Microsoft ‘s (MSFT) nearly $69 billion cash offer to buy video game giant Activision Blizzard (ATVI) has been under tremendous scrutiny since it was first announced back in January. But at least...
Tag: Paramount Global
Paramount’s Pluto AVOD Service Finally Comes To Canada
(Logo courtesy of Pluto) Ad-supported streaming service Pluto, which has been one of ParamountPARA Global’s secret weapons in its efforts to become, you know, global, has finally launched in the count...
Keegan-Michael Key Returns As ‘Key & Peele’ Substitute Teacher In Paramount+ Ad
LOS ANGELES, CALIFORNIA – JANUARY 18: Keegan-Michael Key attends Entertainment Weekly Pre-SAG … [+] Celebration at Chateau Marmont on January 18, 2020 in Los Angeles, California. (Photo by...
Paramount scraps deal to sell Simon & Schuster to Penguin
The Penguin logo is visible on the spines of books displayed on a shelf at Book Passage on Nov. 2, 2021 in Corte Madera, California. The U.S. Department of Justice is suing Penguin Random House and Si...
Paramount shares rise after Buffett’s Berkshire Hathaway raises stake
In this photo illustration, the Paramount Global logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Paramount Global‘s stock got a boost Tuesday...
Walmart, Taiwan Semiconductor, Netflix, Carnival and more
Bing Guan | Bloomberg | Getty Images Check out the companies making the biggest moves midday. Walmart — Shares of retailer Walmart jumped more than 7% after reporting quarterly earnings that beat Wall...
Taiwan Semi, Paramount Global and more
Check out the companies making headlines in after hours trading Taiwan Semiconductor Manufacturing – Shares of Taiwan Semiconductor jumped 6.4% after Warren Buffett’s Berkshire Hathaway said it ...
A Berkshire Hathaway Bright Spot: Energy. Here Are the Numbers.
Warren Buffett likes energy. Berkshire Hathaway now owns some $58 billion of Chevron and Occidental Petroleum securities. It isn’t Berkshire’s largest holding; that would be insurance, led by auto ins...
Wakanda Forever’ aims to break box office records
Angela Bassett stars as Queen Ramonda in Marvel’s “Black Panther: Wakanda Forever.” Disney Long live the king. Disney’s latest entrant in the Marvel Cinematic Universe, “...
Warner Bros Discovery (WBD) earnings Q3 2022
Warner Bros. Discovery reported its third-quarter earnings on Thursday, missing analyst expectations, as it felt the effects of a tough advertising environment and costs associated with its post-merge...
LAPD captain warned CBS about Les Moonves sexual assault claim, NY AG says
Leslie ‘Les’ Moonves, president and chief executive officer of CBS Corp. David Paul Morris | Bloomberg | Getty Images Paramount Global and former CBS chief Les Moonves agreed to make addit...
TV revenue falls, shares sink
Paramount Global on Wednesday reported third-quarter revenue that was up 5% from a year ago, but the results missed expectations as it suffered from cord cutting and a drop in advertising revenue. Its...
Stocks making the biggest moves midday: Tupperware, Paramount and more
An employee of Tupperware Brands Corporation is at work on the production line at the group’s plant in Joue-les-Tours, centre France, on the day of its 40th anniversary. AFP PHOTO / JEAN-FRANCOI...
CVS, Estee lauder, Canada Goose and others
Check out the companies making headlines before the bell: CVS (CVS) – CVS gained 1.9% in the premarket after reporting better-than-expected revenue and profit for its latest quarter. The company also ...
Fox earnings lifted by ad revenue from Tubi streaming service
Pete Davidson attends TUBI’s “The Freak Brothers” Experience at Fred Segal on December 06, 2021 in Los Angeles, California. Kevin Winter | Getty Images Fox Corp.’s bet on its f...
Wynn Resorts, Petrobras, Hanesbrands and more
Take a look at some of the biggest movers in the premarket: Wynn Resorts (WYNN) – Investor Tilman Fertitta has taken a 6.1% stake in the resort operator, according to a Securities and Exchange Commiss...
I like Procter & Gamble over Walmart
Iron Mountain Inc: “Right now I don’t want to back away from it. … We may have to do new work on Iron Mountain to see if it’s as safe as we think it is.” McKesson Corp: &...
Focus on revenue, profit, not subscriber adds
Netflix logo Mario Tama | Getty Images News | Getty Images Netflix has a message for investors: start focusing on revenue and profit, and stop obsessing about subscriber growth. Netflix made its argum...
NFL and Apple are at odds in Sunday Ticket negotiations
Kansas City Chiefs quarterback Patrick Mahomes (15) is sacked by Los Angeles Chargers linebacker Drue Tranquill (49) in the first quarter at Arrowhead Stadium on Thursday, Sept. 15, 2022, in Kansas Ci...
Showtime chief’s exit signals Paramount moving toward streaming merger
Damian Lewis as Bobby Axelrod in the original series “BILLIONS” airing on Showtime. Jeff Neumann/SHOWTIME Paramount Global executive David Nevins, who has run the premium network Showtime ...
Don’t expect cable TV-like package for streaming services any time soon
The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images A contradiction is developing in the world of streami...
‘The Woman King’ shows why the box office needs more mid-budget movies
Viola Davis stars in Sony’s “The Woman King.” Sony “The Woman King” held firm at the box office during its second weekend in theaters. The Sony film is expected to genera...
Berkshire Made Big Bets on Citi, HP, and Paramount Stock. They Look Like Losers.
Text size Warren Buffett, CEO of Berkshire Hathaway, said his company often buys equities before a market hits bottom. AFP via Getty Images When asked about Berkshire Hathaway ’s investment success at...
Berkshire Looks Like a Loser with 3 Big Buys
Text size Warren Buffett, CEO of Berkshire Hathaway, said his company often buys equities before a market hits bottom. AFP via Getty Images When asked about Berkshire Hathaway ’s investment success at...
‘The Woman King’ poised for big box office after strong opening weekend
Viola Davis stars in Sony’s “The Woman King.” Sony During a lull in the movie calendar, Gina Prince-Bythewood’s “The Woman King” is generating the kind of buzz — an...
Spanish-language streaming service Canela.TV launches original shows
An upstart Spanish-language streamer is taking a big step into original content. Canela Media will debut a daily entertainment news show, “¡Ponle Canela!,” on its streaming platform, Canel...
Showtime Merger With Paramount+ May Not Sit Well With Cable Operators
Photographer: Daniel Acker/Bloomberg © 2015 Bloomberg Finance LP The news that ParamountPARA PARA PARAMOUNT Global is considering shutting down its $11 0.99/month Showtime streaming service and port t...
‘Star Wars’ spinoff ‘Rogue Squadron’ off calendar as Disney shores up film slate
Patty Jenkins attends TNT’s “I Am The Night” FYC Event on May 9, 2019 in North Hollywood, California. Emma McIntyre | Getty Images Questions about the fate of Patty Jenkins’ &#...
Nationwide $3 movie deal draws record customers on National Cinema Day
An AMC movie theater in New York. Scott Mlyn | CNBC A $3 movie ticket promotion meant to boost sales across cinemas during a typically sleepy weekend for the business has drawn in 8.1 million customer...
Disney CEO Chapek distances himself from Iger with Disney+ price decision
Disney Co. executives CEO Bob Chapek, left, and Bob Iger, executive chairman, deliver remarks at Cinderella Castle at the Magic Kingdom during the rededication ceremony marking the 50th anniversary of...