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The Latest Breaking News from Viacom

Tom Freston, the beat-poet exec who made MTV cool for 20 years, sees ‘really nothing in it for the consumer’ from Netflix, Warner, or his old company

The ex–Viacom and Paramount chief is as proud of his new book as he is aghast at MTV leadership: “They’ve run it into the ground over the last 15 years.”

Fortune

With new memoir, Tom Freston hopes to show young people there are multiple paths to success

Tom Freston could tell endless stories about the formative days of MTV and late nights with rock stars

The Independent UK

Bob Bakish was ousted by Paramount after clashing with Shari Redstone and he still got rewarded with a $69.3 million golden parachute

Bakish earned $86.96 million in 2024, up from $31.3 million the year prior.

Fortune

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read the most diverse news in one place.

Are We Still Living in 1999?

A new book argues that late-20th-century lowbrow culture created the modern world.

Reason

At Paramount—as moguls, executives, and 3 CEOs struggled for control—some employees describe a brutal year

Paramount Global laid off more employees in 2024 than any of its rivals. A larger reckoning is still playing out.

Fortune

Sky faces bill for hundreds of millions after advertising blunder

Sky Media will have to recompense business partners after discovering it had miscalculated what it owed them

The Guardian - UK

Entertainment giant Paramount agrees to a merger with Skydance

Entertainment giant Paramount, which owns CBS and was behind blockbuster films such as “Top Gun” and “The Godfather” has agreed to merge with Skydance

The Independent UK

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Paramount Global Agrees to Merge with David Ellison’s Skydance, Jeff Shell Named President

Complex deal is valued at around $8 billion and will take control over Par out of Redstone hands for the first time since 1987

Multichannel News

Bathroom breaks were banned by Archegos boss accused of fraud, who allegedly 'yelled' at staff for stepping away while key stocks were moving

The trial of Sung Kook “Bill” Hwang, boss at Archegos Capital Management, heard former staffer William Tomita claim Hwang banned bathroom breaks during key trades.

Fortune

Are Kenny, Chuckster and 'Inside the NBA' Moving to Amazon?

Also in our latest 'Next Text,' we mark our calendars for FX and Hulu's 'Clipped,' break down the latest on the Paramount sale, and we take fixed wireless and cable mobile to the ol' gravel pit where they belong

Broadcasting & Cable

The Secret Army: how the IRA gave US crew access for 1972 propaganda film

BBC documentary uncovers story behind film that included scenes of bomb missions before it vanished for almost 50 years

The Guardian - UK

Why Scott Coker passed on PFL after Bellator sale: ‘I’m an entrepreneur at heart’

Longtime Bellator boss Scott Coker revealed the reason he didn't go to the PFL after its purchase of his former promotion from Viacom.

USA Today Sports Media Group

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 Faces Challenging Renewal Talks with Charter, Analyst Says

The high degree of overlap of CBS and Nickelodeon content between Paramount Plus and Paramount linear channels will make carving out a Disney-like bundling deal with the top U.S. pay TV operator tricky, says Lightshed Partners' Richard Greenfield

Broadcasting & Cable

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Woman & Home

Is James leaving All Creatures Great and Small and will Nicholas Ralph’s character return from the war?

The idea of James leaving All Creatures Great and Small might seem unimaginable but season 4 set up a major storyline for the beloved vet

Broadcasting & Cable

Carole Robinson Joins Nielsen as Chief Communications Officer

Had been with Buzzfeed, Viacom

USA Today Sports Media Group

Video: What does the future hold for Bellator MMA?

Could one of the biggest MMA promotions on the globe be in its final days? Our "Spinning Back Clique" discusses.

USA Today Sports Media Group

Scott Coker after Bellator 300: ‘A lot of uncertainty and a lot of unknowns’ surround company

For the first time, Bellator president Scott Coker spoke at length about the future of the promotion as speculation runs rampant about a possible PFL merger.

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The Times of India

How Viacom 18 has created a near monopoly with India home cricket rights

Viacom 18 now officially holds the rights for all India home cricket across TV and digital for the next five years. They beat the other two serious contenders - Star India and Sony in a three way battle in an e-auction on Thursday to bag the coveted rights.

The Times of India

Viacom 18 wins BCCI bilateral media rights for the next five years: Jay Shah

NEW DELHI: Viacom 18 has emerged as the winner of the BCCI's bilateral media rights for the next five years, the board's secretary Jay Shah confirmed on Thursday. The new term for the international and domestic matches in India is from September 2023 to March 2028.

The Times of India

BCCI bilateral media rights winner to be declared today

MUMBAI: On Thursday, BCCI, the richest cricket board in the world, will sell its bilateral media rights- via an e-auction in Mumbai. The auction will be for international and domestic matches in India for the next five years-from September 2023 to March 2028.

The Independent UK

The Other Two to end at Max after three seasons following alleged complaints about show creators

Final episode will air in the US on Thursday

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.

USA Today Sports Media Group

Scott Coker confirms Bellator looking for partner, PFL ‘definitely in the conversation’

As it stands, Bellator and PFL are rival promotions, but that could soon change, Scott Coker confirmed.

The Independent UK

Richard Snyder, ‘warrior-king’ of publishing who presided over rise of Simon & Schuster, dead at 90

Richard Snyder, a visionary and imperious executive at Simon & Schuster who presided over the publisher’s exponential rise during the second half of the 20th century and helped define an era of growing corporate power, has died

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