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.
Jon Stewart to host “Daily Show” on Thursday
Jordan Klepper will fill in for the veteran Comedy Central host.
Sony, Apollo offer $26 billion in cash for Paramount
Sony and Apollo Global Management have formalized their $26 billion all-cash bid for Paramount Global.
Brian Watson to end two-decade career at Paramount
His resignation will take effect in early May, according to a memo obtained exclusively by The Desk.
Broadcasters launch Freely TV in United Kingdom
The service offers streaming versions of linear channels and on-demand content from Britain's public service broadcasters.
Paramount misses on revenue, TV business sees lift from Super Bowl during Q1
Paramount Global's CEO Bob Bakish will depart from the company on Tuesday; the company missed revenue estimates during Q1, but beat on earnings.
Paramount CEO Robert Bakish likely out this week
Paramount CEO Bob Bakish could be replaced as soon as this week, according to a report published over the weekend.
CBS Sports launches Champions League streaming channel
CBS Sports is rolling out a new free streaming television channel dedicated to the UEFA Champions League.
RTL will take over Nickelodeon Germany satellite slot
Nickelodeon content will be incorporated into Super RTL, and the two brands will work on a new youth-oriented channel.
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.