Paramount Global
'Anyone But You' could spark a rom-com renaissance in Hollywood
Glen Powell and Sydney Sweeney star in Sony’s “Anyone But You.” Sony Released just before the crowded Christmas movie season, Sony’s “Anyone But You” seemed destined to be anything but a box-office hit — especially after it tallied just $6 million in ticket sales during its opening weekend. However, the film’s box-office success was as […]
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Paramount Global lays off about 800 employees, a day after announcing record Super Bowl ratings
Paramount executive Bob Bakish attends the 2022 MTV Europe Music Awards (EMAs) at the PSD Bank Dome in Duesseldorf, Germany, November 13, 2022. Thilo Schmuelgen | Reuters Paramount Global is laying off hundreds of employees, just one day after the company announced CBS had record Super Bowl viewership, Chief Executive Officer Bob Bakish said Tuesday […]
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Tremendous Bowl LVIII was most-watched tv display ever with 123 million viewers
Kansas Town Chiefs’ Patrick Mahomes celebrates with the Vince Lombardi Trophy following winning Super Bowl LVIII. Brian Snyder | Reuters Super Bowl LVIII was the most-viewed tv exhibit in history, as an estimated 123.4 million people watched the Kansas Metropolis Chiefs rally in overtime to defeat the San Francisco 49ers. CBS Athletics mentioned that determine […]
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Temu returns to Super Bowl ad slate as lawmaker ire swells
Jakub Porzycki | Nurphoto | Getty Images Temu, the controversial Chinese e-commerce giant looking to take on Amazon, is returning to the big game on Sunday with a Super Bowl ad that lawmakers are calling on Paramount Global and CBS not to run. The company, owned by PDD Holdings, skyrocketed to prominence last year after […]
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Wall Street is overreacting to new sports joint venture, says EW Scripps CEO
EW Scripps CEO Adam Symson Source: EW Scripps Local TV station owners including Sinclair, TEGNA and EW Scripps all saw their valuations plummet this week after Disney, Warner Bros. Discovery and Fox announced a new sports joint venture set to launch this fall. Sinclair dropped 12% Wednesday, TEGNA fell 7.2% and Scripps plummeted 24% as […]
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Stocks creating the biggest moves midday: Roblox, Enphase Power, Snap, Alibaba and much more
Verify out the firms producing the largest moves midday. Roblox — The movie recreation inventory soared 10% after the corporation posted a reduction of 52 cents per share, considerably less than the 55 cent for every share decline predicted from analysts polled by LSEG. Income, or bookings, also defeat anticipations, coming in at $1.13 billion […]
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Taylor Swift will make Grammys history with fourth album of calendar year earn
Taylor Swift accepts the Finest Pop Vocal Album award for “Midnights” onstage through the 66th GRAMMY Awards at Crypto.com Arena on February 04, 2024 in Los Angeles, California. Kevin Mazur | Getty Photos Pop celebrity Taylor Swift established one more record on Sunday, successful the Grammy award for album of the yr for an unparalleled […]
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Why Shari Redstone is trying to sell Paramount — and why she needs the right deal
Shari Redstone, president of National Amusements, speaks at the WSJ Tech Live conference in Laguna Beach, California, on Oct. 21, 2019. Mike Blake | Reuters Paramount Global nonexecutive chair and controlling shareholder Shari Redstone has been talking to potential buyers interested in acquiring her media company — or parts of it for years — but […]
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Wall Street is watching for a $10 billion domestic box office in 2026. Disney could get it there
LOS ANGELES — A push toward streaming, a pandemic and two Hollywood labor strikes have upended the theatrical industry, dragging on annual box-office hauls. While 2024 and 2025 boast franchise-rich movie slates, Wall Street doesn’t expect ticket sales to top $10 billion domestically until 2026. The domestic box office has not hit that benchmark since […]
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Byron Allen, offering $14 billion for Paramount, has a long history of media bids that haven't materialized
Byron Allen, founder, chairman and CEO of the Allen Media Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Patrick T. Fallon | AFP | Getty Images Byron Allen, the media mogul offering $14 billion for Paramount Global, told CNBC on Wednesday that he has the money to […]
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