Latest in paramount global

Paramount Global is pushing ahead with asset sales and bankers are in the house as it sets out to streamline and raise cash to pay down debt. Its three co-CEOs confirmed as much Tuesday at a company town hall with staff. Lots of things are being explored. Deadline hears there's early chatter about…

After rejecting Skydance’s offer to merge two weeks ago, Paramount Global new co-CEO troika of Brian Robbins, George Cheeks and Chris McCarthy told a packed company town hall of 500 at the studio’s Melrose Lot Paramount Theater what progress has been made since the annual shareholders meeting three weeks…

Paramount Global said Monday that it will increase prices for its Paramount+ tiers with and without Showtime to take effect August 20, although the essential plan hike will only impact new subscribers. The company said the Paramount+ with Showtime plan will increase by $1 to $12.99 per month for both…

In the latest executive shuffle at Paramount Global, home entertainment chief Bob Buchi is exiting and will be replaced by Amazon MGM digital distribution exec Andres Alvarez. Craig White, EVP, Worldwide Sales & Distribution for Home Entertainment, is also departing the company. Chief Content…

Paramount Global’s unorthodox Office of the CEO, which started as a presumed placeholder, is turning into a longer-term fixture poised to once again reshape the tempest-tossed company. Consisting of three top Paramount execs – George Cheeks, Chris McCarthy and Brian Robbins – the Office replaced Bob…

Paramount Global General Counsel Christa D’Alimonte has told colleagues she will be exiting the company at the end of the month. In an internal memo (read it below), D’Alimonte recalled her 25-year association with Viacom, first as a legal representative of the company and later as a…

Share of Paramount Global hit a milestone today, and not a good one. The stock price fell below $10 intraday, changing hands at $9.91 just now, down 2% from Friday. It’s never dipped below ten bucks since Viacom and CBS merged in December of 2019, making this an all-time low after David Ellison’s…

The implosion of talks between David Ellison's Skydance and Shari Redstone has cast a pall on the town. Beyond Paramount Global's share price inching down to below $10 a share, enthusiasm does not seem high over the rival bidders or Redstone relying on a troika of George Cheeks, Chris McCarthy and Brian…

Sumner Redstone earned renown as both dealmaker and deal breaker (he once said he'd fired Tom Cruise). His daughter, Shari, seems to have inherited only part of his skill set. Flash back 50 years: The Beverly Hills dinner party was lavish. The mood among the Hollywood power players was upbeat. Gossip…

Paramount Global co-CEOs George Cheeks, Brian Robbins and Chris McCarthy thanked staff in a memo today, obtained by Deadline, for tough months rocked by Skydance merger speculation. With that deal a no go, they said, they have plan, one mostly laid out at last week’s annual shareholders meeting, to take…

SkyShowtime CEO Monty Sarhan talked about bringing Yellowstone to its European subscribers and plans to bolster the streaming service’s U.S. franchises with up to ten local originals in 2024, in a keynote at NEM Duvbrovnik. A joint-venture between Paramount and Comcast, SkyShowtime is in over 20…

This just in tonight from Skydance Boss David Ellison as Paramount Global controlling shareholder Shari Redstone says “No” to Skydance’s offer to buy National Amusements. The Top Gun: Maverick and Geostorm producer has acknowledged to staff that Skydance’s bid to merge with Paramount has ended…