The Latest Breaking News from Paramount

Paramount Global (NASDAQ:PARA) reported a first-quarter FY22 revenue decline of 1% year-on-year to $7.33 billion, missing the consensus of $7.38 billion. Global streaming subscribers rose to over 62 million, adding 6.3 million total subscribers.  Paramount+ added 6.8 million subscribers in the quarter, bringing Paramount+ total subscribers to almost 40 million. Pluto TV grew…

A legendary action movie actor is headed to the small screen with a mobster-styled show that could boost the profile of one of the smaller streaming platforms.

How did things ever get so dumb? Behind-the-scenes Paramount+ series degrades its story with clumsy parallels and over-the-top scenes.

The splashy inside Hollywood drama on the making of The Godfather is a patchy, overlong series that is best when it sticks to the script

Netflix’s recently released first quarter earnings for 2022 reported a shocking loss of 200,000 subscribers – a worrying shift for a business that had previously only seen sustained growth since 2011.

The ascendant business of steaming video, which has for years been seen as the biggest threat to the traditional entertainment industry, just had quite possibly its worst week ever. Netflix's stock got crushed. CNN+ got killed.

On a trip to New York in the early 1970s, Robert Evans, the former head of Paramount, discovered a dead rat in his hotel room bed.

Many of the buildings have since been converted or demolished

This week’s new entertainment releases include new music from Future and Kehlani, a 10-episode Paramount+ series that dramatizes the behind-the-scenes story of the making of “The Godfather,” and the comedy “I Love That for You” starring former “Saturday Night Live” cast member Vanessa Bayer as a woman longing to be…