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The Latest Breaking News from Paramount Global

Merger talks between Paramount and Warner Bros. Discovery took fans by surprise

A possible merger between Warner Bros. Discovery and Paramount would change the entertainment landscape forever.

USA Today Sports Media Group

Media mogul Shari Redstone reportedly considering selling her stake in Paramount after fighting for years to keep control of the company

Redstone reportedly considers selling to the movie studio that made ‘Top Gun: Maverick’ in a move that could kick off a selling spree among legacy media companies.

Fortune

Stocks Finish Higher on U.S. Economic Optimism

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.41%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.39%. Stocks on Friday settled moderately higher, with the S&P...

Barchart

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Paramount Global Stock Jumps on Report of Possible Buyout

Deal is a ‘decent possibility,’ analyst says

Broadcasting & Cable

Stocks Rally as Soft-Landing Prospects Improve

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.21%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.22%. Stocks this morning are moderately higher, with the S&P...

Barchart

Paramount Joins Go Addressable, Which Becomes a Trade Organization

First programmer signed up to help content distributors push addressable advertising

Broadcasting & Cable

Paramount Plus Has Cut Its Movie Catalog Back By 64%

Reelgood audit shows Paramount SVOD had 830 movie titles as of mid-October, fewer than half as many as it had a year prior

Broadcasting & Cable

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Stock Market Today: Stocks Soar After Weak October Jobs Report

Mega-cap stock Apple fell after earnings, but softer-than-anticipated jobs data gave bulls the upper hand Friday.

Kiplinger

Paramount+ Subs Top 63M

Paramount+ added 2.7M net subs in Q3, 2023 as streaming losses narrowed

TV Tech

Paramount Looking at Charter-Disney-Like Pay TV Streaming Bundles, as DTC Revenues Surge and Losses Ebb in Q3

DTC revenue was up 38% in the quarter as Paramount Plus added 2.7 million subscribers to reach scale of 63 million

Broadcasting & Cable

‘Yellowstone’s’ Final 6 Episodes Pushed All the Way Back to November 2024 on the Paramount Network

Paramount also greenlights two Taylor Sheridan spinoffs, ‘1944’ and ‘2024’

Multichannel News

Paramount Expands `Eyeq' Digital Video Ad Platform Globally

The unified digital video advertising platform is now available to regional and multinational marketers worldwide

TV Tech

Paramount Takes EyeQ Digital Ad Platform Global

Expansion of Pluto TV, Paramount Plus fuels inventory growth

Broadcasting & Cable

These 2 Stocks Hitting 52-Week Lows Look Enticing

In Tuesday afternoon trading, 144 stocks hit 52-week lows, while 86 hit 52-week highs. Most of the 52-week lows were on the Nasdaq. Here are two that look very enticing.

Barchart

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Barchart

The Best & Worst Performing Warren Buffett Stocks So Far in 2023

Forget Apple and Occidental Petroleum - the best & worst stocks in Berkshire Hathaway's portfolio so far this year might surprise you.

The Independent UK

Paramount decides it won't sell majority stake in BET Media Group, source tells AP

BET won’t be sold after all: Paramount Global decided against selling the majority stake of the network

TV Tech

Matt Naber And Robert Breen Named Co-Heads Of Advertising Sales At CBS Stations

They will be responsible for leading local ad revenue, sales strategies and operations across CBS’ 27 local stations, as well as Paramount’s local digital and streaming revenue

WEKU

Paramount sells Simon & Schuster to private investment firm

Paramount Global has sold Simon & Schuster to the private equity firm KKR. The deal comes nearly a year after the Department of Justice blocked Penguin Random House from acquiring Simon & Schuster.

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Cinemablend

Looks Like Zoe Saldana And Nicole Kidman's Special Ops: Lioness Is Another Huge Hit For Yellowstone's Taylor Sheridan

Add Special Ops: Lioness to Taylor Sheridan's list of hit TV shows!

Zenger

Peacock To Raise Prices For First Time, Citing Subscriber Growth

NBCUniversal's streaming platform to increase monthly fees as it reaches 22 million subscribers.

TV Tech

IBC Unveils Headline Speakers, Content Pillars for 2023 Show

Executives from Warner Bros. Discovery, Paramount Global, Sony Pictures Entertainment, BBC Studios Productions, and other leading organizations to take the stage at IBC Conference

Multichannel News

Freeze Frame | Next TV Summit Los Angeles 2023

Photos from the L.A. TV Week streaming-focused conference held June 20

Zenger

Tyler Perry Closes Deal To Purchase BET And VH1 From Paramount Global

Media giant Paramount has been exploring the sale of BET Media Group, which includes the cable networks BET and VH1.

Barchart

Stocks End Higher as a Jump in Jobless Claims Knocks Bond Yields Lower

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.62%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.50%, and the Nasdaq 100 Index ($IU XX) (QQQ ) closed up +1.27%. Stock indexes Thursday posted moderate gains, with the Dow...

Barchart

Stocks Push Higher as Bond Yields Fall After U.S. Jobless Claims Jump

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.64%. U.S. stocks this morning are moderately higher. Strength in...

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