Tag: Paramount

A consortium of investors led by Edgar Bronfman Jr. has dropped its acquisition bid for Paramount Global.

Paramount Global is considering an acquisition proposal from a consortium of investors led by Edgar Bronfman, Jr., extending the "go shop" period it announced after sealing a merger agreement with Skydance.

Paramount+ and CANAL+ Group have built out their partnership in France to encompass streaming, linear channels and the exclusive acquisition of content.

Revenues at Paramount Global fell by 11 percent in the second quarter to $6.8 billion, with the company reporting a net loss of $5.9 billion after taking an impairment charge on the value of its cable networks.

Cineflix Rights has closed a raft of deals with numerous U.K. broadcasters and streamers for scripted and factual content, including the crime drama Girl in the Video and the true-crime series Spring Break Murders.

CBS Sports has secured an extensive deal for English Football League (EFL) rights, landing at least 250 matches per season across the Championship, League One, League Two, Carabao Cup and Bristol Street Motors Trophy.

Paramount+ has given a series order for Crutch, a half-hour comedy starring Tracy Morgan that will be set in the world of CBS’s The Neighborhood.

Amid leadership changes with the exit of Bob Bakish, Paramount Global reported an improved Q1 with a 6 percent boost in revenues to $7.7 billion, driven by streaming and advertising gains.

Live sports is proving to be increasingly valuable to U.S. streaming platforms.

Sony Pictures Television (SPT) has entered a multiplatform licensing agreement with Paramount Global for The King of Queens, which includes streaming rights for the title on Paramount+ and Pluto TV.