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deadline.com

26.02.2024 / 09:11

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Paramount Global’s Lisa Kramer On New Paramount+ Branded Hub In Africa & The Changing World Of TV Distribution – London TV Screenings

EXCLUSIVE: The news when Deadline speaks to Lisa Kramer is the launch of a Paramount+ branded hub with African pay-TV giant MultiChoice. But a conversation with the President, International TV Licensing at Paramount Global Content Distribution (PGCD), offers a much wider insight into the world of TV in 2024.

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CBS News Lays Off 20 Amid Paramount Global’s Companywide Cuts; Catherine Herridge And Jeff Pegues Among Those Impacted

UPDATED: The companywide layoffs at Paramount Global on Tuesday impacted about 20 employees at CBS News, including correspondents Catherine Herridge and Jeff Pegues, several sources said.

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Paramount Layoffs Hit 20 CBS News Staffers

Brian Steinberg Senior TV Editor Approximately 20 CBS News staffers were given termination notices Tuesday as a result of broader layoffs taking place across Paramount Global. The cuts extended across CBS News operations in Washington, D.C., New York and Los Angeles, according to two people familiar with the matter, and included two of the news operation’s most prominent correspondents, Jeff Pegues and Catherine Herridge, these people said. A CBS News spokesperson did not respond immediately to a query seeking comment.

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Paramount Global Layoffs Begin; CEO Bob Bakish Tells 800 Departing Employees, “Your Talents Have Helped Us Advance Our Mission”

Paramount Global has begun a planned round of layoffs, telling U.S.-based employees that those affected by the cutbacks will be notified by the end of Tuesday.

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Paramount Global Laying Off 800 Employees as CEO Bakish Cites Need to Cut Costs

Todd Spangler NY Digital Editor Paramount Global, amid a swirl of M&A discussions, is laying off about 800 employees worldwide — an estimated 3% of its headcount — as it looks to trim costs. CEO Bob Bakish announced the layoffs in a memo Tuesday to staff that was obtained by Variety. According to the memo, U.S.

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Paramount’s Maria Kyriacou Exiting As International Originals Strategy Slimmed Down

Maria Kyriacou, Paramount Global‘s President, Broadcast & Studios, International Markets, is exiting the U.S. studio after four years, as it prepares to slim down its international originals offering.

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‘Wolf Pack’ Canceled After One Season At Paramount+

Wolf Pack, starring Sarah Michelle Gellar, will not return to Paramount+ for a second season.

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Paramount Global CEO Calls for Staffers to Focus on Business ‘Execution’ as Acquisition Speculation Swirls, Skydance Media Talks Accelerate

Brian Steinberg Senior TV Editor The CEO of Paramount Global urged staffers at the entertainment conglomerate to focus on their 2024 business goals, even as a handful of industry heavy hitters and investment firms explore a potential acquisition of the company and speculation about looming layoffs intensifies. In a memo issued to employees Thursday and reviewed by Variety, Bob Bakish acknowledged that Paramount’s future “remains a topic of speculation,” a nod to the fact that a group of investors led by Skydance founder David Ellison have engaged in talks with Paramount’s controlling shareholder, Shari Redstone.

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Layoffs Coming At Paramount Global But No Details In Bob Bakish Memo On 2024 Strategy; CEO Acknowledges M&A Speculation

Paramount Global CEO Bob Bakish said today the company will continue to reduce its global workforce “to operate as a leaner company and spend less.” But there were no further details in a memo to staff obtained by Deadline following a “Bob Live” town hall today.