Paramount Global
Paramount Global ($PARA) 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.
Connected TV advertising to reach $87 billion by 2027, report says
The new data from Ampere shows more traditional television advertisers are shifting more money into addressable connected TV inventory.
Sky Showtime hires Hristina Georgieva from Disney
Comcast and Paramount's joint venture announced three new executive hires this week, including one that will serve as the head of its business development.
Nexstar grabs ‘Inside the NFL’ for CW Network
The NFL has struck a deal with Nexstar to bring its long-running weekly recap program "Inside the NFL" to the CW Network.
Paramount, Nexstar caught off-guard by PGA Tour, LIV Golf merger
Execs at the four TV networks that offer pro golf telecasts have more questions than answers after PGA Tour and LIV Golf announced plans to merge.
Showtime pulls episode of Vice on Ron DeSantis
Showtime has pulled an episode of the news magazine program Vice that focused on Florida Governor Ron DeSantis.
Broadcasters will pay millions to settle ad price-fixing claims
Cox Media, Paramount Global and Fox Corporation have agreed to pay $48 million and cooperate in litigation against other media companies.
DirecTV named presenting sponsor of military basketball tournament
DirecTV is the presenting sponsor of the Military Basketball Association's annual playoffs and championship tournament that starts this weekend.
Paramount to offer ad-supported version of BET Plus
The cheaper version will cost $6 a month and include ad breaks between 15 and 30 seconds long.
Paramount lays off more staff, closes MTV News division
The layoffs come as Paramount eases off traditional cable networks with an eye toward streaming as its future.
Warren Buffett criticizes Paramount for cutting dividend
"It's not good news when any company cuts its dividend dramatically," the Berkshire Hathaway chairman and CEO said.
Paramount pulling CW affiliation from eight CBS-owned stations
Most of the affected stations have carried CW Network programming since its launch in 2006.
Paramount files countersuit against WBD over ‘South Park’ rights
Paramount has counter-sued Warner Bros Discovery, alleging the media company hasn't paid $50 million in licensing rights for "South Park."