Tag: Paramount
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Paramount is Reportedly Going to Be Sold At Auction To The Highest Bidder
Recently, we learned that Warner Bros. Discovery and Skydance Media are both in talks to buy a majority control of Paramount. Now, the New York Post has reported that Shari Redstone, the majority owner of Paramount, will sell her controlling stake of Paramount in an auction to the highest bidder. Currently, Paramount Global is controlled…
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Another Media Company is Reportedly in Talks To Buy Paramount
Skydance Media executives, led by CEO David Ellison, and other investors are discussing an “all-cash bid” to buy National Amusements, Paramount Global’s parent company, people familiar with the matter told The Wall Street Journal. National Amusements Currently, Paramount Global is controlled by media executive Shari Redstone. Redstone also controls National Amusements, which owns 77% of…
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The Recap: Spectrum Price Hike, Streaming Cancellations, and More
What better way to start the new year than…another price hike? Yep, rate increases weren’t just a 2023 thing, with Spectrum the latest cable provider jacking up internet prices. One other company, however, is actually lowering them. But there’s a bit of good news – including a surprise extension of Max its B/R Sports package…
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How to Watch Escape to the Country and Your Other Favorite Lifestyle Dabl Shows on Roku, Fire TV, Apple TV, and More
In the ever-evolving landscape of streaming television, Dabl, the free over-the-air TV network, has undergone a significant transformation with the turning of the calendar. Launched in September 2019 under the ownership of CBS, later transitioning to Paramount, Dabl initially carved a niche in reality programming, offering an array of lifestyle shows like “Escape To The…
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The Possibility of a Warner Bros. Discovery-Paramount Merger Is Generating Doubt and Speculation
Warner Bros. Discovery and Paramount are in talks to merge. While an official deal is yet to be made, reports are already circulating that the union of the two companies wouldn’t be a success. Earlier this week, Warner Bros. Discovery CEO David Zaslav met with Paramount Global CO Bob Bakish met to discuss a possible…
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Warner Bros. Discovery, Disney, Comcast, & Paramount Lost More Than $5 Billion on Streaming in 2023
Cord cutting has been dominating cable TV, and legacy media companies have yet to figure out how to turn the millions of Americans who are streaming into revenue. According to a report from the Financial Times, Disney, Warner Bros. Discovery, Comcast, and Paramount together have lost more than $5 billion on streaming in 2023. Comcast…
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Why Disney, Paramount, and Peacock’s Money Troubles Are Good For You
It’s been a brutal year if you run a streaming business. After years of pouring billions of dollars into creating exclusive content, companies like Disney, Paramount, and Comcast, which owns Peacock, are deep in the red. But their losses may end up being your gain as the need to rein in expenses may mean you’ll…
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Paramount is Reportedly In Talks to Sell BET For Almost $2 Billion
For most of 2023, Paramount has been looking to sell BET. Reportedly, earlier this year, Paramount decided that the offers for BET were not worth it now though Paramount has decided to once again look at deals to sell BET. According to a report from Bloomberg, Paramount is in talks with multiple potential buyers, include…
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Pluto TV Adds Three New Channels, Including ION and Say Yes to the Dress
Pluto TV on Tuesday added a trio of new channels to its free, ad-supported streaming service. The new channels include Warner Bros. TV Sweet Escapes, Warner Bros. TV Says Yes to the Dress, and TV network ION. This comes on top of the 16 channels and new on-demand content it added earlier in December. Pluto…
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The Recap: FCC’s Plan to Kill Junk Fees, Disappearing Apps, and More
Cord cutting has taken its toll on cable companies, which we’ve seen every time Comcast or Charter Communications reports earnings and continued losses on the TV side. But what gets less attention are the small local cable TV companies, and things are even uglier. There have been a string of cable companies that have either…