Paramount Global Shares Tumble After Earnings Miss Targets

Mollie King has shared a lengthy update on how she’s coping in the wake of her beloved dad’s death. The Saturdays star, 35, announced in November that her dad had died three months after being diagnosed with a brain tumour. Stephen King’s death came just days after Mollie welcomed her first child with partner Stuart Broad.

Tyler Perry is in talks to purchase a majority stake of BET Media Group amid reports that parent company Paramount Global is exploring a sale of the asset, Variety has confirmed. Perry currently owns a minority stake in the operation run by CEO Scott Mills, which includes cablers BET and VH1, and also produces a large portion of the programming available on BET and streamer BET+, which he helped launch in 2019. Also among BET’s divisions is production company BET Studios, which counts Kenya Barris, Rashida Jones and Aaron Rahsaan Thomas as minority stake holders. Perry and BET have a long history, as the network helped fund his first feature, 2005’s “Diary of a Mad Black Woman.” In 2017, Perry endeavored on a long-term film deal with Paramount, with a TV deal that began in May 2020. The partnership has been a lucrative and successful endeavor for Perry, Paramount Global president and CEO Bob Bakish and BET Networks president Scott Mills.

latest earnings call that Paramount+’s integration of Showtime will officially launch in the third quarter. As part of the move, the company is raising its prices for Paramount+ subscriptions. The top tier of Paramount+ will rise to $11.99 per month from $9.99 per month.

UPDATED with Tyler Perry interest: Paramount Global is talking with Tyler Perry about a deal for BET Media as the conglom explores a sale of a majority stake in the division.

Paramount Global is in early exploratory talks to sell a majority stake in BET Media.

According to The Sun, Sam visited her sister daily in the run up to her death and was now “beside herself” following the tragic passing of her younger sister. It is the latest heartache for model Sam, 56, and comes just eight years after her long-term partner Myra Stratton died of cancer. Speaking about the close bond the sisters shared in her 2017 autobiography, Forever, Sam revealed that Vanessa has saved her after she was attacked by her alcoholic father Pat.

Page 3 legend and pop icon Sam Fox has shared her grief and heartache after her younger sister Vanessa passed away on Saturday afternoon.The mum-of-four, was just 50 at the time of her death and passed away in hospital, nine days after she was rushed for treatment after suffering from a heart attack. Paramedics were called to her home in Enfield, North London, before she was rushed to St. Bartholomew’s Hospital in the City where she was placed in a coma.

Gene Maddaus Senior Media Writer Paramount Global disclosed on Friday that it will pay $122.5 million to settle lawsuits from Viacom shareholders arising from the company’s merger with CBS. In a securities filing, the company revealed that it has agreed to settle the class action litigation now pending in the Delaware Court of Chancery. The settlement still requires judicial approval. The plaintiffs had alleged that Paramount Global’s chairwoman, Shari Redstone, ousted board members in a “tyrannical” effort to merge the two companies. The suit alleged that CBS stock was overpriced in the merger, and that Viacom was undervalued, causing harm to Viacom shareholders.

Khloe Kardashian is sharing an update with her fans.

“Screw you guys, we’re going to sue,” a Cartman paraphrasing Warner Bros Discovery essentially said to Paramount Global and the series creators today in a scathing lawsuit over South Park streaming rights.

,” HBO Max said in a statement to TheWrap.Warner Bros. Discovery claims that Paramount’s priorities “changed drastically” upon the launch of Paramount+ in 2021, resulting in a “multi-year scheme to unfairly take advantage” of the former conglomerate by breaching its agreement and “stealing its content.”Per the 2019 agreement, where Warner/HBO outbid others in a competitive situation to garner the exclusive rights to the series, the company acquired the series’ entire catalog (23 seasons at the time) in addition to three new installments, totaling more than 300 episodes.

Barcelona captain Sergio Busquets has detailed his fury after Manchester United produced a memorable win over the Catalan giants to eliminate them from European competition this season.

Gene Maddaus Senior Media Writer HBO Max’s parent company has filed a lawsuit that accuses Paramount Global of reneging on parts of the $500 million licensing deal set in 2019 for the streaming rights to episodes of “South Park.” The suit, filed Friday in New York state Supreme Court, asserts that Paramount breached the contract by steering “South Park” specials and other content to its own Paramount+ platform. The suit alleges that Paramount “blatantly intended to prop up Paramount+ at the expense of Warner/HBO,” and that Paramount engaged in “multiple and flagrant duplicitous contortions of fact and breaches of contract.”

Brian Steinberg Senior TV Editor Warner Bros. Discovery continued to work on making all its various pieces, merged together last year, into a cohesive whole. The New York owner of the TNT and TBS cable networks, the HBO Max streaming service and the Warner Bros. production studio reported a net loss of $2.1 billion for its fiscal fourth quarter after the company wrote down $1.85 billion in assets and faced nearly $1.2 billion in restructuring expenses. Revenue fell 9%, excluding the results of foreign exchange, and the company saw ad sales decrease 14% as its TV networks, even as it worked to add subscribers to its HBO Max and Discovery+ streaming outlets.

Warner Bros. Games Hogwarts Legacy, the open-world, action role-playing game has sold more than 12 million units and hit $850 million in sales globally and 280 million hours played in its first two weeks of launch, the company said, confirming a major hit as parent Warner Bros. Discovery prepares to release quarterly earnings shortly.

Oscar nominee Paul Mescal has spoken of his “fury” after a fan groped him outside the theatre where he was performing. Irish actor Paul, 27, whose film Aftersun has won him a clutch of best actor nominations this awards season, was outside Almeida Theatre in north London, where he was starring in a production of A Streetcar Named Desire, when he was asked for a photo.The Oscar-nominated actor, who is hoping to win Best Lead Actor at the 94th Academy Awards next month, said he was instantly filled with fury as soon as the "creepy" fan laid hands on his behind. He told ES Magazine: “As we posed for it, she put her hand on my a**.

New mum-of-five Stacey Solomon has revealed that she's "exhausted" and feels like she's entered "full zombie mode" after welcoming her fifth child earlier this month.The Loose Women panellist, 33, welcomed baby daughter Belle with husband Joe Swash, 41, earlier in February and has continued to keep fans updated on social media as she settles into life as a mum-of-five. Stacey posted a photo on her Instagram Story of herself laying on her side on a sofa with Belle.They were matching as Stacey wore a dusty rose coloured jumper while Rose was cosily wrapped in a blanket in the same colour. The proud mum, who was recently lauded by fans for "keeping it real" about postpartum life, had her hair up in a ponytail that she had tied up with a black bow.

The owners of a ‘hatch-style’ Brazilian-inspired bakery in Ancoats have shared their heartbreak after their store was broken into in the middle of the night.

Coronation Street star Helen Flanagan has opened up about feeling ‘sad’ after an ‘eventful’ and ‘manic’ few days. The actress, who played Rosie Webster on the ITV soap, explained that she’s not been on social media due to what she’s been going through, but promised to fill fans in during her next post. ‘Eventful few days and this is why I’ve not been on my social media,’ she said in an Instagram story.

Former Manchester United player-turned-coach Phil Neville has claimed that current club Inter Miami signing Lionel Messi "would be probably the biggest signing ever in American sports".