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Paramount Global is ‘Leaning In’ to Content Cost Cuts and ‘Hollywood Hits’ as Leaders Chart a Course for Survival - variety.com
variety.com
29.02.2024 / 00:49

Paramount Global is ‘Leaning In’ to Content Cost Cuts and ‘Hollywood Hits’ as Leaders Chart a Course for Survival

Cynthia Littleton Business Editor The inevitable M&A question came toward the end of Paramount Global‘s hourlong conference call with Wall Street analysts on Wednesday — a session that undoubtedly would have been more contentious for Paramount leaders if they hadn’t started out by serving up sacrifices for the greater good of free cash flow and profit. Paramount Global CEO Bob Bakish waved off the inquiry from Bank of America Merrill Lynch media analyst Jessica Reif Ehrlich about the tidal wave of media speculation about suitors coming (and going) for the company with a breezy “We’re always looking for ways to create shareholder value.” But it was clear from the earlier commentary and business updates from Bakish and chief financial officer Naveen Chopra that they are charting a course for this year and next to take streamer Paramount+ to the promised land of profitability and keeps the company entact as a standalone entity.

Planned Disney-Fox-WBD Bundle “Only Has A Subset Of Sports”, Paramount CEO Bob Bakish Says: “It’s Hard To Believe That’s Ideal” - deadline.com
deadline.com
29.02.2024 / 00:03

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.”

Paramount Global Says It Will Take $1B Charge Related To Layoffs And Content Strategy Shifts - deadline.com
deadline.com
28.02.2024 / 22:57

Paramount Global Says It Will Take $1B Charge Related To Layoffs And Content Strategy Shifts

Paramount Global expects to take a $1 billion charge in the current quarter due to ongoing programming shifts and the layoffs it announced earlier this month.

Paramount Global Q4 Earnings Nip Wall Street Forecasts But Ad Decline Hits Revenue; Company Projects Domestic Streaming Profit By 2025 - deadline.com
deadline.com
28.02.2024 / 21:45

Paramount Global Q4 Earnings Nip Wall Street Forecasts But Ad Decline Hits Revenue; Company Projects Domestic Streaming Profit By 2025

Paramount Global‘s earnings in the fourth quarter edged Wall Street forecasts, but a double-digit slide in advertising dragged down total revenue by 6%.

Paramount Sets Release Plan For Robbie Williams’ Musical Film ‘Better Man’ By Michael Gracey - deadline.com - USA - Canada - Berlin
deadline.com
28.02.2024 / 17:57

Paramount Sets Release Plan For Robbie Williams’ Musical Film ‘Better Man’ By Michael Gracey

EXCLUSIVE: Buoyed by the overperformance of music-driven films Bob Marley: One Love and Mean Girls, Paramount Pictures has slotted Better Man for an exclusive qualifying release on December 25, followed by a wide theatrical release on January 17 in the heat of awards season. The film is an original musical by The Greatest Showman director Michael Gracey, based on the life and music of singer Robbie Williams.

‘Ray Donovan’ Offshoot Series Set At Paramount+ From Guy Ritchie & ‘Top Boy’ Creator Ronan Bennett - deadline.com
deadline.com
28.02.2024 / 17:43

‘Ray Donovan’ Offshoot Series Set At Paramount+ From Guy Ritchie & ‘Top Boy’ Creator Ronan Bennett

The Donovans, a new series loosely based on Showtime’s popular drama Ray Donovan, is set at Paramount+, with Guy Ritchie attached to direct and executive produce. Top Boy creator Ronan Bennett will pen all 10 episodes of the series, an extension of the Ray Donovan franchise, from Showtime/MTV Studios and 101 Studios. The Donovans will debut on Paramount+ for subscribers with the Paramount+plan with Showtime later this year.

Paramount+ Greenlights New Series Loosely Based on ‘Ray Donovan’ With Guy Ritchie, ‘Top Boy’ Creator Ronan Bennett Attached - variety.com
variety.com
28.02.2024 / 17:23

Paramount+ Greenlights New Series Loosely Based on ‘Ray Donovan’ With Guy Ritchie, ‘Top Boy’ Creator Ronan Bennett Attached

Joe Otterson TV Reporter Paramount+, Showtime/MTV Entertainment Studios, and 101 Studios are teaming for a new series loosely based on the hit Showtime series “Ray Donovan.” Titled “The Donovans,” the series will be fully written by Ronan Bennett with Guy Ritchie attached to direct and executive produce. It will be available to Paramount+ with Showtime subscribers later this year.

Paramount+ Greenlights UK Thriller Series Set In World Where Men Live Under Strict Nightly Curfew - deadline.com - Britain - county Mitchell - county Robertson
deadline.com
27.02.2024 / 09:27

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.

Paramount Global’s Lisa Kramer On New Paramount+ Branded Hub In Africa & The Changing World Of TV Distribution – London TV Screenings - deadline.com - India - Belgium - Greece - Philippines
deadline.com
26.02.2024 / 09:11

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.

‘Bob Marley: One Love’ Still On A High At $121M WW, ‘Anyone But You’ Romps To $200M Global & ’Poor Things’ Nears $100M; Korea’s ‘Exhuma’ Has Scary Good Opening – International Box Office - deadline.com - Australia - Britain - London - Mexico - Italy - Germany - Greece - city Lost
deadline.com
25.02.2024 / 20:57

‘Bob Marley: One Love’ Still On A High At $121M WW, ‘Anyone But You’ Romps To $200M Global & ’Poor Things’ Nears $100M; Korea’s ‘Exhuma’ Has Scary Good Opening – International Box Office

Refresh for latest…: Paramount’s Bob Marley: One Love continued to sing sweet tunes in its sophomore session, adding $15M from 59 international box office markets for a drop of 37% from its above-expectations stellar opening. The overseas cume is now $49.4M for $120.6M worldwide.

‘Bob Marley: One Love’ Surpasses $100 Million Globally - variety.com - Jamaica
variety.com
24.02.2024 / 19:45

‘Bob Marley: One Love’ Surpasses $100 Million Globally

Michaela Zee Paramount’s “Bob Marley: One Love” is feeling more than alright at the global box office. The musical biopic has generated $101.1 million worldwide after only 10 days in theaters, including $61.4 million in North America and $39.7 million from 59 international territories. “One Love” retained the top spot on domestic charts in its second weekend of release, grossing $3.7 million on Friday.

China Box Office: Four Chinese Films Dominate Global Cinema Revenues as Lunar New Year Haul Tops $1.1 Billion - variety.com - China
variety.com
19.02.2024 / 10:27

China Box Office: Four Chinese Films Dominate Global Cinema Revenues as Lunar New Year Haul Tops $1.1 Billion

Patrick Frater Asia Bureau Chief Four Chinese films dominated the mainland China and global box office charts over the latest weekend. “YOLO,” a comedy drama about weight loss and self-discovery, was crowned as the top earning film worldwide for a second weekend running. “YOLO” took $86.5 million (RMB614 million) between Friday and Sunday, giving it a 9-day cumulative total of $402 million (RMB2.85 million), according to data from consultancy firm Artisan Gateway. The second film by Jia Ling, who previously directed 2021 Lunar New Year smash hit “Hi, Mom”, “YOLO” released on Saturday, Feb.

‘Bob Marley: One Love’ Embraces $80M Global Bow; ‘Madame Web’ Musters $52M WW – International Box Office - deadline.com - Australia - Britain - France - Brazil - London - China - Mexico - Italy - Germany - Japan - Jamaica
deadline.com
18.02.2024 / 23:57

‘Bob Marley: One Love’ Embraces $80M Global Bow; ‘Madame Web’ Musters $52M WW – International Box Office

Refresh for latest…: Paramount’s Bob Marley: One Love brought folks together around the world in its opening frame, singing up a sweet estimated $80M global bow. After coming on strong in early overseas play this week, and as audiences turned a deaf ear to critics, the international box office portion of that is $29M, landing well ahead of expectations.

Ridley Scott in Talks to Direct Bee Gees Film at Paramount - variety.com - county Scott - county Black Hawk
variety.com
16.02.2024 / 03:13

Ridley Scott in Talks to Direct Bee Gees Film at Paramount

Katcy Stephan Ridley Scott is in talks to direct Paramount’s Bee Gees film. Scott will produce the currently-untitled film alongside Graham King for GK Films, Stacey Snider, and Michael Pruss for Scott Free. John Logan, who wrote Scott’s 2000 epic “Gladiator,” will pen the script.

Jon Hamm Cast in Taylor Sheridan's New Series 'Landman' at Paramount+ - www.justjared.com - Texas - Taylor - Jordan - city Boomtown
justjared.com
16.02.2024 / 01:51

Jon Hamm Cast in Taylor Sheridan's New Series 'Landman' at Paramount+

Jon Hamm is the latest star to join the cast of Yellowstone creator’s Taylor Sheridan‘s new Paramount+ series.

Noggin Is Shutting Down After Paramount Global Laid Off Subscription Service’s Entire Staff - variety.com
variety.com
16.02.2024 / 00:22

Noggin Is Shutting Down After Paramount Global Laid Off Subscription Service’s Entire Staff

Todd Spangler NY Digital Editor Noggin, Nickelodeon’s interactive learning platform for preschool-age kids, is shutting down after almost 10 years, Variety has confirmed. Noggin is a casualty of Paramount Global’s companywide layoffs this week, which resulted in about 800 staffers being let go. The entire team that ran Noggin was laid off, as first reported by trade publication Kisdscreen.

MAFS UK's Thomas tells pal JJ 'just have fun' as Katie Price slams romance rumours - www.ok.co.uk - Britain
ok.co.uk
15.02.2024 / 20:17

MAFS UK's Thomas tells pal JJ 'just have fun' as Katie Price slams romance rumours

Married At First Sight UK’s Thomas Kriaras has told his friend JJ Slater to "just have fun" following Katie Price slamming romance rumours between the pair. Yesterday Thomas appeared on FUBAR Radio and chatted to hosts Bobby Norris and Ellen Coughlan where he said that the speculated romance between JJ and former glamour model Katie was "absolutely brilliant". He said: "I told him “Just have fun.” I think it’s absolutely brilliant.

Jon Hamm Joins Billy Bob Thornton In Taylor Sheridan’s ‘Landman’ At Paramount+ - deadline.com - Texas - Taylor - Jordan - Nashville - county Sheridan - city Boomtown - county Worth - city Sheridan - county Christian - county Wallace - county Yellowstone
deadline.com
15.02.2024 / 20:13

Jon Hamm Joins Billy Bob Thornton In Taylor Sheridan’s ‘Landman’ At Paramount+

Emmy winner Jon Hamm is set for a recurring role opposite Billy Bob Thornton in the Paramount+ drama Landman from Taylor Sheridan and Christian Wallace.

CBS News Lays Off 20 Amid Paramount Global’s Companywide Cuts; Catherine Herridge And Jeff Pegues Among Those Impacted - deadline.com - New York - China - USA - Washington
deadline.com
13.02.2024 / 23:35

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.

Paramount Layoffs Hit 20 CBS News Staffers - variety.com - New York - Los Angeles - USA - New York - Washington - Washington - Columbia
variety.com
13.02.2024 / 21:37

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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