Paramount Global’s board of directors Sunday approved a merger with Skydance Media, endorsing a deal that would combine one of Hollywood’s oldest studios with the up-and-coming production company, a source close to the deal told Reuters. A final agreement could be announced as soon as Sunday night. The vote comes on the heels of a … Read more
Queen made some incredible music videos over the decades, but did you know that two of them were deemed so controversial that they were banned from airing on MTV? In 1982, the band’s Body Language video – which was released 42 years ago this week – became the first ever to be censored from the … Read more
Paramount Global has entered exclusive talks with Skydance on a potential merger instead of a proposed $26 billion takeover offer from Apollo, US media reported Wednesday night. The negotiations mean entertainment giant Paramount will not speak with Apollo or other prospective acquirers for 30 days, while it aims for a transaction to be bought by … Read more
Paramount is anticipating being profitable on streaming by the end of 2025, company leadership told investors Wednesday. As part of a report to investors on fourth-quarter earnings from last year, the company said it had reached 67.5 million subscribers on Paramount+ after netting 4.1 million in the fourth quarter of 2023. Subscription revenue grew 43 … Read more
