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The Latest Breaking News from Paramount Global

Paramount decides it won't sell majority stake in BET Media Group, source tells AP

BET won’t be sold after all: Paramount Global decided against selling the majority stake of the network

The Independent UK

Matt Naber And Robert Breen Named Co-Heads Of Advertising Sales At CBS Stations

They will be responsible for leading local ad revenue, sales strategies and operations across CBS’ 27 local stations, as well as Paramount’s local digital and streaming revenue

TV Tech

11 S&P 500 Stocks Completely Crushed This Earnings Season

When it comes to corporate earnings, good isn't good enough. What matters is making more than expected — some S&P 500 just pulled it off.

Investors Business Daily

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Paramount sells Simon & Schuster to private investment firm

Paramount Global has sold Simon & Schuster to the private equity firm KKR. The deal comes nearly a year after the Department of Justice blocked Penguin Random House from acquiring Simon & Schuster.

WEKU

Investors Bet That These 10 Major Stocks Are Due For A Nasty Fall

If you're like most S&P 500 investors, you're celebrating your nearly 18% gains this year. But doubters are betting it's too good to last.

Investors Business Daily

Looks Like Zoe Saldana And Nicole Kidman's Special Ops: Lioness Is Another Huge Hit For Yellowstone's Taylor Sheridan

Add Special Ops: Lioness to Taylor Sheridan's list of hit TV shows!

Cinemablend

S&P 500: Entertainment Giants, AI Play Lead Monday's 5 Best; Medtech Firms Sicken

Paramount and Disney, along with AI play Adobe, led the S&P 500. Dexcom and several medical products firms struggled.

Investors Business Daily

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Peacock To Raise Prices For First Time, Citing Subscriber Growth

NBCUniversal's streaming platform to increase monthly fees as it reaches 22 million subscribers.

Zenger

IBC Unveils Headline Speakers, Content Pillars for 2023 Show

Executives from Warner Bros. Discovery, Paramount Global, Sony Pictures Entertainment, BBC Studios Productions, and other leading organizations to take the stage at IBC Conference

TV Tech

Paramount Needs to Be Sold, But Outcome Not Likely

Paramount Global continues to face headwinds as the entertainment company focuses on streaming.

The Street

Freeze Frame | Next TV Summit Los Angeles 2023

Photos from the L.A. TV Week streaming-focused conference held June 20

Multichannel News

Tyler Perry Closes Deal To Purchase BET And VH1 From Paramount Global

Media giant Paramount has been exploring the sale of BET Media Group, which includes the cable networks BET and VH1.

Zenger

Stocks End Higher as a Jump in Jobless Claims Knocks Bond Yields Lower

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.62%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.50%, and the Nasdaq 100 Index ($IU XX) (QQQ ) closed up +1.27%. Stock indexes Thursday posted moderate gains, with the Dow...

Barchart

Stocks Push Higher as Bond Yields Fall After U.S. Jobless Claims Jump

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.64%. U.S. stocks this morning are moderately higher. Strength in...

Barchart

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Barchart

Mega-Cap Tech Stocks Fall on Higher Bond Yields

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.38%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.27%, and the Nasdaq 100 Index ($IU XX) (QQQ ) closed down -1.75%. Stock indexes Wednesday settled mixed. A jump in bond...

Barchart

Stocks Settle Mixed as Euphoria Over Debt-Ceiling Agreement Fades

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday was unchanged, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.15%, and the Nasdaq 100 Index ($IU XX) (QQQ ) closed up +0.40%. Stock indexes Tuesday settled mixed, with the Nasdaq 100 posting...

Multichannel News

Upfront Preview: Economy, Streaming, Measurement Make This Year’s Market Unique

Sports and unscripted play bigger role

Zenger

Paramount Global Shuts Down MTV News After 36 Years Of Broadcasting

MTV News viewership was defined by a Gen X and Millennials where the quality of journalism had progressed.

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Daily Record

MTV News shut down after 36 years on air amid major staff lay-offs

MTV News is set to shut down after 36 years on air as the channel's parent company, Paramount Global, has announced its plans to layoff 25 per cent of its work force due to financial pressures.

The Street

Paramount Cuts Kill a Beloved 80s Programming Institution

The news and entertainment stalwart is the latest victim of layoffs and cost-cuts.

WEKU

MTV News shut down as Paramount Global cuts 25% of its staff

Paramount Global, the parent company of networks including Showtime, CBS and Nickelodeon is cutting some 25% of its staff. Among the units being shutdown as a result of the downsizing is MTV News.

Broadcasting & Cable

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

Barchart

Bad News All Around Makes Paramount Global’s Unusually Active Options an Intriguing Bet

Paramount Global’s earnings report Thursday was so bad; even Warren Buffett probably sold his stock. Down 28% on the day, it’s not surprising PARA options were unusually active.

Broadcasting & Cable

All 8 CBS-Owned The CW Affiliates Are Going Independent

Stations in Philly, Atlanta, San Francisco, other major markets make break from network

Broadcasting & Cable

Photo Gallery: 31st Annual B+C Hall of Fame

Happenings from on stage and behind the scenes at New York gala

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