Tag: Paramount
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Paramount Reportedly Ends Its Efforts to Sell BET, BET+, & VH1
Since early 2023 we have heard reports that Paramount was looking to sell BET along with BET+ and VH1. Reportedly Paramount wanted more than $3 billion for the bundle of streaming services and TV networks, but now it seems they have decided the deal was not worth it in the end. According to a report…
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Paramount Will Reportedly Sell Simon & Schuster As It Focuses on Its Paramount+ Streaming Service
Paramount Global is once again working with financial advisors to successfully sell Simon & Schuster, the third largest book publisher. This time it looks like the deal may actually happen. In 2020 an attempt to sell Simon & Schuster in a $2.2 billion deal to Penguin Random House was blocked by United States regulators over…
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Paramount & Warner Bros. Discovery Are Still Suing Each Other Over ‘South Park’ Streaming Rights
Back in April, Paramount and Warner Bros. Discovery sued each other over unpaid streaming rights for the show South Park. Warner Bros. Discovery reportedly owes Paramount $52 million for streaming rights to South Park. Warner Bros. Discovery has reportedly refused to pay Paramount because it feels the contract was violated by Paramount+ releasing some South…
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Paramount Is In Talks to Sell BET, BET+, & VH1 But There Maybe Issues…
Towards the beginning of this year, Paramount Global put Black Entertainment Television (BET) up for auction and the leading bidder doesn’t seem willing to spend the $3 billion price. Tyler Perry has long been considered the eventual winner of the bidding war but currently, sources report he’s hesitant to go through with the purchase. Buying…
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Paramount’s CEO Wants Streaming to Be The Companies Main Focus
Today during the Stream TV Show, Amy Kuessner, who is Executive Vice President, Content Strategy & Global Partnerships at Paramount Streaming opened up about Paramount’s streaming plans in the world of cord cutting. During the panel on the Future of Content Partnerships, when talking about Pluto TV’s ability to get content from other parts of…
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Paramount Confirms That CBS is Looking at Selling Its New York City Studio & Headquarters as Cord Cutting Grows
Last week the New York Post reported that CBS’s parent company Paramount is looking at selling its iconic West 57th Street studio and headquarters in New York City to help cut costs. Now according to the New York Post, they have received a copy of an internal memo that confirms that CBS is looking to…
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CBS Studios Senior EVP Of Production Departs After 25 Years
CBS Studio’s Senior Executive Vice President of Production Kevin Berg is departing after a quarter of a century with the company. CBS Studios is undergoing restructuring measures with Paramount TV Studios, which began last October, consolidating operations across both studios. “Kevin’s monumental contributions to CBS’ success are far-reaching and will be felt for years to…
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Paramount is Laying Off Staff At Its Local CBS Stations
Earlier this year, we learned that Paramount would be laying off 25% of its staff at its cable networks. Now it has announced cuts to its local owned and operated CBS Stations. According to an email obtained by FTVLive, CBS has announced that employees at local CBS stations related to gits Creative Services department. This…
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CBS is Reportedly Looking at Selling Its New York City Studio & Headquarters as Cord Cutting Grows
Cord cutting and the decline in advertising have cut into profits recently, forcing many TV companies to look for ways to save money. Now it is being reported by the New York Post that CBS’s parent company Paramount is looking at selling its iconic West 57th Street studio and headquarters in New York City to…
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Paramount is Streaming “Star Trek: Strange New Worlds” For Free on YouTube
Are you a budget-minded Trekkie looking for a free way to binge Star Trek: Strange New Worlds? Bounce over to YouTube to watch the entire first season of the series, completely for free on the Paramount+ channel. To celebrate the upcoming second season of Star Trek: Strange New Worlds, Paramount has uploaded the first season…