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 gives “Late Show” time slot to Byron Allen
Paramount's broadcast network CBS will hand over the 11:35 p.m. Eastern Time slot to Byron Allen in mid-May upon the closure of its "Late Show" franchise.
CBS News Radio to end in May, 700 affiliates scrambling for new national programming
The move reflects broader challenges facing radio amid competition from streaming audio and digital platforms.
Scott Rates named news director at CBS stations in Sacramento
Paramount's CBS News & Stations has named Scott Rates as its news director for the company's Sacramento market duopoly.
EXECUTIVE MOVES
NAB appoints Paramount, Entravision execs to Board of Directors
The National Association of Broadcasters has appointed two executives from Paramount and Entravision Media to its Television Board of Directors.
EXECUTIVE MOVES
CBS News streaming channel stages walkout amid contract negotiations
WGA East members at CBS News 24/7 staged a two-coast walkout after failing to reach a new contract with Paramount.
Paramount Plus to absorb BET Plus after company buys out Tyler Perry
BET shows will move to the BET Hub on Paramount Plus, expanding their reach to the platform’s global audience.
Echostar weighing Paramount-WBD merger’s effects on Sling TV and Dish, CEO says
Both companies sell cable networks to Dish and Sling while expanding streaming offerings.
FIRST ON THE DESK
Paramount CEO says Paramount Plus, HBO Max will merge
CEO David Ellison indicated Paramount Plus’ technology could power the unified platform, with HBO Max content folded into a single streaming stack.
California to probe Paramount bid for Warner Bros Discovery
Attorney General Rob Bonta said the deal has not cleared regulatory scrutiny and pledged a “vigorous” state review of the transaction.
FIRST ON THE DESK
Paramount earnings weighed by legal, programming costs in 2025
Paramount Global swung to a quarterly loss and posted sharply lower profit during 2025 due to programming and legal costs.
EARNINGS REPORT
Paramount hires ex-Trump official to lead policy as battle for WBD heats up
The appointment comes as Paramount competes with Netflix in bidding for WBD’s film studio, cable networks and streaming assets.
Philo adds more channels from Paramount, Weigel’s West
Philo now offers CBS News 24/7, 48 Hours, the Martha Stewart Channel and more.