All Paramount articles
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News
Larry Ellison to become controlling Paramount shareholder
Tech billionaire Larry Ellison will become the controlling shareholder of Paramount Global when it is acquired by his son David’s Skydance Media, according to a filing with the US Federal Communications Commission (FCC).
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News
Edgar Bronfman drops Paramount bid
The merger between Paramount Global and Skydance Media is set to take place after media veteran Edgar Bronfman Jr withdrew from the race for the Hollywood film and TV studio.
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News
Edgar Bronfman tables rival $6bn deal for Paramount Global
A group of investors led by veteran media executive Edgar Bronfman Jr. has lodged a last minute $6bn bid for Paramount Global.
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Daily News
Paramount Television Studios to close
Paramount Global is closing its Paramount Television Studios as part of a round of cost-cutting.
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News
Paramount Global writes down value of cable networks by $6bn
Paramount Global has written down the value of its cable TV networks by nearly $6bn and is to cut 15% of its US workforce in a bid to reduce costs.
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Industry Trends
IBC2024 Accelerator Project: Design Your Weapons in the Fight Against Disinformation
A skilled and diverse team aims to develop a modern system where news organisations collaborate to identify disinformation and authenticate genuine reporting, restoring audience confidence in trustworthy information.
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News
Paramount Global to merge with Skydance Media
US studio Paramount Global is to merge with independent film studio Skydance Media.
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News
Skydance renews Paramount acquisition talks
Skydance Media has renewed talks to acquire Paramount just a few weeks after a potential deal collapsed at the last minute.
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News
Sony and Apollo tables $26bn bid for Paramount
Sony Pictures and private equity firm Apollo Global Management have teamed up to table a $26 billion offer for Paramount Global.
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News
Trio of execs replace Bob Bakish as head of Paramount Global
Bob Bakish is stepping down from his role as President and CEO of Paramount Global.
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News
Apollo Global offers $11bn to buy Paramount’s film and TV studios – report
Private equity firm Apollo Global Management has tabled an $11bn bid for Paramount Global’s film and TV studio business according to reports.
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News
Paramount Global to reduce workforce and international content
Paramount Global CEO Bob Bakish has outlined plans to cut the entertainment company’s workforce and to reduce the amount of international original programming it produces.
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News
Warner Bros Discovery, Paramount Global in merger talks – reports
Warner Bros Discovery and Paramount Global have held early talks about merging according to multiple media reports.
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Industry Trends
Changemakers Podcast: Paramount Global’s Wincie Knight on Inclusion, the Right Way
In this bonus episode of the IBC’s Changemaker series of Podcasts, Paramount Global’s Wincie Knight speaks to Nadira Tudor about how now is the time “to think about the power of weaving inclusion and belonging into the fabric of your organisation,” and how it’s done - the right way.
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News
Former Showtime Boss David Nevins Joins Peter Chernin’s The North Road Company
Former Showtime Networks boss David Nevins has been appointed Chief Executive of Peter Chernin’s independent studio The North Road Company.
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News
Paramount Global Announces Staff Cuts
Paramount Global is cutting around 25% of its US staff across its Showtime/MTV Entertainment Studios and Paramount Media Networks divisions.
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News
Paramount+ subscribers see record rise
Paramount+ subscriber numbers rose by a record 9.9 million to hit nearly 56 million by the end of 2022, driven by content such as blockbuster movie Top Gun: Maverick.
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News
Streamer launches: ITVX in the UK, Paramount+ in Germany and Disney+ Basic in the US
UK broadcaster ITV has launched its new and expanded streaming service ITVX, in a slew of streamer launches across the globe.
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News
SkyShowtime streaming service rolls out across Europe
Comcast and Paramount’s joint venture streaming service SkyShowtime has begun its roll out across continental Europe.
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News
Paramount Global explores folding Showtime into Paramount+
Paramount Global is reportedly considering discontinuing its Showtime streaming service and shifting its content into Paramount+ in a bid to streamline the company’s offerings amid a crowd of competitors, according to a report in the Wall Street Journal.