Paramount Global
TikTok’s ad business is growing around live sports as platform faces possible U.S. ban
The TikTok application for download in the Apple App store on a smartphone arranged in the Brooklyn borough of New York, US, on Thursday, March 9, 2023. The US is moving closer to restricting access to the popular video-sharing app TikTok, with Senate Intelligence Committee Chairman Mark Warner set to unveil a bill Tuesday that the Biden […]
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Movie theater stocks pop after report says Apple plans to spend $1B a year on releases
Moviegoers line up at the AMC Loews Lincoln Square box office on March 05, 2021 in New York City. Michael Loccisano | Getty Images Cinema stocks jumped Thursday after a report said Apple plans to spend $1 billion a year on theatrical film releases. The investment is part of the tech company’s efforts to raise […]
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A lot of money is on the line for women’s pro soccer in the U.S.
OL Reign forward Sofia Huerta (11) and Portland Thorns FC forward Sophia Smith (9) battle for the ball during a NWSL match between the Portland Thorns and the OL Reign on March 18, 2022 at Lumen Field in Seattle, WA. Jeff Halstead | Icon Sportswire | Getty Images The National Women’s Soccer League’s eleventh season […]
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Paramount Global considers selling majority stake of BET Media Group, sources say
Shari Redstone, chairwoman of ViacomCBS and president of National Amusements, and Bob Bakish, President and CEO of ViacomCBS, celebrate their company’s merger at the Nasdaq MarketSite in New York, December 5, 2019. Brendan McDermid | Reuters Paramount Global is considering selling a majority stake of BET Media Group, the owner of the BET cable network […]
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ESPN wants to be the hub of all live sports streaming — even if it helps its competition
ESPN Mike Windle | ESPN | Getty Images Disney‘s ESPN wants to be the hub for all live sports streaming — even for its competition. The sports network has held conversations with major sports leagues and media partners about launching a feature on ESPN.com and its free ESPN app that will link users directly to […]
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Warren Buffett’s fairness portfolio is targeted on just 5 shares. Here’s what they are
Warren Buffett’s Berkshire Hathaway revealed that 75% of its equity portfolio was concentrated in just five names. Here’s a seem at these massive bets from the legendary trader. The “Oracle of Omaha” kept his top rated five holdings unchanged past quarter as the inventory industry seasoned heightened volatility amid increasing premiums and recession fears. Berkshire […]
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Warner Bros. Discovery sues Paramount over ‘South Park’ streaming rights
Stan Marsh, Kyle Broflovski, Eric Cartman and Kenny McCormick attend The Paley Center for Media presents special retrospective event honoring 20 seasons of ‘South Park’ at The Paley Center for Media on September 1, 2016 in Beverly Hills, California. Tibrina Hobson | Getty Images Warner Bros. Discovery sued Paramount Global looking to enforce the streaming […]
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Warner Bros Discovery revenue misses as media giant posts big loss
Pedestrians walk past a street commercial advertisement billboard from Warner Bros and DC comics character, The Batman, movie in Madrid. Miguel Candela | SOPA Images | Lightrocket | Getty Images Warner Bros. Discovery said it recorded about $11.1 billion in fourth quarter revenue, missing analysts’ estimates, as the media industry contends with a soft advertising […]
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Paramount+ plans price increases as it hits 56 million subscribers
Paramount Global said it saw its streaming business grow during the fourth quarter, and announced plans to increase prices for Paramount+ this year. Despite adding more streaming customers, Paramount reported its fourth-quarter revenue declined 7%, compared with last year, to roughly $5.9 billion as the weak advertising market weighed on the company. Paramount’s stock was […]
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Stocks making the biggest premarket moves: Shake Shack, Virgin Galactic, Paramount and more
In this article SAM CSCO TRIP HAS SHAK SPCE Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images Check out the companies making the biggest moves premarket: Shake Shack — Shares of the quick-service restaurant chain rose slightly after reporting a narrower loss than expected and same-store sales rose 5% year […]
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