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The Latest Breaking News from Paramount

Summer Movie Calendar: From 'Top Gun 2' to 'Thor 4' and more

Hollywood's summer movie season kicks off Friday with the release of Disney and Marvel's “Doctor Strange in the Multiverse of Madness."

The Independent UK

Why Paramount Resources Shares Are Surging Today

Paramount Resources Ltd (TSX:POU) (OTC:PRMRF) first-quarter sales volumes averaged 82,137 Boe/d (45% liquids), in-line with expectations. The company‘s cash from operating activities was C$175 million (C$1.25 per basic share) in the quarter. Adjusted funds flow was C$238 million (C$1.70 per basic share), and Free cash flow was C$103 million (C$0.74 per basic…

Benzinga

How the latest ‘Star Trek’ spinoff resurrects the Buck Rogers brio of the original

With “Star Trek: Strange New Worlds,” premiering Thursday on Paramount+, the franchise goes once again into the past, with a series you can consider, in quantum fashion, both as a spinoff from “Star Trek: Discovery” and a belated order for the original series’ rejected pre-Shatner pilot, “The Cage,” which starred…

Los Angeles Times

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Is Trouble Ahead For Netflix's US Dominance? Another Streaming Rival Reports Q1 Gains

Shares of many streaming-related companies were dragged down after market leader Netflix Inc (NASDAQ: NFLX) reported April 19 a loss in quarterly subscribers for the first time in over 10 years.

Benzinga

Paramount+ streaming service to launch in Ireland in June 2022

It will be home to original shows including Star Trek: Strange New Worlds, the Halo TV series and the new TV adaption of The Man Who Fell To Earth

Irish Mirror

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

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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

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

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

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Los Angeles Times

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.

Asharq Al-Awsat

‘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.

Manchester Evening News

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

Many of the buildings have since been converted or demolished

The Independent UK

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…

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Financial Times

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

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.

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

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