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.
Sony said to be working with Apollo on bid for Paramount
One potential strategy involves operating Paramount as part of a joint venture.
Ofcom revises accessibility code to include streaming TV services
The code requires video program providers to offer accessibility features like subtitles and descriptive audio.
Paramount to shut down standalone Showtime app
The move comes after Showtime's film and television content was integrated into Paramount Plus.
Paramount CEO Bakish sees pay slip to $31.3 million in 2023
His total compensation is 274 times higher than that of the average Paramount employee, who earns around $114,250 per year.
Shareholder group sends legal demand to Redstone over Paramount-Skydance merger
The cease-and-desist letter was sent by an attorney representing Aspen Sky Trust on Wednesday.
Four to depart Paramount Global board amid Skydance merger talks
Dawn Ostroff, Frederick Terrell, Rob Kleiger and Nicole Seligman are said to be leaving Paramount's board in the coming weeks.
CBS News to overhaul free streaming TV channel
"CBS News 24/7" will launch later this month with real-time headlines and enhanced weather forecasts, the network said.
Another investment firm criticizes Paramount-Skydance merger talks
Aspen Sky Trust characterized Skydance's offer as "undervalued," one that would benefit Shari Redstone over other shareholders.
TV networks urge Trump, Biden to engage in presidential debates
The news divisions of the four major broadcast networks and CNN are encouraging both sides to participate this year.
Shareholder criticizes Paramount board’s focus on Skydance deal
Matrix Asset Advisors complained the deal would substantially benefit Shari Redstone to the possible detriment of shareholders.
Ex-NBC boss Jeff Shell could head to Paramount post-Skydance merger
The deal would likely include RedBird Capital Partners, where former NBC Universal boss Jeff Shell overseas sports and media investments.
Paramount Global will pursue merger with Skydance Media
The decision comes despite an offer from Apollo Global Management to buy the company for $26 billion.