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.
Skydance Media completes merger with Paramount Global
Skydance has officially completed its merger with Paramount, bringing to a close a year-long, turbulent process that was met with several politically-influenced delays.
Cindy Holland to take over Paramount Streaming from Tom Ryan
Tom Ryan is stepping down as CEO of Paramount Streaming as Skydance finalizes its merger. Cindy Holland, former Netflix exec, will lead Paramount Plus and Pluto TV in the new structure under David Ellison’s leadership.
HBO Max to pull “South Park” on August 5
From that day forward, Paramount Plus will be the exclusive home of the hit Comedy Central adult animated sitcom.
Skydance not involved in CBS decision to cancel Colbert’s Late Show, attorney says
An attorney for Skydance Media says the company was not involved in Paramount's decision to cancel "The Late Show with Stephen Colbert" next year.
Paramount posts profitable Q2, streaming business earns $2.2 billion
The company's direct-to-consumer media apps offset declines in its traditional linear broadcast and cable networks business.
EARNINGS REPORT
Press advocacy group seeks disbarment of FCC Chairman Brendan Carr
The Freedom of Press Foundation says Carr, a licensed lawyer, engaged in "egregious misconduct" against broadcasters.
Skydance to bring “performance-based culture” to CBS News
Skydance Media will institute a "performance-based culture" at CBS News when its deal with Paramount closes next month.
Paramount says Skydance Media merger will close on August 7
Paramount Global says its $8 billion merger with Skydance Media will close on August 7, subject to customary closing conditions.
Paramount co-CEOs Chris McCarthy, Brian Robbins to depart company
A pair of Paramount executives who helped operate the company as part of its co-CEO structure are expected to leave in the next few weeks.
FCC approves Paramount Global’s merger with Skydance
The FCC has approved Paramount's request to transfer CBS-held broadcast licenses to Skydance, clearing the last remaining hurdle before their merger closes.
Gray Media hires Anna Werner from CBS News
Gray Media has hired consumer affairs reporter and investigative journalist Anna Werner to serve in a similar capacity for the broadcaster's Investigate TV program.
South Park moving to Paramount Plus as part of new rights deal
Paramount has reached a deal to bring "South Park" to its Paramount Plus streaming service in the U.S. for the first time ever.