Paramount Global (NASDAQ:PARA) Q4 2023 Earnings Conference Call February 28, 2024 4:30 PM ET
Company Participants
Jaime Morris - Executive Vice President, Investor Relations.
Robert M. Bakish - President and Chief Executive Officer
Naveen Chopra - Executive Vice President, Chief Financial Officer
Conference Call Participants
Bryan Kraft - Deutsche Bank
Michael Morris - Guggenheim
Ben Swinburne - Morgan Stanley
Steven Cahall - Wells Fargo
Jessica Reif Ehrlich - Bank of America Securities
Robert Fishman - MoffettNathanson
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 Q4 2023 Earnings Conference Call. At this time, all lines have been placed on mute to prevent any background noise. After the speakers' remarks, there'll be a question-and-answer session. [Operator Instructions]
At this time, I would like to turn the call over to Jaime 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 fourth quarter 2023 earnings call. Joining me for today's discussion are Bob Bakish, our President and CEO; and Naveen Chopra, our CFO.
Please note that in addition to our earnings release, we have trending schedules containing supplemental information available on our website. Before we start this afternoon, 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 turn the call over to, Bob.
Robert M. Bakish
Good afternoon, everyone, and thank you for joining us. There's no question that 2023 was a dynamic and in many ways challenging year in our industry. We saw two labor strikes, a tough macroeconomic environment and continued evolution in the media industry. But we stayed focused on a disciplined execution aligned with our strategy, adapting as needed. In doing so, we position Paramount Global to deliver significant growth in total company earnings and growth in free cash flow in 2024.
On today's call, I'd like to spend a few minutes speaking to our ‘23 accomplishments. Then I'll provide more color on our ‘24 priorities, before handing it over to Naveen for a deeper dive on the financials. With that, let's start with ‘23, a year where our content clearly continued to deliver, driving every platform. In fact, Paramount had the number one show on all of television and the number one broadcast network for the ‘22, ‘23 season, not to mention five Number 1 debuts at the domestic box office.