Paramount
Paramount Skydance ($PSKY) 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.

CBS Sports suspends NFL analyst Tony Romo after arrest
Romo was arrested and cited earlier in the week for driving while under the influence of alcohol and other alleged crimes.

Paramount agrees to delay Warner Bros Discovery merger indefinitely
The company expects to restart the merger process next summer, but a prolonged legal battle with officials in California and elsewhere effectively pauses the deal for the foreseeable future.

Judge extends restraining order over Paramount-Warner Bros deal
The order was extended because the parties involved in the lawsuit need more time to develop arguments, gather evidence and confer on the matter, the judge wrote.

Hearst, Forum to acquire CBS affiliation from some Nexstar stations
The Nexstar-owned CBS affiliate in Albuquerque will soon carry Fox programming; CBS affiliates in at least three other markets will become CW Network-owned stations.
FIRST ON THE DESK

European regulators offer conditional approval of Paramount-Warner Bros merger
The European Commission said the commitments resolve concerns that the combined company could coordinate film distribution with major rivals.

Judge issues restraining order blocking Paramount-WBD merger
The order follows a lawsuit filed by California Attorney General Rob Bonta and attorneys general from 11 other states.

Judge to issue ruling on injunction request in Paramount-Warner Bros merger case
Paramount offered to delay closing the transaction for 28 days while asking the court to hold preliminary injunction proceedings before the end of August.

FCC Chairman Carr doubts antitrust lawsuit against Paramount deal will succeed
The FCC said the antitrust lawsuit appears to be based largely on how Paramount will operate CNN or whether it is willing to divest the cable network to seal the deal.

ProPublica: FCC officials accepted gifts from Paramount while agency scrutinized deals
A ProPublica investigation found FCC officials from both political parties accepted tickets and other gifts from Paramount while the company had deals pending before the agency.
By:
Corey G. Johnson, ProPublica

WUPA Atlanta launches new afternoon local newscast
The program focuses on breaking news, weather, traffic, consumer reporting and community coverage across metro Atlanta and North Georgia.

California, several other states sue to block Paramount-Warner Bros merger
After seeing "red flags everywhere," California Attorney General Rob Bonta is leading the lawsuit, which claims Paramount's merger with Warner Bros Discovery violates numerous antitrust laws.

Paramount’s Network 10 adds live streams to VIDAA TVs
Streamers with VIDAA-powered smart TVs will be able to watch live streaming simulcasts of Network 10's national channels without having to download a separate app.
FIRST ON THE DESK