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The Latest Breaking News from ViacomCBS

Archegos speculator Bill Hwang could spend the rest of his life behind bars after his disastrous bets ushered in the demise of Credit Suisse

Federal jury finds Hwang lied to lenders over the size and scope of his bets on stocks like ViacomCBS in order to juice returns, causing $10 billion in combined losses.

Fortune

Archegos Founder Bill Hwang Guilty In Multibillion-dollar Fraud Case

The founder of US investment firm Archegos, Bill Hwang, was found guilty Wednesday of fraud and market manipulation in a case focused on the fund's 2021 implosion that cost major banks billions of dollars.

International Business Times

14 boutique streamers to try if your current subscriptions aren't to your taste

There is only one thing that distinguishes a boutique streaming service from all the others: the audience. Boutique streamers target those with specific interests or affiliations. For some it's cultural (BritBox, BET+), for others educational (Curiosity Stream, MagellanTV). The niche can be the medium (Crunchyroll), the genre (Shudder) or even…

Los Angeles Times

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Credit Suisse Surrenders

The former European banking flagship will be bought for the modest sum of $3 billion by its eternal rival and compatriot UBS.

The Street

Credit Suisse's Days Are Numbered

The Swiss government reportedly urged UBS to buy Credit Suisse, to end the crisis of confidence around its rival.

The Street

Credit Suisse Takes Another Big Hit

Swiss regulator FINMA says the bank "seriously breached" the law in the 2021 Greensill scandal.

The Street

Historic movie lot that gave Studio City its name to get $1 billion makeover

LOS ANGELES — Radford Studio Center, a storied movie lot in Studio City that has been home to generations of landmark television shows — including "Gunsmoke" and "Seinfeld" — is set to get a $1 billion upgrade to expand its facilities and bring them further into the digital age.

Los Angeles Times

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All Creatures Great and Small star says show 'completely changed her life'

Carol Drinkwater played a vet's wife in All Creatures Great and Small, which celebrates its 45th anniversary on Sunday, and Carol celebrates its success

Daily Mirror

Judge blocks Penguin Random House takeover of Simon & Schuster

A federal judge has blocked Penguin Random House’s attempt to swallow its smaller rival, Simon & Schuster, dealing a blow to the world’s largest book publisher’s attempt to become an even bigger giant.

Los Angeles Times

Struggling Credit Suisse Gets Another Chance

The Swiss bank on Oct. 27 is expected to present its plan to restructure and put its scandals behind it.

The Street

Credit Suisse Is in Deep Trouble

The Swiss banking giant is embroiled in a succession of financial scandals that now threaten its future.

The Street

Stephen King testified against publishing’s biggest merger. What you need to know about the antitrust trial

The biggest antitrust trial to hit the publishing industry in recent memory kicked off this week, and today the King of horror had his day in court.

Los Angeles Times

Explaining Hollywood: How to get a job as a TV director

LOS ANGELES — When Ava DuVernay launched "Queen Sugar" on the OWN Network in 2016, she hired only women as directors — a practice she's continued through six seasons of the Louisiana-set family drama.

Los Angeles Times

Fund Managers Arrested As $20B Implosion Spreads

The two managed the fund before it collapsed in March 2019 in a $20 billion fallout in the swaps market

The Street

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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.

The Street

Can ViacomCBS' Paramount+ Become a Rival to Nextflix and Disney+?

Or did ViacomCBS miss the window to use some of its biggest hits?

Benzinga

ViacomCBS Shifts Focus To Streaming: Does The Stock Offer More Upside Than Netflix?

ViacomCBS Inc (NASDAQ: VIAC) shares are plummeting after the company reported weak earnings results, despite better-than-expected revenue and solid streaming numbers.

Benzinga

ViacomCBS Takes A Hit After Earnings: Chart Shows Road To Recovery

ViacomCBS Inc. (NASDAQ: VIAC) shares are trading lower Wednesday after the company reported fourth-quarter adjusted EPS results were down year-over-year.

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Benzinga

ViacomCBS Whale Trades For February 16

Someone with a lot of money to spend has taken a bullish stance on ViacomCBS (NASDAQ:VIAC). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

ViacomCBS Rebrands As Paramount: What You Need To Know

ViacomCBS (NASDAQ: VIAC) has rebranded itself as Paramount Global, effective Feb. 17, and will be traded under the new ticker symbols “PARAA” for Class A shares and “PARA” for Class B shares.

Benzinga

BofA Downgrades ViacomCBS After Streaming Investments: What Investors Need To Know

Although ViacomCBS Inc (NASDAQ: VIAC) remains an attractive target amid industry consolidation, a sale of the company is unlikely in the near term given its streaming aspirations, according to BofA Securities.

Benzinga

ViacomCBS's Return On Capital Employed Insights

According to Benzinga Pro, during Q4, ViacomCBS (NASDAQ:VIAC) earned $2.11 billion, a 282.58% increase from the preceding quarter. ViacomCBS also posted a total of $8.00 billion in sales, a 21.03% increase since Q3.

Benzinga

Expert Ratings For ViacomCBS

Within the last quarter, ViacomCBS (NASDAQ:VIAC) has observed the following analyst ratings:

The Street

Nvidia, Viacom/Paramount, Airbnb, Retail Sales and Stock Markets - Five Things You Must Know

Stock futures edge lower as rate focus overtakes Russia-Ukraine concern; Car market set to boost January retail sales amid inflation headwind; ViacomCBS shares tumble after Q4 earnings miss, Paramount name change; Nvidia Q4 earnings in focus following Arm deal collapse and Airbnb shares jump as travel, hybrid work boost lifts…

Los Angeles Times

ViacomCBS renamed Paramount in a nod to its past and streaming future

ViacomCBS has renamed itself Paramount in a nod to the company's historic moviemaking past — and its streaming future.

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