Paramount Global
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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To stream or not to stream: Hollywood studios could send more films to the big screen as Wall Street pushes for profits
Bebe Wood, Renee Rapp and Avantika Vandanapu star as The Plastics in the 2024 adaptation of “Mean Girls.” Paramount Paramount is making a habit of greenlighting low- to mid-budget films for its streaming service, only to about-face and send them to theaters first. As the media company and its rivals try to claw their way […]
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Saturday morning cartoons, streaming anytime: Why kids content is vital to subscriber growth
Tinky-Winky, Laa-Laa, Dipsy and Po pose for a photo as the Teletubbies celebrate their 25th anniversary with the Lighting of the Iconic Empire State Building on April 26, 2022 in New York City. John Lamparski | Getty Images Entertainment | Getty Images “Tinky Winky. Dipsy. Laa-Laa. Po!” Those four names, the iconic sing-song intro to […]
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