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The Latest Breaking News from Viacom

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

A new book on the Redstone saga is a real page-turner

Unscripted: The Epic Battle for a Media Empire is clearly made for TV.

Fortune

Sumner Redstone: book reveals media mogul’s ‘astonishing saga of sex, lies and betrayal’

New account details just how awful, shocking and abusive that culture was at one of America’s biggest media empires

The Guardian - US

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Tyler Perry signs 4-movie deal with Amazon

ATLANTA — Atlanta media mogul Tyler Perry has inked deals in the past with TBS, OWN, Lionsgate, Viacom and Netflix. Now he has signed a four-movie deal with Amazon Prime.

Tribune News Service

Frank Biondi ran Viacom and built Nickelodeon, and now his daughter is helping to tell his story

LOS ANGELES -- In an industry teeming with publicity-hungry executives, the late Frank Biondi stood apart. An architect of modern-day Hollywood, he quietly shaped media companies into creative powerhouses.

Los Angeles Times

YouTube TV review: The live TV streaming service for replacing cable TV

YouTube TV is an ideal live TV streaming service for cord-cutters looking for a true cable TV replacement. Here's why.

Tom’s Guide

AMC Networks gets a new chief executive as it adapts to streaming

AMC Networks, known for "The Walking Dead" and the critically acclaimed "Better Call Saul," has named Christina Spade as its new chief executive, taking over for the New York entertainment company's interim head, Matt Blank.

Los Angeles Times

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Explained | The IPL business model and how it compares to sports leagues globally

How does the IPL business model work? We explore its revenue ecosystem and compare it to leagues such as the EPL and NFL

The Hindu

ViacomCBS Rebrands As Paramount: What You Need To Know

ViacomCBS (NASDAQ: VIAC) has rebranded itself as Paramount Global, effective Feb. 17, and will be traded under the new ticker symbols “PARAA” for Class A shares and “PARA” for Class B shares.

Benzinga

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.

Los Angeles Times

Why ViacomCBS Shares Are Falling In Tuesday's After-Hours Session

ViacomCBS Inc Class B (NASDAQ: VIAC) shares are trading lower by 5.1% at $34.15 during Tuesday's after-hours session after the company reported fourth-quarter adjusted EPS results were down year-over-year.

Benzinga

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