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deadline.com

06.03.2024 / 16:45

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Paramount Will Be “Diligent” Exploring Alternatives, CFO Promises, As Management Focused On Turnaround

Paramount Global chief financial officer Naveen Chopra said management is chipping away at debt, cutting costs, heading towards streaming profitability and otherwise “focused on execution” but won’t ignore other opportunities to create value for shareholders.

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Planned Disney-Fox-WBD Bundle “Only Has A Subset Of Sports”, Paramount CEO Bob Bakish Says: “It’s Hard To Believe That’s Ideal”

Paramount Global CEO Bob Bakish derided a planned streaming venture backed by Disney, Fox Corp. and Warner Bros. Discovery for having “only a subset of sports.”

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Paramount+ Greenlights UK Thriller Series Set In World Where Men Live Under Strict Nightly Curfew

Paramount+ may have culled a wealth of international originals in the past couple of weeks but that hasn’t stopped it committing to a UK thriller series set in a world where men live under a strict nightly curfew.

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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.

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Skydance Media CEO David Ellison Makes Offer For Control Of Paramount Global

David Ellison’s Skydance is said to have made a preliminary offer to buy Shari Redstone’s stake in National Amusements, the family holding company that controls Paramount Global, according to a Bloomberg report.

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Paramount+ Adds Branded Hubs Via Distribution Partners In India And The Philippines; Content Licensing Deals Aim To Boost Cash Flow And Reach

With its streaming operations facing scrutiny as 2024 gets under way, Paramount Global continues to pursue a diversified approach to distributing its flagship, Paramount+.

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Comcast And Paramount Reach Carriage Renewal, Averting Blackout

Top U.S. cable operator Comcast has reached a carriage renewal with Paramount Global, averting a potential blackout of service around the New Year’s holiday.

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Warner Bros. Discovery Buys Turkish Streamer BluTV

Warner Bros. Discovery (WBD) has acquired Turkish streamer BluTV.

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International Insider: ‘Warnamount’ Shocker; Box Office Downturn; BAFTA Tweaks

Good afternoon Insiders, Max Goldbart here leading you into the Christmas break with your final dash of news and analysis of the year. It’s been a blast. Thank you to regular readers for taking time out your busy schedules to give this a good ol’ glance every week. As our counterparts across the pond like to say, we appreciate you. We’ll be back in 2024 with plenty more.

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What Would Warner Bros. Discovery-Paramount Merger Mean for Cable TV? Some Networks Would Likely Be Sold Off

Jennifer Maas TV Business Writer Mega media merger mania is once again afoot in Hollywood with very, very early talks between Warner Bros. Discovery‘s David Zaslav and Paramount Global’s Bob Bakish about a potential merger of the two companies. Analysts and industry sources have already raised a number of questions about what a WBD-Paramount combo would look like and the effect it could have on the larger TV and film landscape.

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Shares of Warner Bros. Discovery, Paramount Dip as Investors Take Stock of Potential Merger

Todd Spangler NY Digital Editor Would the combination of Warner Bros. Discovery and Paramount Global — two companies heavily tied to the declining legacy TV biz — make financial sense? Investors reacted to news of early talks between Warner Bros. Discovery and Paramount about a potential merger, which broke just prior to market close Wednesday.

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Warner Bros. Discovery and Paramount hold talks for potential merger

Warner Bros. Discovery and Paramount Global have held talks for a potential merger that would see two of the world’s biggest media companies join together, according to reports.The talks are in a “very early stage” and the merger may still not go ahead, sources close to the talks claim.Warner Bros.

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Details Regarding Bob Bakish

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Bob Bakish is a media personality featured in various news reports due to their recent activity.

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Bob Bakish: Last News

All news where Bob Bakish is mentioned

Details Regarding Bob Bakish

Who is Bob Bakish?

Why is Bob Bakish in the spotlight?

Where can I find the latest news about Bob Bakish?

Is there a full biography of Bob Bakish available?

What are the most talked-about moments involving Bob Bakish?