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The Latest Breaking News from Bob Bakish

Is the Superhero Movie Craze Finally, Mercifully, Sunsetting?

In our latest Next Text, we ponder what the biggest Marvel Cinematic Universe bombing ever means to the video business

Broadcasting & Cable

Is 'Yellowstone' Now a Bigger Franchise For Paramount Than 'Star Trek'?

In our latest 'Next Text,' we ponder the value of the California-loathing uber-producer Taylor Sheridan in the era of Bob Bakish's 'hard bundle'

Broadcasting & Cable

Paramount Plus Is No Disney Plus When It Comes to ‘Hard’ Pay TV Bundling, Analyst Says

With redundancies like local CBS stations and their NFL rights included in the Paramount Plus app, MoffettNathanson analyst says, ‘We remain skeptical the company will be able to get true wholesale incremental value’

Broadcasting & Cable

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Paramount+ Subs Top 63M

Paramount+ added 2.7M net subs in Q3, 2023 as streaming losses narrowed

TV Tech

Paramount Looking at Charter-Disney-Like Pay TV Streaming Bundles, as DTC Revenues Surge and Losses Ebb in Q3

DTC revenue was up 38% in the quarter as Paramount Plus added 2.7 million subscribers to reach scale of 63 million

Broadcasting & Cable

Paramount+ Subs Hit 61M in Q2 2023

Streaming losses dropped as Paramount+ and Pluto TV increased global viewing hours 35% YoY and DTC advertising revenue increased 21%

TV Tech

Paramount Trims Streaming Losses in Q2, Adds 700K Par Plus Customers

Direct-to-consumer revenues spike 40% and stock surges in after-hours trading

Broadcasting & Cable

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Paramount Pleased As It Concludes Round of Smaller Upfront Dinners

‘We’re not going back to the old way of doing things,’ says ad sales head John Halley

Broadcasting & Cable

Paramount Takes Its Lumps From Wall Street Analysts

Stock falls amid lower dividend, questions about streaming strategy

Broadcasting & Cable

Paramount Global Stock Plunges After Reporting $1.1 Billion Q1 Loss

Paramount Plus streaming service adds 4.1 million subscribers

Broadcasting & Cable

Paramount CEO Bob Bakish’s Compensation Jumps To $32 Million

Dawn Ostroff Added to Paramount’s board

Broadcasting & Cable

Failed Attempt By Former Paramount Executives To Purchase Showtime Amid Fold Into Paramount+

Former Showtime Executives Have Failed Numerously After Offers For Showtime Were Rejected By Paramount Global

Zenger

Paramount Plus Adds Over 9 Million Subscribers Driven By The Most Prominent Content

The streaming market continues to be competitive as Paramount Plus competes with the big streaming platforms with quality content.

Zenger

Layoffs hit Showtime as Paramount overhauls 'Billions' brand

LOS ANGELES — Paramount Global continues to unwind its once-proud Showtime brand.

Los Angeles Times

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The Street

Showtime to Be Renamed After Being Combined With Popular Streaming Platform

Paramount Global combines two streaming services and announces cancellations.

Tribune News Service

Taylor Sheridan explains why ‘1883′ didn’t get a second season and what happened next

When Taylor Sheridan’s "1883" was heading for a second season, a problem arose. Many of the main characters were dead.

Benzinga

Are All Streaming Services Losing Money? Netflix Seems To Think So

The battle between media companies with streaming platforms continues to heat up in an all out price war and competition for time spent by consumers.

Bangkok Post

Ad Slowdown Spreads Beyond Tech to TV Networks, Publishers

U.S. television networks and news publishers are feeling the effects of a slowdown in the advertising market, the latest indication that an ad-spending retrenchment previously flagged by giant technology companies is spreading.

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The Street

Paramount Isn't Flinching as Netflix Enters Battle for Advertising Dollars

Netflix is in the planning stages of an ad-supported tier, but Paramount+ already has a dual revenue structure that Paramount Global sees as being formidable.

The Guardian - UK

Paramount: we won’t remove content from eras with ‘different sensibilities’

Boss of media company says it would be a mistake to censor art because it may offend some people today

The Independent UK

Paramount makes Nickelodeon content free to Ukrainian refugees

Company hopes to provide ‘comfort’ to families forced out of their homes

Benzinga

Is Paramount Global Looking For A Buyer?

Paramount Global (NASDAQ: PARAA) CEO Bob Bakish has offered comments that give the impression his company, formerly known as ViacomCBS, would be open to being acquired.

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