Paolo Nutini will take to the stage of Paisley Town Hall on Tuesday, August 6, for a very special gig in aid of two charities.
25.06.2024 - 21:13 / deadline.com
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 ago, and what the company’s path will be going forward. In sum, bankers have been hired to explore the sale of “certain Paramount owned assets” per Cheeks, while layoffs are on the horizon as the conglom looks to achieve a half billion in cost savings.
Paramount Global controlling shareholder Shari Redstone was not part of today’s town hall, we hear, which clocked about an hour with 15 to 20 minutes of Q&A.
RELATED: Peter Bart: Paramount Global’s Skydance Rejection Puts Heavy Pressure On Shari Redstone To Sort Shaky Future
The Town Hall was originally scheduled three weeks ago but was delayed when it appeared the entertainment conglomerate was seriously weighing an offer from David Ellison’s Skydance.
At the top of today’s town hall, Robbins exclaimed, “We’d like to take a moment to acknowledge the challenges of all the M&A speculation surrounding our company. We know what a difficult and disruptive period it has been. And while we cannot say that the noise will disappear, we are here today to lay out a go-forward plan that can set us up for success no matter what path the company chooses to go down.”
The trio were frank with employees about cuts and the elimination of duplicated jobs that will occur. This was one of the three pillars of Paramount Global’s plan to ratchet up profits. The conglom says it is transforming the cost base of the company with work underway across corporate functions like legal and corporate
Paolo Nutini will take to the stage of Paisley Town Hall on Tuesday, August 6, for a very special gig in aid of two charities.
In an enormous cultural loss reminiscent of the degaussed tapes incidents in the early days of television, Paramount Global has removed the online archives to ComedyCentral.com, TVLand.com, MTVNews.com, and CMT.com from public access.
The word “miracle” gets thrown around a lot. But it truly is miraculous to see the recovery of Jeremy Renner after being literally crushed by a snow plow just a year-and-a-half ago.
Following the snowplow accident, Jeremy Renner says that he doesn’t “have the energy” for ” challenging ” roles amid his continued recovery.
Megan Vick The first word that comes to mind when most people think of Hallmark Channel is Christmas. The network has made its name (and a lot of its money) on its annual holiday fare that guarantees light-hearted, family-friendly fun, whether you are watching ironically or not. The patented formula of its Christmas movies is a comfort for the droves that watch every year, but Hallmark frequently gets overlooked when it puts down the tinsel and Santa cookie cutters.
Todd Spangler NY Digital Editor Paramount Global‘s trio of co-CEOs provided an update Tuesday at a town hall for the company’s more than 20,000 employees on where things stand with their plan to cut costs, boost revenue and pare down debt after a potential merger with Skydance was called off. The three execs — George Cheeks, president and CEO of CBS; Chris McCarthy, president and CEO, Showtime/MTV Entertainment Studios and Paramount Media Networks; and Brian Robbins, president and CEO of Paramount Pictures and Nickelodeon — were installed as co-CEOs after Bob Bakish’s dismissal in late April.
Almost time to say goodbye: Paramount+ has dropped the official trailer and revealed the premiere date for the seventh and final season of Seal Team.
Pete Townshend has spoken to NME about next year’s production of Quadrophenia, A Mod Ballet – as well as the turbulent past and uncertain future of The Who.The dance adaptation of the band’s seminal 1973 album, currently in development and set to tour the UK in the summer of 2025, is Townshend’s first foray in ballet following projects in the media of opera and literature.“What inspires me is trying to do something that has a slightly more ambitious thread,” he told NME. “It’s not me being pompous. It’s just something that seemed to fit more into the dis-conjunction that I felt when I left art school and ended up in the band.
Michaela Zee Jeremy Renner admitted in a recent “Smartless” podcast interview that he doesn’t “have the energy” to take on more demanding roles as he continues his recovery from his near-fatal snow plow accident. “I just don’t have the energy for it. I don’t have the fuel,” Renner said.
We have some interesting exclusive context to this story, but let’s get on with the basics first. Way back when in 2019, it was reported that David Fincher and Oscar-winning “Chinatown” screenwriting legend Robert Towne were developing a “Chinatown” prequel series for Netflix, given the filmmaker’s exclusive deal there.
royal selfies to notice that the pop star just hard-launched on Instagram.On June 22, Swift wished a happy birthday by sharing she took with his kids at the first London Eras Tour concert the previous evening.
Chinatown.” First released on June 20, 1974, the seminal noir feature was a resounding success at its time: a big hit for producer and Paramount heavy Robert Evans, a renowned return to Hollywood for director Roman Polanski and an Academy Award winner for screenwriter Robert Towne, plus Oscar nominations for stars Jack Nicholson and Faye Dunaway. But the film has only become more enshrined in the canon in the decades since, in particular for Towne’s script: a grim portrait of uninhibited greed shaping Los Angeles in the 30’s, celebrated as one of the best — and often cited as the best — screenplay in history. Key to its legacy is its terrifying ending, which sees Nicholson’s detective J.J.
The Exorcist directed by William Friedkin and written by William Peter Blatty is considered, still, perhaps the greatest horror film of all time, certainly the most popular. The 1973 movie was even nominated for 10 Oscars and won two, unheard of in the genre at that time. It has been endlessly imitated for the past half century right up to now, recently and notably David Gordon Green’s critically reviled 2023 reboot The Exorcist: Believer, which even brought original Exorcist star Ellen Burstyn back into the fold after all these decades. But the OG is impossible to touch, so what was going through Joshua John Miller’s mind when he decided to take on a new film so closely linked to it?
The voice cast of Prime Video’s Batman: Caped Crusader has been revealed, and it features Christina Ricci in an iconic role!
Prime Video has found its Dark Knight. Hamish Linklater (Midnight Mass) has been tapped to voice Batman/Bruce Wayne in Batman: Caped Crusader, Prime Video’s upcoming series from Warner Bros. Animation, Bad Robot Productions and 6th & Idaho. Also cast are Christina Ricci (Yellowjackets) as Catwoman/Selina Kyle, Jamie Chung (Stone Cold Fox) as Harley Quinn/Dr. Harleen Quinzel, and Diedrich Bader (Harley Quinn) as Harvey Dent/Two-Face. The ensemble cast also includes Minnie Driver and Mckenna Grace.
Paramount Global and its predecessor companies have gone through several tumultuous decades. Here’s a timeline of key events that led up to the company’s most recent M&A drama, in this week’s cover story: What Went Wrong: Inside Paramount’s Failed Merger Talks and the Battle to Salvage the Company. MARCH 4, 1987: Sumner Redstone’s National Amusements Inc.
Todd Spangler NY Digital Editor Christa D’Alimonte, Paramount Global‘s EVP, general counsel and secretary, is exiting at the end of the month after 12 years at the company and its predecessor Viacom. D’Alimonte on Tuesday informed her team that she will be leaving the company on June 28 (read the memo below).
Paramount Global General Counsel Christa D’Alimonte has told colleagues she will be exiting the company at the end of the month.
Anthea Sylbert, an Oscar-nominated costume designer on Chinatown and Julia who dressed Mia Farrow in Rosemary’s Baby among many other credits and also was a studio exec and an Emmy-winning producer, has died. She was 84.
Made In Chelsea star Francesca Newman-Young married her long-term partner in a beautiful town hall ceremony. The former reality star, 37, wed Peter Clarke in a ceremony at Chelsea Town Hall in London on Friday, 14 June and made a beautiful bride in a bardot-style wedding dress. Francesa, who appeared on Made In Chelsea for five years between 2013 and 2018, was seen beaming in stunning pictures as she and her new husband were cheered by friends and family as they left the registry office.