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The Latest Breaking News from Paramount Global

Historic movie lot that gave Studio City its name to get $1 billion makeover

LOS ANGELES — Radford Studio Center, a storied movie lot in Studio City that has been home to generations of landmark television shows — including "Gunsmoke" and "Seinfeld" — is set to get a $1 billion upgrade to expand its facilities and bring them further into the digital age.

Los Angeles Times

‘Verbal trickery’: Warner Bros Discovery sues Paramount for $200 million over South Park deal

Warner says it signed a contract in 2019 paying more than $500m for the rights to existing and new episodes of the irreverent show

The Independent UK

Warner Bros. Discovery sues Paramount over 'South Park' deal

Warner Bros

The Independent UK

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Paramount Plus Adds Over 9 Million Subscribers Driven By The Most Prominent Content

The streaming market continues to be competitive as Paramount Plus competes with the big streaming platforms with quality content.

Zenger

Layoffs hit Showtime as Paramount overhauls 'Billions' brand

LOS ANGELES — Paramount Global continues to unwind its once-proud Showtime brand.

Los Angeles Times

Trump sues Bob Woodward for $50 million

Lawsuit accuses journalist of "systematic usurpation, manipulation and exploitation of audio of President Trump."

Salon

Trump sues Bob Woodward for releasing audio of their interviews without permission

The former president has made good on his threat to sue the Washington Post reporter over his use of interview recordings. The lawsuit seeks nearly $50 million in damages.

WEKU

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Donald Trump sues Bob Woodward over The Trump Tapes for $50m

Washington Post reporter and publisher Simon & Schuster say lawsuit ‘without merit … we will aggressively defend against it’

The Guardian - US

From CNN to Paramount, Media Firms Cut Jobs as Pressures Mount

An advertising slowdown, economic worries and strains of the shift to streaming have many major media companies in cost-cutting and layoff mode.

Bangkok Post

Won't somebody think of Stephen King?

An unusual Justice Department strategy sank the merger of two publishing titans. Here are the real-world effects

Salon

Warren Buffett’s portfolio: Here are the stocks Berkshire Hathaway is buying or selling

Warren Buffett is arguably the world’s most famous investor, and his investment moves are closely followed. Each quarter, the company he runs, Berkshire Hathaway, discloses its current holdings to shareholders.

Tribune News Service

CBS shake-up: Network has a new boss as cuts loom

Kelly Kahl, the respected head of the CBS television network for five turbulent years, will step down next month, clearing the way for veteran programmer Amy Reisenbach to succeed him.

Los Angeles Times

A Look Into Paramount Global's Debt

Over the past three months, shares of Paramount Global Inc. (NASDAQ:PARA) decreased by 20.18%. Before having a look at the importance of debt, let's look at how much debt Paramount Global has.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 31, 2022

Upgrades

Benzinga

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Benzinga

This Most 'Attractive' Media Acquisition Target Worth 'Well Above' MGM's $8.5B Sale To Amazon In A Deal, Analysts Speculate

Needham analyst Laura Martin reiterated a Buy on Paramount Global (NASDAQ:PARA) and a $36 price target. Martin fine-tuned her quarterly estimates to reflect more robust DTC profits in 3Q22 but weaker DTC profits in 4Q22 versus her prior forecast. Despite weak scatter pricing, she believes PARA's linear TV business will operate at breakeven in…

Benzinga

Stocks That Hit 52-Week Lows On Friday

On Friday, 404 stocks made new 52-week lows.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 4, 2022

Upgrades

Benzinga

Stocks That Hit 52-Week Lows On Thursday

On Thursday, 930 stocks hit new 52-week lows.

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news in one place.

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Benzinga

Stocks That Hit 52-Week Lows On Thursday

On Thursday, 1076 companies hit new 52-week lows.

Tribune News Service

Warren Buffett’s portfolio: Here are the stocks Berkshire Hathaway is buying or selling

Benzinga

Warren Buffett Purchased More Shares Of Paramount, Activision Blizzard and Ally Financial: How These 3 Dividend Stocks Can Provide Value

Warren Buffett is one of the most successful well-known value investors in the world, seeking investments in companies with strong fundamentals and future growth potential.

The Independent UK

Walmart deal with Paramount gives members streaming perks

Walmart says it has signed a deal with Paramount Global to offer the entertainment company’s streaming service as a perk to subscribers of the retailer's shipping subscription service

Los Angeles Times

TV station owner Nexstar acquires a controlling stake in CW Network

LOS ANGELES — Nexstar Media Group, the country's largest TV station owner, has acquired a controlling stake in the CW Network from its co-owners Paramount Global and Warner Bros. Discovery.

Benzinga

Stocks That Hit 52-Week Lows On Monday

On Monday, 92 companies set new 52-week lows.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For July 29, 2022

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