Paramount Global
Judge sides with Paramount on some claims in Warner Bros. ‘South Park’ streaming lawsuit
Stan And Kyle From The Episode “Clubhouses.” Getty Images | Hulton Archive | Getty Images A judge on Tuesday sided with Paramount Global on certain claims after Warner Bros. Discovery sued earlier this year over streaming rights to long-running animated series “South Park.” New York state Supreme Court Justice Margaret Chan said that Paramount did […]
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NWSL announces media deals with CBS Sports, ESPN, Amazon worth $240 million
Carli Lloyd of NJ/NY Gotham FC battles for control against in the second half of the NWSL Match against Sydney Leroux of Orlando Pride at Red Bull Arena on August 29, 2021. Ira L. Black – Corbis | Getty Images Sport | Getty Images The National Women’s Soccer League announced a four-year contract Thursday for […]
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What is Warner Bros. Discovery’s subsequent move? David Zaslav and John Malone provide clues
David Zaslav, CEO and president of Warner Bros. Discovery (L), and John Malone, chairman of Liberty Media, Liberty International, and Qurate Retail Team. CNBC | Reuters Warner Bros. Discovery‘s future stage to obtain scale may possibly be on the lookout at distressed belongings. Chief Executive David Zaslav and board member John Malone both created opinions […]
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SAG-AFTRA actors’ union reaches tentative labor arrangement with Hollywood studios
SAG-AFTRA associates walk the picket line on the 100th working day of their ongoing strike outside Paramount Studios in Los Angeles, California, Oct 20, 2023. Mario Anzuoni | Reuters Hollywood’s actors and studios have a preliminary labor agreement. “In a unanimous vote this afternoon, the SAG-AFTRA Tv/Theatrical Committee approved a tentative arrangement with the AMPTP […]
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Warner Bros. Discovery stock sinks as ad revenue falls and Zaslav warns of ‘generational disruption’
Brazil – 2022/08/05: In this photo illustration, the Warner Bros. Discovery logo is displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Warner Bros. Discovery shares fell Wednesday after the company reported a decline in advertising revenue, a bigger-than-expected loss and lackluster streaming subscriber numbers. Here’s what the company reported for the […]
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Disney’s board is in focus as activist investor Nelson Peltz considers his next move
Nelson Peltz, founder and chief executive officer of Trian Fund Management, during the Future Investment Initiative (FII) Institute Priority Summit in Miami, Florida, on Thursday, March 30, 2023. Marco Bello | Bloomberg | Getty Images Company boards tend to want to stay out of the spotlight. Activist investor Nelson Peltz may be intent on making […]
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SAG-AFTRA says studios’ latest offer falls short of union’s AI demands
NEW YORK, NEW YORK – OCTOBER 31: Rebecca Damon joins SAG-AFTRA members on strike during Halloween on October 31, 2023 in New York City. The strike, which began on July 14, entered its 100th day on October 21st as the actors’ union and Hollywood studios and streamers failed to reach an agreement. (Photo by John […]
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Starz to lay off more than 10% of employees ahead of Lionsgate spinoff
Starz CEO Jeffrey Hirsch Source: Starz Starz, the premium network and streaming service that will soon be its own publicly traded company, is laying off more than 10% of employees and is exiting Australia and the U.K. Starz Chief Executive Officer Jeffrey Hirsch announced the news in an email to staff obtained by CNBC on […]
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Paramount Global stock jumps for second straight day
Tom Ryan, CEO and President of Paramount Streaming, speaks during the LG press conference ahead of the Consumer Electronics Show (CES) in Las Vegas, Nevada, on January 4, 2023. Patrick T. Fallon | AFP | Getty Images Paramount stock jumped about 10% Friday morning, a day after posting a double-digit gain. The media giant released […]
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Paramount stock rises after strong earnings report, adding to blockbuster day
The Paramount logo is displayed at Columbia Square along Sunset Blvd in Hollywood, California, on March 9, 2023. Patrick T. Fallon | AFP | Getty Images Paramount Global’s stock moved higher in extended trading Thursday after it reported strong revenue and subscription trends in its third-quarter earnings report. The after-hours move came on top of […]
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