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.
Streaming gains on traditional TV in February, Nielsen report shows
Streaming accounted for nearly 38 percent of all television watching in the United States last month, up from 34 percent last year.
Paramount grabs 67.5 million streaming subscribers
The company expects its Paramount Plus service to be fully profitable by next year, even though some customers may drop off throughout 2024.
Nexstar loses $273 million on CW Network in 2023
The CW broadcast network earned just $250 million in revenue during Nexstar's first full calendar year as majority owner.
WBD no longer pursuing merger with Paramount, report says
Skydance Media is still pursuing a merger opportunity with Paramount Global, the report said.
Ampere: Disney stands to win as streamers rush to license content
Disney could emerge as an early victor as a new front develops in the so-called "streaming wars:" A rush to license content to peer services.
Sky Showtime to launch ad-supported tier
Comcast and Paramount's joint venture Sky Showtime has announced plans for a lower-priced, ad-supported plan.
Paramount, Comcast hold talks about streaming joint venture, report says
The discussions have centered around a streaming-focused partnership or joint venture, similar to its Paramount and Comcast's Sky Showtime operation overseas.
Paramount lays off Noggin team, will shut down app
The kid-friendly app offered more than 1,000 interactive videos and games; some videos will shift to Paramount Plus.
Ratings: Fox News beats Jon Stewart’s “Daily Show” return
Several Fox News shows saw higher ratings compared to Jon Stewart's return to "The Daily Show" on Comedy Central.
Seattle TV station impacted by Paramount Global layoffs
Layoffs at Paramount Global has impacted around a half-dozen employees at an independent television station in Seattle.
Paramount layoffs impact 20 workers at CBS News, report says
Paramount has eliminated around 20 jobs at its CBS News division, the New York Post reported on Tuesday.
Paramount to lay off more than 800 workers in U.S., overseas
Paramount Global will issue pink slips to around 3 percent of its global workforce as the company seeks to reign in expenses.