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The Latest Breaking News from Shari Redstone

Why Netflix Is Ready To ‘Fly Like an Eagle’

In our latest Next Text, we also celebrate more Steve Miller hits, laud Alex Garland’s trippy ‘Civil War,’ eulogize Participant Media, and wonder what the heck Sony and Uri Berliner are thinking

Broadcasting & Cable

What Will a Paramount Controlled By Republican Mega-Donor Larry Ellison Look Like?

Plus, in our latest ‘Next Text,’ we throw more shade at Coach Prime, celebrate REM’s ‘Reckoning’ and John Stewart (the singer-songwriter), and we try to escape Roku, Amazon and Telly by getting off the TV grid

Broadcasting & Cable

Bodying Up to the Magnificent '3 Body Problem,' the Bold David Ellis, the Rediscovered Sublime, the Surging CTV Biz and the Victorious Dawn Staley

Also in this week's 'Next Text,' we throw some deserved shade at the far right culture warriors at 'OutKick'

Broadcasting & Cable

From analysis to the latest developments in health,
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Paramount Enters Exclusive M&A Talks With Skydance Media

Shari Redstone marks a significant step towards selling her troubled media empire to David Ellison

Multichannel News

By ‘DTC,’ They Meant ‘Direct to Charter’

In this week’s ‘Next Text,’ we call out the Dodgers’ RSN distribution, Warner's far-fetched DC ambitions, and (of course) Shari’s latest offer

Broadcasting & Cable

Paramount Stock Jumps on Report of $11 Billion Apollo Bid for Studios

Shares rise 8% to $12.16

Multichannel News

Point-Counterpoint: Should Paramount Plus Be Thrown Off the Mountain?

In our latest ‘Next Text,’ we don't want to call David Bloom an ignorant anything, but our columnist does try to use his fancy, well-deduced logic to undermine a streaming business with 70 million users

Broadcasting & Cable

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Analyst Rich Greenfield Wants Shari Redstone To Fire Bob Bakish

Influential analyst says CEO is to blame for Paramount Global’s money-losing streaming strategy

Broadcasting & Cable

Paramount Plus: Everything You Need to Know About Paramount's Subscription Streaming Service

As Shari Redstone shops all -- or pieces -- of Paramount Global, we look at where the so-called 'Mountain of Entertainment' stands now

Multichannel News

Paramount Global’s Unusual Options Activity Heats Up on Merger News: Time to Buy?

The CEOs of Paramount Global and Warner Bros. Discovery met in New York this week to talk about a merger. The former’s unusual options activity has been much busier than the latter. Is PARA a buy?

Barchart

Paramount Stock Gains on New Report of BET Buyout

Analyst raises chance of someone buying control of Paramount to 50%

Multichannel News

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

Paramount Global Stock Jumps on Report of Possible Buyout

Deal is a ‘decent possibility,’ analyst says

Broadcasting & Cable

Sumner Redstone: the other media baron who inspired Succession was more toxic and dysfunctional than Logan Roy

Just before the third season of the hit HBO television show Succession began, the show’s creator, Jesse Armstrong, was asked (again) what it was about real-life media tycoons Sumner Redstone and Rupert Murdoch that drove him to create a TV series about a fictional media family that bore some resemblances…

The Conversation

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Broadcasting & Cable

Holy ($25-a-Head) Cow! Taylor Sheridan's Reported $500 Million Production Largesse Amid Staggering Paramount Losses Roils Striking Media Biz (Frankel)

Sure, it's good to be king ... but it doesn't always come off seemly

The Guardian - UK

Meet the real-life mogul clans who put the Succession stars in the shade

The hit series satirising a billionaire media family is toned-down compared with the true stories of the Murdochs and Redstones

Los Angeles Times

Paramount to pay $122.5 million to settle lawsuit over CBS deal

Paramount Global has agreed to pay $122.5 million to settle a 3-year-old lawsuit brought by several large investment funds that believed the company pushed through the 2019 merger of Viacom and CBS at the expense of minority shareholders.

Los Angeles Times

ViacomCBS renamed Paramount in a nod to its past and streaming future

ViacomCBS has renamed itself Paramount in a nod to the company's historic moviemaking past — and its streaming future.

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