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.
Red Ventures agreement called for job losses before CNET acquisition
An agreement between marketing firm Red Ventures and media giant ViacomCBS called for significant job cuts as part of a multi-million dollar acquisition of CNET Media Group.
ViacomCBS issues pink slips before Red Ventures acquisition
ViacomCBS is issuing pink slips to workers of companies that will be sold to Red Ventures in the coming months.
ViacomCBS executive cleared in sexual misconduct probe
The CEO of media conglomerate ViacomCBS was cleared of misconduct following a serious complaint made by a former employee four years ago.
Paramount Network to shift focus toward movies, miniseries
Paramount Network will rebrand sometime next year and will favor made-for-TV movies, original series and limited-run programs over syndicated content and reality shows.
ViacomCBS inks deal to bring Monday Night Football to United Kingdom
Monday football games will air on free television network Channel 5 and will include a companion magazine show.
Pluto TV readying new Comedy Central Animation channel
The new channel will feature classic episodes of South Park, Drawn Together and Beavis and Butt-Head.
ViacomCBS to relaunch CBS All Access as Paramount Plus
CBS All Access, one of three direct-to-consumer streaming services offered by the company, will relaunch next year as Paramount Plus.
Marketing firm Red Ventures to acquire tech news site CNET
Marketing firm Red Ventures has reached an agreement with ViacomCBS to acquire technology news website CNET for $500 million.
Seth Rogen videogame documentary to premiere on CBS All Access
"Console Wars" illustrates the 1990s-era business battle between Nintendo and Sega.
Streaming service backed by Tyler Perry crosses 1 million subscribers, report says
A streaming service backed by Tyler Perry Studios has crossed 1 million subscribers, according to a report.
ViacomCBS taps former IBM exec to lead media, streaming initiatives
ViacomCBS has tapped former IBM executive Babs Rangaiah to lead its media initiatives at the company.
Apple takes on HBO Max with CBS All Access, Showtime bundle
For the first time, Apple is offering a streaming television bundle that combines several offerings into one budget package.