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

Princess Catherine and Prince William have a big decision to make!

and that was Meghan [Markle].”“She changed his world and turned it upside down. Diana would not be happy with the way he has deserted his post,” the royal expert added.Indeed, the feuding brothers’ ongoing rift was only highlighted at the Diana Legacy Awards in London Thursday night when both William and Harry made appearances — apart.The Duke of Sussex, 39, made a brief appearance at the ceremony via video call, where he spoke to the young recipients of the accolade.His virtual phone-in took place only after his estranged brother and heir to the throne left the premises after presenting the awards and giving a speech honoring their late mother.“[Harry] has not only deserted his post, he has deserted his family and his country,” Burrell said.

Todd Spangler NY Digital Editor Paramount Global has sold its 13% ownership stake in TV and streaming company Viacom18 to Reliance Industries for $517 million. Reliance was already the majority owner of Viacom18. The pact comes two weeks after Disney and Reliance Industries announced a blockbuster $8.5 billion deal merging their massive Indian TV and streaming businesses.

Paramount Global has sold its 13% equity interest in Viacom18 Media to Indian conglomerate Reliance Industries for the equivalent $517 million.

This Morning viewers have made the same demand to ITV after Cat Deeley and Ben Shephard made their debut as the brand new hosts earlier this week. The TV duo took their place in the This Morning studio together for the first time on Monday (March 11) after it was announced they were taking over as the show's new permanent presenters.

Todd Spangler NY Digital Editor Nelson Peltz’s Trian Partners, which is agitating to get two seats on Disney’s board, on Monday released a lengthy white paper analyzing the Mouse House’s financial performance — and suggesting strategic fixes. The recommendations, according to Trian, are aimed at turning around Disney‘s stock performance, which has trailed most of its peers (except Warner Bros.

Todd Spangler NY Digital Editor Will Shortz, the longtime crossword puzzle editor of the New York Times and NPR’s “puzzlemaster” for more than three decades, suffered a stroke last month and has spent the last several weeks rehabilitating. Shortz revealed the injury in a recorded message aired on on NPR’s “Weekend Edition Sunday” on March 5. He has been absent from the show in recent weeks, and at the end today’s puzzle segment, “Weekend Edition Sunday” host Ayesha Rascoe shared an audio clip from Shortz to let fans know the situation.

Brent Lang Executive Editor Sean Cercone has stepped down as head of Broadway Licensing Global. It’s unclear why he left the company that he acquired in 2019. Broadway Licensing Global has announced who will lead the company on an interim basis: Ted Chapin will serve as interim CEO and Dan Markley will be interim COO.

Actor Ray Winstone has two Netflix projects on the way: Guy Ritchie’s crime comedy series, “The Gentlemen” (read our review), and “Damsel” opposite Millie Bobbie Brown. But of course, as is custom these days, the actor was asked about his appearance in the Marvel Cinematic Universe.

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.

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%.

Kid Cudi has revealed that he will be taking a break from making music for a year to focus on his film and television career.January saw the Ohio rapper release his 10th studio album ‘INSANO’– a more trap-inspired record that included verses from Lil Wayne, Lil Yachty, DJ Drama, Pharrell and Travis Scott – before he dropped the LP’s sequel ‘INSANO (Nitro Mega)’ last week; taking a more experimental and alternative route assisted by the likes of Wiz Khalifa, Layzie and Krayzie Bone of Bone Thugs ‘n’ Harmony and Pusha T. The two records mark Cudi’s final albums as part of his Republic Records deal.Shortly after the release of ‘Nitro Mega’, Cudi took to X/Twitter to tell fans he would be taking a break from music and to expect new music “every other year.””“My next album is already about 80 per cent done, and it’ll be out in 2026,” he wrote.

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.

Saturday Night Takeaway has been cancelled after 20 seasons, as presenters Ant and Dec return for the final season on ITV from Saturday, 24 February. Why have the dynamic duo decided to step away from their hugely-popular entertainment series? Ant McPartlin and Declan Donnelly have been owning Saturday nights for years now, with hilarious sketches and segments leaving the audience cheering away every week. But last year, the presenting legends announced that after season 20, they would be taking an indefinite hiatus from the show.

EXCLUSIVE: The Kumars are plotting a return — this time on American television. Fox has ordered a presentation for multi-camera comedy Meet The Kumars, a followup to the award-winning 2001 BBC series The Kumars At No. 42. Most of the original cast is back for the U.S.-flavored revival of the family sitcom/talk show.

While we're not quite out of the woods when it comes to chillier days at the moment, this warming broth will tick all the boxes for keeping you cosy, satisfied and filled up.This one in particular combines the most delicious flavours including fresh Thai chilli, juicy king prawns and earthy shiitake mushrooms, but it's the unexpected items that take this soup to the next level. Eggs, vermicelli noodles and chunky heads of broccoli turn this broth into a full on meal which is perfect for healthy lunches and delicious, wholesome dinners. In around 20 minutes you can crate magic in a bowl that the whole family will love - and if chilli isn't your thing, just remove and add a little extra ginger instead.

When most of us think of Coronation Street maven Tracy McDonald, it’s often not a mild-mannered florist that springs to mind. In fact, if the keen businesswoman’s time in Weatherfield has taught us anything, it’s that Tracy is a force to be reckoned with - a hurricane of a woman that will tear through your life and leave nothing but carnage in her wake.

The Prince of Wales attended the BAFTA film awards alone on Sunday (February 18) after a week punctuated by further royal drama.Traditionally, Prince William - who is the President of BAFTA - has been joined by the Princess of Wales at the glittering awards ceremony, but she stayed at home to continue her recuperation. As well as the worries about Kate's health, William has been dealt further blows with his father King Charles' cancer diagnosis and rumours about his brother Prince Harry wanting to return to Royal duties.

Next week's Coronation Street will be just as dramatic as ever with affairs, betrayal and a misunderstanding. OK! has the biggest spoilers you need to know. Daisy has Bethany Platt sacked Daisy Midgeley (Charlotte Jordan) hopes she and Daniel Osbourne (Rob Mallard) might be getting back together after believing there’s still a spark between them in latest Coronation Street spoilers.

The Trip despite calls from Rob Brydon and Steve Coogan to film one in America.The show, which sees the pair play fictional/exaggerated versions of themselves and indulge in their love for celebrity impersonations, ran for two series on BBC Two between 2010 and 2014. Two more followed on Sky Atlantic and Sky One, with the most recent being 2020’s The Trip To Greece.Last summer, Coogan said that he and Brydon should make another series ahead of a meeting with Winterbottom.“I think certainly there will be more stuff to say, because middle age is different to just getting old,” said Coogan at the time.