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.
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
British government may intervene in Paramount-Warner Bros merger
Britain's Culture Secretary has expressed concerns over Paramount's blockbuster deal with Warner Bros Discovery; the companies have until next week to reply to her inquiries.
CBS-owned WFOR launches relief campaign for Venezuela earthquake
Paramount's local television station in Miami is launching a relief fundraiser for victims affected by two strong earthquakes that rocked Venezuela last week.
Netflix stock dips amid report company missed opportunity to buy Roku
The world's most-popular streaming service couldn't buy Roku or Warner Bros Discovery; now, it has its sights set on a well-known content production company.
CBS News Radio VP Harvey Nagler to receive Lifetime Leadership Award
Harvey Nagler will receive a Lifetime Leadership Award for his work at CBS Radio News.
DOJ green-lights Paramount-Warner Bros merger; California AG says deal not done
The Justice Department gave an unconditional sign-off to Paramount's acquisition of Warner Bros Discovery, but California regulators said the deal is far from closing.
Paramount moving forward with plan to consolidate Pluto TV, Paramount Plus technical stack
The company is reorganizing its streaming teams under the auspices of consolidating its streaming platforms Pluto TV and Paramount Plus onto a single technical stack.
Radial Entertainment hires Brendon Thomas to Chief Revenue Officer role
Thomas will be responsible for executing revenue-generating strategies across distribution, licensing and advertising at Radial Entertainment
EXECUTIVE MOVES
California, New York prepping lawsuit to block Paramount-Warner Bros deal
The lawsuit could be filed in the next few weeks, according to a report from Reuters.
Paramount asks judge to toss lawsuit over proposed Warner Bros Discovery merger
Attorneys for Paramount say an antitrust lawsuit filed by streaming and pay TV consumers over the company's deal to acquire Warner Bros should be tossed due to lack of standing.
CBS: No plan to offer Joe Rogan spot on “60 Minutes”
Paramount is disputing a report published by a gossip blog and repeated by a newspaper that claims "60 Minutes" is weighing a role for podcaster Joe Rogan.
FACT CHECK
New “60 Minutes” producer Nick Bilton fires Scott Pelley from CBS News
CBS News has fired long-time correspondent Scott Pelley, just one day after a heated confrontation with newly-minted "60 Minutes" EP Nick Bilton.