Paramount
Netflix and Warner Bros join Disney and Paramount in calling out ByteDance’s latest AI platform
After a fake video of Tom Cruise and Brad Pitt fighting went viral, a surge of AI-generated content from Seedance 2.0 flooded the internet.Some fans were using the new...
Paramount beats estimates as streaming results pick up
[NEW YORK] Paramount Global, the parent of CBS and MTV, reported first-quarter results that beat analysts’ estimates, reflecting the improving performance of its Paramount+ streaming platform. Revenue totalled US$7.19...
Amazon Beats Disney, Paramount, and Netflix in $40M Bid for Melania Trump Documentary Deal
Amazon has reportedly acquired the rights to a documentary about Melania Trump, directed by Brett Ratner, for an impressive $40 million. This documentary, featuring a behind-the-scenes look at the...
Paramount gave up on Warner Bros merger after months of talks
PARAMOUNT Global talked to Warner Bros Discovery about a merger for months before giving up when no concrete offer was received, a regulatory filing shows.The document filed on Monday...
Paramount cuts more jobs as part of planned reductions
PARAMOUNT Global cut more jobs on Tuesday (Sep 24) as part of a previously announced plan to reduce its US workforce by 15 per cent, or about 2,000 positions....
Skydance set to seal Paramount merger after Bronfman drops out
PRODUCER David Ellison’s Skydance Media is set to become the new owner of Paramount Global after Seagram heir Edgar Bronfman Jr dropped out, ending one of the industry’s most...
Paramount explores sale of 12 local TV stations
PARAMOUNT Global is moving ahead with asset disposals to raise cash, sources familiar with the matter said, amid the ongoing takeover saga involving the media company.The CBS parent has...
Edgar Bronfman’s Paramount plans include partnership with big tech
EDGAR Bronfman Jr’s plans for Paramount Global include partnering with a technology stalwart such as Amazon.com or Apple to improve its streaming-TV business, according to people familiar with his...