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.
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.
CBS News picks Kim Harvey to lead “CBS Evening News”
CBS News has appointed Kim Harvey as the new executive producer of the “CBS Evening News,” the network announced Thursday.
Paramount communications exec David Bittler resigns
David Bittler, a 25-year communications executive with Paramount and its predecessor Viacom, is leaving the company.
Nokia sues Paramount over alleged streaming patent violations
Nokia accuses Paramount of infringing several streaming-related patents tied to video encoding, compression, buffering and delivery processes.
Paramount to lay off thousands following merger with Skydance Media
Paramount is moving forward with plans to lay off thousands of employees following its $8 billion merger with Skydance Media, according to numerous reports on Friday.
Paramount to keep BET Media, CEO David Ellison says
Paramount is no longer exploring a sale of BET Media, the company's new chief executive David Ellison told reporters on Wednesday.
Paramount inks seven-year deal with UFC parent TKO Group
Starting next year, Paramount Plus becomes the exclusive home of UFC competitions; some events will simulcast on CBS.