Discovery, Warner Bros. and Paramount Skydance
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Paramount Skydance said first-quarter profit rose despite shortfalls in the company’s largest business –traditional TV — as revenue dips from cable and broadcast were offset by growth in movie and TV production as well as subscriptions to Paramount+.
Five Paramount+ subscribers have filed a federal antitrust lawsuit seeking to block Paramount Skydance’s $110 billion acquisition of Warner Bros. Discovery and unwind Skydance’s earlier takeover of Paramount. The plaintiffs argue the mergers reduce ...
The NFL is negotiating a new media rights deal with Paramount that would give CBS the right to carry its Sunday package of NFL games through the 2033-34 season without an opt-out clause. After a deal with CBS is done, the NFL plans to next negotiate with ...
CBS stations nationwide would be dropped from YouTube TV if the two sides can’t reach a new deal before the existing pact expires at 11 p.m. ET on Feb. 13. In addition, 10 other local stations that are part of the CBS News and Stations division could go ...