredible momentum’ across platform and content

Expects "significant earnings growth" and positive free cash flow in 2024. Says gained important streaming footholds in 2022. Says "getting to scale" in streaming. Expects to raise prices in Paramount+ in 2023. Expects 2023 to be another year of "content momentum." Expects improvement in ad market in 2H23. Says seeing "early signs" of stabilization in ad market. Comments taken from Q4 earnings conference call.