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The Latest Breaking News from Paramount Global

All 8 CBS-Owned The CW Affiliates Are Going Independent

Stations in Philly, Atlanta, San Francisco, other major markets make break from network

Broadcasting & Cable

Photo Gallery: 31st Annual B+C Hall of Fame

Happenings from on stage and behind the scenes at New York gala

Broadcasting & Cable

The Streaming Wars Continue With 3 Stocks Battling for Dominance in the Market - Are Any Worth Buying?

As the battle for market dominance in the streaming sector rages on, the lack of hit shows this year has put streaming companies on the back foot. So, will it be worth looking at streaming stocks Walt Disney (DIS), Paramount (PARA), and Roku (ROKU)? Read on to learn my view.

StockNews.com

From analysis to the latest developments in health,
read the most diverse news in one place.

Stocks Tumble as Liquidity Concerns Rout Regional Bank Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.72%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.86%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.37%. Stock indexes Thursday closed moderately lower, with the S&P...

Barchart

Stock Market Today: Stocks Slide as Regional Bank Rout Worsens

The major market indexes closed lower Thursday as chaos in the banking industry continued.

Kiplinger

Stocks Undercut as Regional Bank Stocks Plunge

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.70%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.00%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.34%. U.S. stocks this morning are moderately lower, with the...

Barchart

Paramount Global Stock Plunges After Reporting $1.1 Billion Q1 Loss

Paramount Plus streaming service adds 4.1 million subscribers

Broadcasting & Cable

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B+C Hall of Fame 2023: Ray Hopkins

President, U.S. Networks Distribution, Paramount Global

Multichannel News

Warner Bros. Discovery And Paramount Are In A $52 Million Dispute, And It's All Over South Park

South Park is in the middle of a $52 million dispute between Warner Bros. Discovery and Paramount, over streaming rights and original content.

Cinemablend

Paramount Sees Boost in Results From Campaigns Using VideoAmp Currency

Likelihood to convert up 11%

Broadcasting & Cable

Amazon's pricey spy drama 'Citadel' to get $25 million California tax credit

LOS ANGELES — Amazon Studios' big-budget spy thriller "Citadel" is set to become the highest-spending TV production to relocate to California in the history of the state's film and TV tax incentive program, as the technology behemoth shifts production from Britain for the show's second season.

Los Angeles Times

Hollywood writers vote on strike: ‘At stake is the viability of TV as a career’

WGA union argues companies have ‘leveraged the streaming transition to underpay writers’

The Guardian - US

Showtime Sports Still Throwing PPV Punches With Benavidez-Plant Boxing Event (Q&A)

President Stephen Espinoza says programmer will remain aggressive in combat-sports arena

Multichannel News

3 Streaming Stocks You Want No Part Of

Streaming stocks faced a rough year in 2022 as subscriber growth slowed amid concerns about high inflation and macro uncertainties. Therefore, it could be wise to avoid fundamentally weak streaming stocks Warner Bros. (WBD), Paramount Global (PARA), and World Wrestling (WWE), given their weak fundamentals. Read more….

StockNews.com

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Los Angeles Times

Tyler Perry interested in buying majority stake in BET from Paramount, the network's longtime home

Producer and star Tyler Perry has expressed interest in buying a majority stake in BET as the television network's owner, Paramount Global, looks to bring on a substantial partner, according to two people familiar with the matter who were not authorized to comment.

Los Angeles Times

Paramount to pay $122.5 million to settle lawsuit over CBS deal

Paramount Global has agreed to pay $122.5 million to settle a 3-year-old lawsuit brought by several large investment funds that believed the company pushed through the 2019 merger of Viacom and CBS at the expense of minority shareholders.

Zenger

Failed Attempt By Former Paramount Executives To Purchase Showtime Amid Fold Into Paramount+

Former Showtime Executives Have Failed Numerously After Offers For Showtime Were Rejected By Paramount Global

Los Angeles Times

Historic movie lot that gave Studio City its name to get $1 billion makeover

LOS ANGELES — Radford Studio Center, a storied movie lot in Studio City that has been home to generations of landmark television shows — including "Gunsmoke" and "Seinfeld" — is set to get a $1 billion upgrade to expand its facilities and bring them further into the digital age.

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news in one place.

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The Independent UK

‘Verbal trickery’: Warner Bros Discovery sues Paramount for $200 million over South Park deal

Warner says it signed a contract in 2019 paying more than $500m for the rights to existing and new episodes of the irreverent show

The Independent UK

Warner Bros. Discovery sues Paramount over 'South Park' deal

Warner Bros

Investors Business Daily

Investors Race To Buy 9 Dividend Stocks That Are Still Paying Off

S&P 500 investors still like dividend stocks. But, they're being much pickier about them this year.

Zenger

Paramount Plus Adds Over 9 Million Subscribers Driven By The Most Prominent Content

The streaming market continues to be competitive as Paramount Plus competes with the big streaming platforms with quality content.

Los Angeles Times

Layoffs hit Showtime as Paramount overhauls 'Billions' brand

LOS ANGELES — Paramount Global continues to unwind its once-proud Showtime brand.

Salon

Trump sues Bob Woodward for $50 million

Lawsuit accuses journalist of "systematic usurpation, manipulation and exploitation of audio of President Trump."

WEKU

Trump sues Bob Woodward for releasing audio of their interviews without permission

The former president has made good on his threat to sue the Washington Post reporter over his use of interview recordings. The lawsuit seeks nearly $50 million in damages.

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