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 debuts augmented-virtual reality studio in Texas
KTVT will use the studio for feature news reports and weather forecasts; it is the eighth AR/VR studio to launch in two years.

YouTube maintains top spot on Media Distributor Gauge
YouTube maintained its top position as the biggest distributor of media by time spent with TV in the month of May, according to the latest Media Distributor Gauge report from Nielsen.

Paramount Plus quietly drops “Showtime” from premium plan name
Paramount has hit the "undo" on its premium streaming brand, dropping "Showtime" from the name in favor of calling it "Paramount Plus Premium."

Pac 12 to remain on CBS Sports through 2031
The Pac 12 Conference has renewed its agreement with Paramount Global and CBS Sports to serve as its TV broadcast partner for a few more years.

Nielsen: Streaming platforms surpass traditional TV in May
Streaming video platforms surpassed the collective efforts of broadcast and cable television channels as the most-used medium for watching TV in May.

Joyn inks “NCIS” distribution deal with Paramount Global
ProSieben Sat.1 and its streaming service Joyn have inked a distribution deal with Paramount Global for the rights to "NCIS."

CBS station in Los Angeles debuts virtual reality studio
The market is the seventh to debut an augmented-virtual reality studio in two years.

Paramount Global to cut 3 percent of workforce
Paramount Global will issue pink slips affecting slightly more than three percent of its domestic workforce.

CBS to move affiliation from WANF to WUPA in August
Gray Media has renewed its CBS affiliation agreement covering 52 local TV stations, but one will lose the CBS network in August.

Trump threatens another lawsuit against CBS amid settlement talks
The network has offered to settle Trump's earlier news distortion lawsuit for $15 million; Trump is holding out for $25 million and an apology from CBS News.

Network evening news program see lift in ratings
The flagship evening newscasts from the three major broadcast networks all experienced viewership gains in the week leading up to Memorial Day weekend.
