Tag: Paramount
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Paramount & Skydance Push to Finalize Their Merger on March 20 Amid FCC Hurdles
Paramount Global and Skydance Media are racing to finalize their $8 billion merger by the end of this month, with both companies expressing optimism about closing the deal as scheduled on March 20, as announced in a court hearing this week. The high-stakes merger, which would unite Paramount’s storied assets—including CBS, MTV, and a vast…
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Pluto TV Grows its Lineup with Launch of a New Pluto TV Exclusive Channel
Streaming giant Pluto TV has further solidified its position as a leading provider of free, ad-supported television with the launch of its brand-new channel, “Pluto Reality,” this morning. “Pluto Reality” aims to be the ultimate destination for Paramount reality television enthusiasts, offering a 24/7 stream This new channel adds to an already large selection of…
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Paramount Could End Up Being Sold to The Highest Bidder in a New Bidding War
A Delaware judge has cracked open the door to a potential bidding war for Paramount Global, casting uncertainty over the media conglomerate’s $8 billion merger with Hollywood’s Skydance Media. On Monday, Delaware Chancellor Kathaleen McCormick requested additional information from New York City’s public pension funds, which filed a lawsuit last month to block the deal,…
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Paramount Lost $286 Million on Paramount+, Pluto TV, & Other Streaming Services in 4th Quarter
Paramount Global unveiled its fourth-quarter financial results on Wednesday, revealing a persistent streaming loss even as it braces for a merger with Skydance Media, expected to close in 2025. The major studio reported yesterday a loss of $286 million for its direct-to-consumer (DTC) segment—which includes Paramount+, Pluto TV, and BET+—a marked improvement from the $490…
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Paramount+ Added 5.4 Million Subscribers in Q4 & Pluto TV Saw a 16% Increase in Hours Watched
Paramount shared its Q4 2024 and full year financial results Wednesday. The report showed an increase in subscribers on Paramount+, with the streaming service adding 5.4 million subscribers in Q4 and 10 million for the full year. Paramount says the increase was driven by original series including Landman, Tulsa King, and Lioness, along with two…
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FCC Urged to Probe Paramount Global’s Diversity Efforts
The Center for American Rights, a nonprofit known for challenging media companies before regulators, has called on the Federal Communications Commission (FCC) to scrutinize Paramount Global’s diversity, equity, and inclusion (DEI) initiatives, according to a report from Bloomberg. In a letter sent Wednesday to the FCC, the group’s president, Daniel Suhr, argued that Paramount’s use…
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Paramount & Skydance Merger Nears Completion Amid Regulatory and Legal Challenges
In a significant step toward finalizing a high-profile corporate merger, Paramount Global and Skydance Media have received approval from the Securities and Exchange Commission (SEC), bringing their proposed union closer to reality. The SEC declared Paramount Global’s S-4 filing effective as of Thursday, February 13, 2025, marking a key milestone in the merger process. The…
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Deal Struck YouTube TV and Paramount Reach Long-Term Agreement, Preserving Channel Lineup Including CBS, CBS Sports, MTV, Nickelodeon, & More
Today YouTube TV and Paramount have announced a long-term agreement that will keep Paramount’s suite of channels on the platform. The deal, which follows a period of tense negotiations and a short-term extension, ensures that viewers will continue to have access to CBS, CBS Sports, Nickelodeon, and other popular Paramount-owned networks, as well as their…
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Love Streaming: 6 Romantic Films To Watch For Valentine’s Day 2025
Love is more than just grand romantic gestures. It’s about resilience, self-discovery, and the pride of embracing who you are with someone else. The best romance movies remind us that love isn’t always easy, but it’s worth fighting for. Whether it’s a quirky meet-cute, a fiery battle of wits, or a relationship that withstands the…
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YouTube TV and Paramount Reach Short-Term Extension, Averting Immediate Blackout
In a last-minute reprieve for subscribers, YouTube TV and Paramount have announced a short-term extension to their carriage agreement, averting an immediate blackout of Paramount-owned channels. The eleventh-hour deal means that YouTube TV subscribers will retain access to CBS, CBS Sports Network, Comedy Central, MTV, Nickelodeon, Paramount Network, BET, VH1, TV Land, Smithsonian Channel, Pop,…