Paramount Global
Paramount+ to increase prices for its streaming plans
Paramount Global is hiking the price of its flagship streaming service as the company looks to turn around its business. The company said Monday it will raise the price of the Paramount+ with Showtime plan by $1 to $12.99 a month, and the price of its Paramount+ Essential option will increase by $2 to $7.99 […]
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Family films led by ‘Inside Out 2’ could reignite the box office
Amy Poehler and Maya Hawke voice Joy and Anxiety, respectively, in Disney and Pixar’s “Inside Out 2.” Disney | Pixar A big piece has been missing from the box office — family films. A handful of kid-friendly hits — Universal’s “Super Mario Bros.” chief among them — have boosted ticket sales. But many family features […]
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Netflix hunts for a production partner for its Christmas NFL games
Brock Purdy #13 of the San Francisco 49ers prepares to take a snap in the first quarter against the Kansas City Chiefs0 during Super Bowl LVIII at Allegiant Stadium on February 11, 2024 in Las Vegas, Nevada. Michael Reaves | Getty Images Netflix is trying to get ready for some football. The streaming giant has […]
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Stocks making the biggest moves midday: Broadcom, Signet, Dave & Buster’s and more
Check out the companies making headlines in midday trading. Broadcom – Shares of the chipmaker surged around 12% after the company beat earnings and revenue estimates for the fiscal second quarter and announced a 10-for-1 stock split. Adjusted earnings per share came in at $10.96 and revenue was $12.49 billion. Analysts polled by LSEG expected […]
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Here’s what’s next for Paramount after Skydance deal is stopped in its tracks
A view of Paramount Studios’s water tank as SAG-AFTRA members walk the picket line outside during their ongoing strike, in Los Angeles, California, U.S., September 26, 2023. Mario Anzuoni | Reuters National Amusements stopped merger discussions between Paramount Global and Skydance this week — throwing into question what’s next for the legacy media giant during […]
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Jim Cramer says the best is yet to come at Oracle — plus, his thoughts on 4 more stocks
Jim Cramer’s daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Oracle : The tech giant had a mixed quarter. But it announced new artificial intelligence partnerships with Alphabet ‘s Google and Microsoft -backed OpenAI. Oracle also reported strong RPO, short for remaining performance obligation. RPO is what contracted […]
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Shares creating the largest premarket moves: Oracle, Paramount, Birkenstock, Rentokil Original and more
Test out the organizations producing the major moves in premarket buying and selling: Oracle — The cloud services business superior nearly 8% soon after saying offers with Google and OpenAI. Oracle programs to make its databases offered to Google Cloud starting in November, and also planned to partner with Microsoft and OpenAI for supplemental computing […]
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National Amusements stops discussions with Skydance on Paramount deal, sources say
National Amusements has stopped talks with Skydance on a proposed merger with Paramount Global, CNBC’s David Faber reported Tuesday. National Amusements, which is owned by Shari Redstone, the controlling shareholder of Paramount, had previously agreed to terms of a merger with a consortium that includes David Ellison’s Skydance, and private equity firms RedBird Capital and […]
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Stocks generating the most significant moves just after several hours: Oracle, Rentokil, Rubrik and much more
Verify out the providers making headlines in immediately after-several hours investing. Oracle — The tech company’s shares jumped virtually 9% just after it introduced cloud offers with Google and OpenAI, regardless of putting up a overlook on fiscal fourth-quarter benefits. Oracle posted altered earnings of $1.63 per share on income of $14.29 billion, while analysts […]
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Paramount leadership team outlines job cuts, streaming JV plans at annual meeting
A view of Paramount Studios’s water tank as SAG-AFTRA members walk the picket line outside during their ongoing strike, in Los Angeles, California, U.S., September 26, 2023. Mario Anzuoni | Reuters The current leadership of Paramount Global presented a go-forward plan at the company’s annual shareholder meeting Tuesday in the event a sale of the […]
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