The Latest Breaking News from Paramount Global

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.

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

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.

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

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

As the battle for market dominance in the streaming sector rages on, the lack of hit shows this year has put streaming companies on the back foot. So, will it be worth looking at streaming stocks Walt Disney (DIS), Paramount (PARA), and Roku (ROKU)? Read on to learn my view.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.72%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.86%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.37%. Stock indexes Thursday closed moderately lower, with the S&P...

The major market indexes closed lower Thursday as chaos in the banking industry continued.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.70%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.00%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.34%. U.S. stocks this morning are moderately lower, with the...

Paramount Plus streaming service adds 4.1 million subscribers

President, U.S. Networks Distribution, Paramount Global