Shari Redstone, chairwoman of ViacomCBS and president of National Amusements, and Bob Bakish, President and CEO of ViacomCBS, celebrate their company’s merger at the Nasdaq MarketSite in New Yor...
Tag: Paramount Global
ESPN wants to be the hub of all live sports streaming
Disney‘s ESPN wants to be the hub for all live sports streaming — even for its competition. The sports network has held conversations with major sports leagues and media partners about launching...
Warner Bros. Discovery sues Paramount over ‘South Park’ streaming rights
Stan Marsh, Kyle Broflovski, Eric Cartman and Kenny McCormick attend The Paley Center for Media presents special retrospective event honoring 20 seasons of ‘South Park’ at The Paley Center...
Warner Bros Discovery (WBD) 4Q22
Pedestrians walk past a street commercial advertisement billboard from Warner Bros and DC comics character, The Batman, movie in Madrid. Miguel Candela | SOPA Images | Lightrocket | Getty Images Warne...
Paramount plans streaming price increases
Paramount Global said it saw its streaming business grow during the fourth quarter, and announced plans to increase prices for Paramount+ this year. Despite adding more streaming customers, Paramount ...
Stocks making the biggest moves premarket: SHAK, SPCE, PARA
Sopa Images | Lightrocket | Getty Images Check out the companies making the biggest moves premarket: Shake Shack — Shares of the quick-service restaurant chain rose slightly after reporting a narrower...
Stocks making the biggest moves premarket: KHC, PARA, ABNB
Pavlo Gonchar | LightRocket | Getty Images Check out the companies making headlines before the bell. Devon Energy — Shares fell 6.4% after the energy company reported fourth-quarter earnings and reven...
GM, Jeep and Kia among only automaker advertisers
Automakers – historically among the largest Super Bowl advertisers – are mostly bypassing this Sunday’s NFL championship game to preserve cash or spend ad dollars elsewhere. The only automakers ...
NFL, World Cup ad revenue boost results
Striker, The U.S. Soccer Star balloon from Fox Sports is waked in the 2022 Macys Thanksgiving Day Parade past Columbus Circle in honor of the U.S. Mens National Team competing in the 2022 FIFA World C...
What will TV be like in three years? Insiders predict future
Illustration by Elham Ataeiazar The media industry is in the middle of change. There’s little doubt legacy cable TV will continue to bleed millions of subscribers each year as streaming takes ov...
Stocks making the biggest moves midday: Pentair, UPS and more
General Motors CEO Mary Barra speaks to reporters while she waits for the arrival of President Joe Biden at media day of the North American International Auto Show in Detroit, Michigan, September 14, ...
Showtime to combine with Paramount+, rebrand with new name
In this photo illustration, Paramount+ (Paramount Plus) logo is seen on a smartphone against its website in the background. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Paramount Global is...
‘M3gan’ box office success sets stage for scary good year in horror
A lifelike doll programmed to be a child’s greatest companion and a parent’s greatest ally turns murderous in Universal Studios and Blumhouse’s “M3GAN.” Universal A fashi...
Netflix rivals like Disney are comrades in fight against slow growth
For the past three years, the global media and entertainment industry has been defined by the streaming wars. Each media company created a streaming service to compete. Only the strongest would surviv...
Peltz may be overreaching with Disney proxy fight
Bob Iger, chief executive officer of The Walt Disney Co. Patrick T. Fallon | Bloomberg | Getty Images Activist investor Nelson Peltz spent about 30 minutes Thursday morning speaking with CNBC’s ...
Maverick, Disney won 2022 box office crown
Tom Cruise in “Top Gun: Maverick” Source: Paramount “Top Gun: Maverick” was the highest grossing theatrical release in 2022, but its $719 million haul wasn’t enough to ma...
Netflix, Disney had a tough year, and 2023 doesn’t look good
In this photo illustration, a hand holding a TV remote control in front of the Disney Plus logo on a TV screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Media stocks got rocked this ...
The Way of Water’ nears $900 million at the global box office
Avatar: The Way of Water Courtesy: Disney Co. Disney and James Cameron’s “Avatar: The Way of Water” snared an estimated $56 million during its second weekend in theaters, a 58% drop...
YouTube NFL Sunday Ticket deal is a win for traditional TV networks
Los Angeles Chargers running back Austin Ekeler, center, runs for extra yardage while Tennessee Titans linebacker Monty Rice, left, and safety Andrew Adams (47) attempt a tackle during the second half...
The Way of Water needs strong second week at box office
Avatar: The Way of Water Courtesy: Disney Co. All eyes are on “Avatar: The Way of Water’s” second week at the box office. James Cameron’s long-awaited sequel to the highest-gr...
NFL Sunday Ticket goes to YouTube in $2 billion annual deal
The National Football League announced Thursday its “Sunday Ticket” subscription package would go to Google‘s YouTube TV starting next season, marking the league’s second media...
Marvel sequels are most anticipated movies of 2023: Fandango survey
Still image from Spider-Man Into The Spider-Verse Source: Sony Pictures Movie fans apparently can’t get enough of superheroes. A trio of upcoming Marvel movies − the newest installments of the G...
Disney shares fall after ‘Avatar’ opening weekend comes in soft
Avatar: The Way of Water Courtesy: Disney Co. Shares of Disney dropped on Monday following a weaker-than-expected opening box office weekend for James Cameron’s “Avatar: The Way of Water.&...
Executives make media predictions for 2023
Back by popular demand (OK, fine, I just wanted to do this again), I asked a bunch of past and present media and entertainment executives to give me one significant and/or surprising industry predicti...
Paramount shares fall as CEO lowers ad revenue forecast
In this photo illustration, the Paramount Global logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Shares of Paramount Global fell about 7% Tuesday a...
Warner Bros. Discovery CEO David Zaslav’s top priority: Cash flow
David Zaslav Olivia Michael | CNBC A few months ago, after a lengthy and sobering review of Warner Bros. Discovery‘s business, Chief Executive David Zaslav gave his division heads a cutthroat mi...
Tesla, AMC, Energy Stocks, and More Stock Market Movers Friday
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