Erik Gruenwedel July 31, 2025 Paramount+ July 31 disclosed an increase in operating income and revenue despite losing 1.3 million subscribers in the second quarter ended July 31. The subscription streaming VOD platform ended the fiscal period with 77.7 million…
Paramount and Skydance have confirmed that their long-gestating merger is expected to finally close on August 7. The date had been mentioned in recent days by sources familiar with the transaction, but the companies confirmed it Friday in a press…
Chris McCarthy, co-CEO of Paramount Global and president of Showtime/MTV Entertainment, is expected to depart the company once its acquisition by Skydance is completed early next month. The exit of McCarthy, a 22-year veteran of Paramount Global and predecessor Viacom,…
The premiere for the 27th season of South Park later this month is in serious doubt amid wrangling between series creators Trey Parker and Matt Stone, Paramount Global and incoming studio owner Skydance, The Hollywood Reporter has learned. At the…
A second 90-day extension on Paramount Global’s proposed sale to David Ellison’s Skydance automatically triggered today as per the deal agreement, leaving the parties and the FCC more time to nail things down. Approval by the Commission led by Brendan…
Shari Redstone, the chair and controlling shareholder of Paramount Global, is confronting a personal health crisis as she navigates a high-profile battle over the future of her media empire and a lawsuit filed by President Trump against her news division…
A trader works, as a screen broadcasts a news conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025.…
CBS News entered a new period of turmoil on Tuesday after the executive producer of “60 Minutes,” Bill Owens, said that he would resign from the long-running Sunday news program, citing encroachments on his journalistic independence. In an extraordinary declaration,…