Tag: Cinema Film Production

Finance

Warner Bros. Discovery sues Paramount over $500 million ‘South Park’ deal

02/27/2023
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NEW YORK — Warner Bros. Discovery Inc. WBD, -1.14% is suing Paramount Global PARA, -4.86%, saying its competitor aired new episodes of the popular animated comedy series “South Park” after Warner paid...

Finance

FuboTV stock rallies after outlook hiked, sports-betting business dropped

10/17/2022
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FuboTV Inc. shares rallied in the extended session Monday after the streaming TV platform hiked its sales forecast for the third quarter, said it was dropping its sports-betting businesses and reaffir...

Finance

Paramount Sues Company Behind McDowell’s Pop-Up, Citing ‘Coming to America’ Infringement

08/29/2022
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A pop-up restaurant that paid homage to the 1980s classic comedy “Coming to America” now faces a lawsuit from Paramount Pictures over copyright infringement.  JMC Pop Ups LLC created a temporary versi...

Finance

FuboTV shares rally 23% after company shows double-digit revenue growth

08/04/2022
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Shares of streaming platform FuboTV Inc. FUBO, +1.71% were trading higher in Thursday’s after-hours market, following the release of second-quarter financial results which showed the company’s North A...

Finance

Why Warren Buffett Bought Paramount, Not Netflix, Stock

05/18/2022
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Text size Paramount+ has about 62 million subscribers. Valerie Macon/AFP via Getty Images Older viewers love CBS, but I’m guessing that Warren Buffett didn’t just drop $2.6 billion on shares of networ...

Finance

FuboTV stock drops after earnings on mixed outlook

02/23/2022
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Shares of fuboTV Inc. were off 1% in after-hours trading Wednesday after the streaming company delivered revenue ahead of what it had been expecting when it delivered preliminary results a month earli...

Finance

ViacomCBS renames itself Paramount Global after it adds a record 9.4 million streaming subscribers

02/15/2022
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ViacomCBS Inc. said it is renaming itself Paramount Global this week after it reported a record surge in its streaming-service business. “Effective February 16, we’ll be bringing together our leading ...

Finance

FuboTV Boosts Revenue Projections. But the Stock Is Falling.

01/10/2022
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Text size Rafael Henrique/Dreamstime.com FuboTV Monday boosted its fourth-quarter revenue guidance, saying it expects revenue of $215 million to $220 million, higher than previous estimates. The strea...