Paramount Global
Paramount Global ($PARA) is a multinational broadcast, cable and streaming television corporation based in New York City. It is the successor to the CBS Corporation and Viacom, Inc. Paramount Global operates the CBS broadcast network, CBS Sports, MTV Networks, Paramount Pictures, Pluto TV, Paramount Plus, Showtime, Australia’s Network 10, Channel 5 UK and around two dozen local CBS broadcast stations in major American markets. Prior to February 2022, Paramount Global was known as ViacomCBS.
Netflix amends bid for Warner Bros Discovery, now an all-cash offer
The move aims to speed shareholder approval and counter a hostile $30-per-share takeover bid from Paramount.
Scott Warren to oversee local CBS stations in San Francisco, Sacramento
Warren will continue leading innovation efforts, including AR and VR studios, across Northern California CBS stations.
EXECUTIVE MOVES
“60 Minutes” loses 15 percent of audience after CECOT story scandal
The program failed to top 10 million viewers in early January, with sharp declines in the key A18-49 demographic.
FIRST TO REPORT
RATINGS
“60 Minutes” loses 5 million viewers after CECOT segment scandal
Viewership fell from 10.35 million to 4.89 million week over week, with sharp declines in the key A18-49 demographic.
EXCLUSIVE
Nielsen: YouTube flat, Paramount rises in Media Distributor Gauge
Paramount displaced NBC Universal as the third-largest media distributor during Nielsen's November measurement month.
DATA
Bari Weiss delays “60 Minutes” segment on controversial prison linked to Trump
CBS News pulled a segment on a controversial El Salvadorian prison that houses detainees of the Trump administration.
CBS hires former NASA TV supervisor to lead Dallas-Fort Worth stations
CBS News & Stations has hired Tim Hinson to serve as the Vice President and General Manager of its Dallas-Fort Worth owned-and-operated stations.
Nielsen: TV usage skyrockets in November, YouTube share flat
Americans watched more than 100 billion minutes of TV in November, driven by Thanksgiving NFL games and strong broadcast viewership.
Paramount makes $78 billion hostile bid for Warner Bros Discovery
Jared Kushner, the son-in-law of President Donald Trump, is part of a consortium backing Paramount Skydance's offer for all of Warner Bros Discovery.
Paramount’s Ananey Studios, Fawesome strike content distribution partnership
Future Today will stream three Ananey Studios titles — “The Malevolent Bride,” “Rising” and “Remnants” — on its free Fawesome platform.
Scott Mills departing Paramount’s BET Media after two decades
BET Media Group President and CEO Scott Mills is stepping down from the role after more than two decades with the company.
Ex-Paramount streaming exec Jeff Shultz named CEO of Radial Entertainment
Oaktree Capital Management has appointed streaming industry veteran Jeff Shultz to serve as the Chief Executive Officer of its global media venture Radial Entertainment, the company announced on Tuesday.