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.
Jeffrey Shell to serve as Paramount president following Skydance merger
Former NBC Universal CEO Jeffrey Shell will lead Paramount in an executive role once the merger with Skydance Media is complete.
Streaming companies ask Canadian court to block news funding law
A consortium of streaming companies have filed a legal challenge to a forthcoming rule that requires them to set aside some of their revenue to help fund Canadian local news and content.
Jeff Vaughn, ex-KCBS anchor, sues Paramount, CBS for alleged discrimination
The broadcast veteran claims he was replaced by a less-experienced anchor because of Paramount's diversity goals.
Skydance reaches tentative deal to acquire Paramount for $1.75 billion
The deal would involve a purchase of National Amusements, then an immediate merger with the famed movie studio.
Paramount looks to sell BET for around $1.7 billion
Paramount Global is engaged in conversations to sell BET Media for up to $1.7 billion, according to a report on Tuesday.
WBD expresses interest in unifying Max, Paramount Plus
WBD and Paramount have held discussions about possibly merging some or all of their streaming TV businesses, according to a report published on Monday.
Roku, Bango among winners of 2024 StreamTV Awards
More than a dozen companies and executives were honored as the recipients of StreamTV Awards during the 2024 StreamTV Show on Monday.
Paramount hires bankers to explore sale of assets
Paramount has hired investment bankers to explore the potential sale of certain assets, according to the company's co-CEOs.
Paramount to increase price of Paramount Plus this summer
New and existing subscribers will pay between $1 and $2 more for the privilege of streaming Paramount content.
Skydance Media merger with Paramount appears dead
National Amusements owner Shari Redstone has ended discussions with Skydance Media about offloading her controlling stake in Paramount Global.
Paramount elevates Travis Scoles to EVP, Advanced Advertising
Scoles has served in a number of advertising-focused roles at Paramount since joining the company in 2020.
Paramount could cut jobs if Skydance merger falls through
Paramount is likely to eliminate some jobs amid a corporate restructuring if its proposed merger with Skydance Media falls through, executives affirmed this week.