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The Latest Breaking News from Viacom

The other media baron who inspired Succession – more toxic and dysfunctional than Logan Roy

When Sumner Redstone and Rupert Murdoch were asked about their succession plans, both had joked they didn’t plan to die.

The New Daily

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

B+C Hall of Fame 2023: Ray Hopkins

President, U.S. Networks Distribution, Paramount Global

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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

A money-spinner already! WIPL media rights sold for Rs 951 crore

MUMBAI: The decks are finally getting cleared for the inaugural edition of Women's IPL — the BCCI's most ambitious project in recent times. On Monday, BCCI secretary Jay Shah announced that Viacom 18 have secured the media rights for the upcoming Women's IPL for Rs 951 crore for five years…

The Times of India

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Viacom18 wins Women's IPL media rights for 2023-2027 period

NEW DELHI: Viacom18 on Monday won the media rights of Women's Indian Premier League (IPL) for the period of 2023-2027. At an auction in Mumbai on Monday, Viacom18 won the rights with a bid of INR 951 crore, which translates to a per match value of INR 7.09 crore.

The Times of India

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

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

It's a deal! - Everything you need to know about final IPL media rights figures

The highly anticipated IPL media rights auction is now officially over. The winner of the various bids have been announced for the next 5 year cycle - 2023 to 2027. There were a total of four different packages (A-D) that were bid for with various subsections.

The Times of India

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The Times of India

IPL media rights sealed at Rs 48,390.50 crore: Disney-Star get TV, Viacom digital; Times Internet gets overseas rights

MUMBAI: The Walt Disney Co., Viacom18-led JV and Times Internet have turned out to be the big winners in the Indian Premier League (IPL) media rights e-auction for the 2023-27 cycle that concluded over a period of three days on Tuesday evening.

The Times of India

IPL TV & digital rights sold for Rs 44,075 crore

MUMBAI: At Rs 23,575 crore for television and at Rs 20,500 crore for digital, the BCCI sold Packages ‘A’ and ‘B’ of the Indian Premier League (IPL) to two separate bidders on Day Two of the e-auction on Monday.

The Times of India

Seven firms in the race for Indian Premier League TV rights

MUMBAI: Five years after the BCCI last raised the stakes in the IPL, selling its media broadcast rights across television and digital for India and the rest of the world in excess of Rs 16,347 cr, they’re back to the auction table toup the game.

The Times of India

IPL Media Rights: Amazon pulls out; Star, Viacom18, Sony, Zee in 4-way race

NEW DELHI: The much-anticipated duel between Jeff Bezos and Mukesh Ambani for acquisition of one of world's costliest sporting properties won't materialise now as OTT giants Amazon on Friday pulled out of IPL media rights bidding, scheduled to start on Sunday.

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Benzinga

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.

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.

Benzinga

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.

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