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The Latest Breaking News from Paramount

Why Paramount Global Shares Are Trading Lower Today

Paramount Global (NASDAQ:PARA) reported a first-quarter FY22 revenue decline of 1% year-on-year to $7.33 billion, missing the consensus of $7.38 billion. Global streaming subscribers rose to over 62 million, adding 6.3 million total subscribers. Paramount+ added 6.8 million subscribers in the quarter, bringing Paramount+ total subscribers to almost 40 million. Pluto TV grew…

Benzinga

Paramount+ Lands Sylvester Stallone For First-Ever TV Series: Can A Mob Hit Continue Streaming Momentum?

A legendary action movie actor is headed to the small screen with a mobster-styled show that could boost the profile of one of the smaller streaming platforms.

Benzinga

Netflix faces losing licensed hit shows to streaming rivals

Exclusive figures reveal hit shows such as Friends could be pulled when current contracts expire

The Guardian - UK

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Tom Cruise Unveils 'Top Gun' Sequel with Mid-air Stunt

Tom Cruise unveiled the world-first screening of "Top Gun: Maverick" at CinemaCon in Las Vegas Thursday -- introducing the long-awaited sequel while balanced atop a flying bi-plane. The new "Top Gun," which picks up the story of Maverick and his fighter pilot buddies some three decades after the blockbuster original,…

Asharq Al-Awsat

"The Offer" you can easily refuse

Even the hardest-core "Godfather" fans would do better to leave "The Offer" and watch anything else instead

Salon

What does a movie producer do? ‘The Offer,’ a series about the making of ‘The Godfather,’ provides an answer

A few years ago, ahead of the 2019 Oscars, I wrote a column that started with a simple question: What does a movie producer do? Despite the ubiquity of the term, it’s a job title that fails to capture the day-to-day work itself. Director? Sure, most of us have a…

Chicago Tribune

‘The Offer’ takes too long, gets too silly in dramatizing the making of ‘The Godfather’

How did things ever get so dumb? Behind-the-scenes Paramount+ series degrades its story with clumsy parallels and over-the-top scenes.

Chicago Sun-Times

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The Offer review – the making of The Godfather makes for hit-and-miss TV

The splashy inside Hollywood drama on the making of The Godfather is a patchy, overlong series that is best when it sticks to the script

The Guardian - US

In a market swamped with streaming services, Netflix's massive loss of subscribers is a big deal

Netflix’s recently released first quarter earnings for 2022 reported a shocking loss of 200,000 subscribers – a worrying shift for a business that had previously only seen sustained growth since 2011.

The Conversation

After streaming's worst week, Hollywood bows at the altar of cinema

The ascendant business of steaming video, which has for years been seen as the biggest threat to the traditional entertainment industry, just had quite possibly its worst week ever. Netflix's stock got crushed. CNN+ got killed.

Los Angeles Times

‘The Offer’ Recreates Wild Drama behind ‘The Godfather’

On a trip to New York in the early 1970s, Robert Evans, the former head of Paramount, discovered a dead rat in his hotel room bed.

Asharq Al-Awsat

Manchester's lost city-centre cinemas now confined to history

Many of the buildings have since been converted or demolished

Manchester Evening News

New this week: 'The Offer,' Kehlani, 'I Love That for You'

This week’s new entertainment releases include new music from Future and Kehlani, a 10-episode Paramount+ series that dramatizes the behind-the-scenes story of the making of “The Godfather,” and the comedy “I Love That for You” starring former “Saturday Night Live” cast member Vanessa Bayer as a woman longing to be…

The Independent UK

Are you still watching? Netflix and the future of streaming

The company’s fall in subscribers is a moment of reckoning for media groups pouring billions into online platforms

Financial Times

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Inverse

Star Trek's new Uhura reveals how Zoe Saldaña inspired their 'Strange New Worlds' character

Star Trek's third Uhura, Celia Rose Gooding, explains that Zoe Saldaña was their first Uhura. Plus, how they honor both Nichelle Nichols and Saldaña in their new 'Strange New Worlds' role.

Benzinga

Why Paramount Global Shares Are Falling Following Netflix's Earnings Report

Several notable names in the streaming and entertainment sector, including Paramount Global (NASDAQ: PARA) (NASDAQ: PARAA) (NASDAQ: PARAP), are trading lower in s

Benzinga

Anthem Shares Jump On Raised FY22 Outlook Boosted By Better Than Expected Q1 Results

Anthem Inc (NYSE:ANTM) has reported Q1 FY22 adjusted EPS of $8.25, up 17.7% Y/Y, beating the consensus of $7.81. Operating revenue rose 18% to $37.9 billion, slightly beating the expectations of $37.42 billion, driven by higher premium revenue due to growth in Medicaid & Medicare, MMM & Paramount acquisitions, higher premium rates,…

Axios

Netflix slowdown a sea change for streaming

A quarterly loss in subscribers leaves backers and competitors scrambling to rethink the streaming model.

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Benzinga

This Iconic Children's Entertainment Channel Is Offering Free Cartoons For Ukrainian Refugees

A leader in children’s content is doing something to make the transition for Ukrainian refugees a bit easier. Here’s the goodwill move being shown by Nickelodeon.

The Independent UK

Paramount makes Nickelodeon content free to Ukrainian refugees

Company hopes to provide ‘comfort’ to families forced out of their homes

USA Today Sports Media Group

Sonic the Hedgehog 2 outruns box office competition, earning $71 million opening weekend

Speed, and the numbers, are his game.

Asharq Al-Awsat

‘Sonic 2’ Steals Weekend Box Office, but ‘Ambulance’ Stalls

“Sonic the Hedgehog 2” sped to the top of the charts in its opening weekend, earning an impressive $71 million according to studio estimates Sunday. Paramount’s PG-rated sequel easily bested the weekend’s other major newcomer, Michael Bay’s “Ambulance,” which faltered in theaters. “Sonic 2,” which brings back the first film’s…

The Independent UK

‘Sonic 2’ steals weekend box office, but ‘Ambulance’ stalls

“Sonic the Hedgehog 2” sped to the top of the charts in its opening weekend, earning an impressive $71 million according to studio estimates Sunday

Salon

Halo star on haters who haven't watched

Pablo Schreiber understands that the hatred for the show may come from a place of love (or something like that)

Manchester Evening News

I went to Greater Manchester's 'best Wetherspoons' but one thing disappointed me

In Greater Manchester alone, there are more than 25 Wetherspoons’ pubs, and the Paramount on Oxford Road is among the best rated

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