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.
Monterey TV station abruptly shuts news department
Starting this week, there will be fewer sources of local television news in Central California.
Hearst, CBS renew “The Visioneers” for 2025-26 TV season
Hearst Media Production Group has renewed "The Visioneers With Zay Harding" for a full season on CBS, with new episodes beginning October 4.
New “South Park” episode delayed one week
A new episode of Comedy Central's animated sitcom "South Park" will be delayed by an extra week after the show's co-creators said they missed a key production deadline.
Nielsen adjusts Paramount viewership from July report
A small amount of viewership data related to Paramount Plus was excluded from the report, a spokesperson confirmed.
THE GAUGE
Comedy Central pulls “South Park” episode after Charlie Kirk shooting
Comedy Central pulled a scheduled re-run of a "South Park" episode on Wednesday, a move that was almost certainly influenced by the assassination of political activist Charlie Kirk.
Paramount preparing all-cash bid to acquire Warner Bros Discovery
Paramount is preparing an offer to acquire Warner Bros Discovery (WBD) in an all-cash transaction, according to a report published on Thursday.
WUPA Atlanta to launch virtual reality set, newscasts
Paramount's local broadcasting unit CBS News and Stations will debut a new augmented-virtual reality news set at its newest CBS station.
Paramount names Kenneth Weinstein as CBS News ombudsman
Kenneth R. Weinstein, the former President and Chief Executive Officer of the right-of-center think tank Hudson Institute, has been named the first ombudsman of CBS News.
Suspect in Fox News leaks case accused of hacking FedNet in 2021
The incident took place several years before former Deadspin editor Timothy Burke was accused of stealing footage from Fox News.
Paramount appears willing to keep cable networks for now
Company executives have discussed ways to refresh the brand identities and programming of MTV, Nickelodeon, Comedy Central and BET to attract younger viewers, most of whom no longer pay for cable TV.
Financial analyst warns of likely growth struggles at Paramount
Paramount Plus remains a growing part of Paramount's business, but will likely have to merge with another service in the future, the analyst said.
Paramount ends remote working, tells employees to return to offices
The top executive at Paramount has effectively ended the company's flexible, pandemic-era remote working structure and has ordered most employees to return to their offices five days a week.