Tag: Paramount
-
Paramount Lost $490 Million on Streaming in The 4th Quarter of 2023
Today, Paramount announced its 4th quarter 2023 earnings. In that report, it announced that streaming had lost $490 million during the final few months of 2023. In 2022, Paramount lost $575 during the same period. Paramount+ added 4.1 million subscribers hit a new high of 67.5 million subscribers in the 4th quarter of 2023. This…
-
Warner Bros. Discovery Reportedly Ends Plans to Merge With Paramount
Back in December, the news broke that Warner Bros. Discovery and Paramount were in talks to merge. This included meetings with the two companies’ CEOs. Now CNBC is reporting that Warner Bros. Discovery is no longer pursuing a merger with Paramount. Warner Bros. Discovery’s reasons for stopping talks with Paramount after several months of negotiations…
-
Paramount Is for Sale & Here Is Everyone Who Is Reportedly Interested in Buying or Merging with Them
Paramount is one of the largest media companies in the United States and is reportedly up for sale or a merger. The sale would come from the majority owner of Paramount selling their share. There are many companies reportedly lining up to buy a majority control of Paramount or merge with it, including the following:…
-
5 Underrated Comedies And Where To Stream Them
In the vast landscape of television comedies and streaming services, there are several gems that, despite their brilliance, remain underrated and can often go unseen. These shows, available across various streaming platforms, offer unique humor, compelling storytelling, and characters that resonate deeply with viewers. They range from classic sitcoms to more contemporary series, each bringing…
-
The Recap: A Possible Peacock-Paramount+ Marriage, Sports JV Drama, and More
A busy week was capped off by another shocking revelation: Paramount and Comcast discussing combining their respective streaming services, Paramount+ and Peacock. We also continued to see the ripple effects of last week’s announcement from Walt Disney’s ESPN, FOX, and Warner Bros. Discovery to form a streaming sports joint venture, with a lot more unhappy…
-
Paramount is Shutting Down Its Children’s Streaming Service Noggin, After Failing to Sell It
Paramount has been busy consolidating its streaming plans and looking at selling off channels like BET and streaming services like Noggin. Now Variety has confirmed that Paramount will shut down Noggin. This comes as Paramount laid off the entire Noggin staff in its more recent round of layoffs according to Deadline. Noggin is Paramount’s kids…
-
Paramount+ Revealed Some Big Streaming Numbers For the Super Bowl, But it’s Still Unclear How it Did
Paramount+ said users streamed 2.64 billion minutes during the Super Bowl matchup between the Kansas City Chiefs and San Francisco 49ers. But while a billion anything can’t be ignored, the announcement didn’t offer a clear picture of how the streamer actually did after hosting the big game for the first time. The only comparison it…
-
Spectrum Cable TV Needs to Renew Its Contract With Paramount-Owned TV Channels & Bally Sports RSNs Soon
Are you a Spectrum cable TV customer? Unless Spectrum reaches a new deal you could lose some Paramount and RSN channels this spring. Charter Communications, Spectrum’s parent company, has a renewal coming up with Bally Sports and Paramount. If they fail to reach deals, we could see a second and third round of massive channel…
-
Paramount Tells 800 Employees They No Longer Have a Job
Back in January 2024 we learned that Paramount executives were considering cutting hundreds of jobs in February as the media company is at a crossroads. Now Deadline has confirmed that Paramount is laying off 800 employees in a memo that went out today. “To those with whom we are parting ways, we are incredibly grateful…
-
Warner Bros. Discovery-Paramount Update: What’s Going on With the Merger and is the Deal Dead or Alive?
Warner Bros. Discovery and Paramount made waves in the entertainment industry when the CEOs of the two companies reportedly talked about a potential merger in December. A deal would combine two of the largest media companies in the world, bringing together powerful studios, cable networks, and one of the major national networks. One of the…