Paramount, Skydance reach tentative merger deal: Reports
Paramount’s parent company, National Amusements, has reached a tentative agreement about a possible merger with media conglomerate Skydance, according to multiple sources. multiple outlet report. Paramount had previously reported that it had called off merger talks with Skydance, with news of the deal collapsing last month. But CNBC reported on Tuesday that a tentative agreement […]
Shari Redstone reaches preliminary deal to sell controlling stake in Paramount to Skydance Media for $1.75B
Shari Redstone has changed her mind again! Multiple reports on Tuesday said the media heiress had reached a tentative agreement to sell a controlling stake in Paramount Global to Skydance Media, just weeks after walking away from the deal between the two companies. Redstone, who controls the entertainment giant through his family-owned 77 percent stake […]
Paramount mulls $1.7B offer to sell BET to its CEO and NYC private equity firm: report
Shari Redstone has revised plans to sell parts of struggling media giant Paramount Global. The company is reportedly in exclusive negotiations to sell the Black Entertainment Television Network to a group of buyers led by BET CEO Scott Mills after calling off an auction last year that failed to raise the roughly $3 billion it […]
When Does ‘Yellowstone’ Return? Here’s When Season 5, Part 2 Premieres On Paramount Network
It’s been another crazy week in a wild world. Yellowstone. Your favorite cowboys are back on the ranch. Yellowstone Stars including Cole Hauser (Rip), Ryan Bingham (Walker), Foley J. Smith (Lloyd Pierce), Ian Bowen (Ryan), Finn Little (Carter), Brecken Merrill (Tate Dutton) and Wendy Moniz (Governor Lynelle Perry) posted on social media that filming has […]
Bloodbath at Paramount as Studio Announces $500M in Cuts
Paramount plans to soon sell off part of its studios, cut $500 million in expenses, and begin cutting jobs. Paramount’s three co-CEOs — Brian Robbins, who runs the film studio, Chris McCarthy, who is in charge of Showtime and MTV, and George Cheeks, who oversees CBS — gathered about 500 employees on the campus on […]
Paramount Purges Internet Of All-Time Classic Shows In Apparent Cost-Cutting Move
Paramount cut nearly all the content previously found on Comedy Central, TV Land CMT and MTV websites, in a sweeping cost-slashing move, Wednesday. The sites that formerly housed an abundance of clips and related materials now redirect users to other sites, according to The Hollywood Reporter. This move comes just days after the MTV News […]
Paramount Global reveals more layoffs, asset sales on the way
Paramount Global executives have warned of further job cuts as part of a $500 million cost-cutting plan to stem a “totally unacceptable” decline in the media giant’s profitability. About 500 employees learned of the tough plans, which also include revamping the Paramount+ streaming service and hiring bankers to sell unspecified assets, during an all-hands meeting […]
Paramount Deletes MTV News Website and Archives
Last May, the far-left MTV News was just one of many left-wing news outlets that were permanently shut down, lol. A year later, Paramount (the owners of MTV) went a step further and deleted the MTV News website and its archives. Wow. A bunch of ignorant people who have been writing and publishing shallow left-wing […]
Paramount+ to hike streaming prices, joining rivals — here’s how much plans will cost
Media giant Paramount Global said on Monday it will raise subscription fees for its flagship streaming service as it seeks to rebalance its business and pay down debt. The repricing comes at a time when merger talks between non-executive Chairman Shari Redstone and David Ellison’s Skydance Media to sell Redstone’s controlling stake in Paramount Global […]
Jon Stewart, Now with Paramount, Says His AppleTV+ Show Ended Because ‘Corporations Are P*ssies’
Jon Stewart was furious when his Apple TV+ show was cancelled after just two seasons, blaming it all on the company’s inherent flaws, but he’s returned to the company this election season to make himself relevant again. his town During the podcast, Stewart revealed his “aha moment” about the future of the Apple TV+ series. […]