Paramount, Under Fire Following Charlie Kirk’s Assassination, Removes Episode Satirizing Him from TV: ‘Blood on Their Hands’
Comedy Central’s long-running series South Park recently provoked significant outrage with an episode featuring Charlie Kirk, the founder of Turning Point USA, following his assassination on Wednesday. According to reports from the Daily Express, the show has previously lampooned several notable figures, and in this episode, Kirk was among those satirized. In the lead-up to […]
Paramount hires ex-Trump nominee as ombudsman for CBS News
Paramount Names Kenneth Weinstein as CBS News Ombudsman Paramount has appointed Kenneth Weinstein as the new ombudsman for CBS News. This comes shortly after the company’s significant merger with Skydance, which has sparked considerable discussion regarding its influence on editorial decisions. Weinstein, who previously served as president and CEO of the Hudson Institute and chairman […]
Paramount to require employees to return to the office or choose a buyout before significant layoffs: sources
CBS News Staff Reacts to Office Mandate Amid Cost-Cutting Measures Staff at CBS News are joking about the new directive from parent company Paramount Skydance, which mandates that all employees return to the office for five days a week. This comes just days before anticipated budget cuts that some are calling a “Bloodbath.” Last month, […]
Paramount to acquire Bari Weiss’ Free Press for as much as $200 million and appoint her to a senior editorial position at CBS News, according to report.
Paramount Plans $200 Million Purchase of Bari Weiss’ The Free Press Paramount is gearing up to spend up to $200 million to acquire Bari Weiss’ media venture, The Free Press. This decision comes as the company is still grappling with the aftermath of the $8 billion merger with Skydance, which has shaken up its news […]
‘Call of Duty’ Series Signs Film Agreement with Paramount
Paramount Partners with Activision for Call of Duty Film Paramount has struck a deal with Activision to adapt the popular Call of Duty video game franchise into a live-action film. The details regarding the financial aspects of the agreement remain undisclosed. Sources have indicated that this partnership will kick off with a major film, but […]
Paramount plans significant layoffs in early November.
Thanksgiving is shaping up to be a challenging time for many at Paramount. The media company is preparing for what some insiders are calling a significant “Bloodbath” in early November. Reports indicate this follows the merger with Skydance Media, resulting in a massive round of layoffs. Jeff Shell, the former NBCUniversal executive chosen by Skydance […]
Democrats are against the $8 billion merger between Skydance and Paramount due to connections to Trump.
Democrats Express Concerns Over $8 Billion Merger Top Democrats are expressing unease regarding the recent $8 billion merger between Skydance Media and Paramount Global. They allege potential political interference, questionable financial transactions, and threats to press freedom. The Federal Communications Commission (FCC) gave the green light to this significant merger earlier this month, establishing a […]
Midday stock movements: Coty, Paramount Skydance, Walmart, and others
Midday Trading Highlights Here’s a quick look at some companies making news during midday trading: Coty Shares of this beauty retailer dropped over 20% after its latest quarterly results. Although it reported revenues of $1.25 billion—surpassing the $12 billion forecast by analysts—the earnings fell short by more than 2 cents per share. The company expects […]
House Democrats begin investigation into Paramount and Skydance merger
Two prominent Democrats in the House are starting to look into the circumstances surrounding Paramount’s $7 billion merger with Skydance, as well as the Trump administration’s approval of the deal. Frank Pallone Jr. (D-N.J.), ranking member of the Energy and Commerce Committee, and Rep. Jamie Raskin (D-MD.), ranking member of the Judiciary Committee, sent a […]
Shari Redstone describes the Paramount Trump settlement as an obvious choice and expressed her hope that his ’60 Minutes’ lawsuit would eliminate CBS’s bias against Israel.
Settlement between Paramount and Trump Shari Redstone, a former stakeholder in Paramount, referred to the $16 million settlement with Trump as “a simple thing.” In July, Paramount settled Trump’s lawsuit against CBS by agreeing to pay $16 million. This was in relation to an interview featuring former presidential candidate Kamala Harris. The settlement also accounted […]