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.
President Biden withdraws from race weeks before ABC News debate
Vice President Kamala Harris will now presumably appear at the ABC News presidential debate scheduled for September; less clear is who will attend the VP candidate debate on CBS.
TV stations go offline during global outage caused by CrowdStrike
Dozens of major television broadcasters had their operations disrupted by a global computer outage triggered by security vendor CrowdStrike on Friday.
BET Media launching Tyler Perry-centric FAST channels
BET Media and Tyler Perry are teaming up on two new FAST channels that will offer replays of certain BET sitcoms and dramas.
“Morning Joe,” “Daily Show” cancel episodes following Trump assassination attempt
Two TV networks have amended their coverage plans for the Republican National Convention following Saturday's assassination attempt against former President Donald Trump.
Post-merger cuts could target TV networks at Paramount
Networks like CBS and Comedy Central that nurture hit TV franchises and have lucrative live sports rights are likely safe for the long-term, but the future is hazy for other Paramount-owned channels.
CBS to “centralize” news coverage across local-owned stations
The effort is part of a broader restructuring of operations at CBS News & Stations, and comes several months after 800 Paramount employees — including some at CBS-owned stations — were laid off.
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.