Comcast renews distribution deal with Paramount Global
Paramount and Comcast have reached a new distribution agreement that will keep Paramount-owned networks on Xfinity TV for a few more years.
Showtime
Showtime is a premium pay television network owned by ViacomCBS. The subsidiary operates 16 linear multiplex channels on cable and satellite (including 8 time-shift channels) as well as streaming services Showtime Anytime and Showtime.
Parks Associates: Prime Video is most-used streaming service in U.S.
Netflix was in second place for the third consecutive year, according to Parks Associates’ Streaming Video Tracker report, while Disney Plus came in third.
Paramount streaming strategist Jeff Schultz to depart
Paramount Global’s chief streaming strategy executive Jeff Schultz will leave the company at the end of the year, he affirmed on Friday.
Paramount loses nearly 3 million global subscribers during Q2
The company blamed the winding down of a bundle agreement in South Korea for the dip in streaming customers.
WBD expresses interest in unifying Max, Paramount Plus
WBD and Paramount have held discussions about possibly merging some or all of their streaming TV businesses, according to a report published on Monday.
Paramount hires bankers to explore sale of assets
Paramount has hired investment bankers to explore the potential sale of certain assets, according to the company’s co-CEOs.
Paramount misses on revenue, TV business sees lift from Super Bowl during Q1
Paramount Global’s CEO Bob Bakish will depart from the company on Tuesday; the company missed revenue estimates during Q1, but beat on earnings.
Paramount to shut down standalone Showtime app
The move comes after Showtime’s film and television content was integrated into Paramount Plus.
Paramount grabs 67.5 million streaming subscribers
The company expects its Paramount Plus service to be fully profitable by next year, even though some customers may drop off throughout 2024.
“Paramount Plus with Showtime” to replace Showtime in January
Paramount Global will relaunch its Showtime multiplex movie network in January 2024, the company announced on Monday.
Analyst thinks Warner Bros Discovery should buy Paramount
Laura Martin with Needham cautioned mega mergers between large media companies was unlikely as long as Democratic lawmakers are in power.
Paramount to shut down Showtime Sports by end of year
The company will see through its planned boxing and mixed martial arts programming through December.