Paramount to Pay $122.5 Million to Settle Viacom-CBS Merger Lawsuit

John Hopewell Chief International Correspondent LILLE, France — Paramount+ will be bowing “Drag Race Italia” Season 3 on the streaming service in Italy, followed by the U.S. and Latin America later this year.  The Italian Season 3 follows on the recent announcement of three new “Drag Race” editions in Brazil, Germany and Mexico and a “Global Drag Race All Stars,” which will air on Paramount+ in their respective territories this year, Paramount+ announced Wednesday. “As we expand Paramount+’s global footprint, it was important to recapture ‘Drag Race’ in key international markets and also build an interconnected competition series with a new ‘Global Drag Race All Stars’ – it’s like a global Super Bowl for Drag,” said Chris McCarthy, president-CEO, Showtime/MTV Entertainment Studios & Paramount Media Networks.

An iconic clothing shop chain that has now vanished from our high streets was once THE place in Manchester to meet friends or a date.

EXCLUSIVE: Joaquina Kalukango (Lovecraft Country), Lonnie Chavis (This is Us), Rob Morgan (Mudbound), Ryan O’Nan (Queen of the South), and Justin Hurtt-Dunkley (Mare Of Easttown) have been tapped for key recurring roles opposite David Oyelowo and Dennis Quaid in Bass Reeves, from Yellowstone co-creator/showrunner Taylor Sheridan.

Brent Lang Executive Editor Somebody must be flashing their pearly whites. Paramount Pictures has entered a multi-year, first-look deal with Parker Finn to write, produce and direct features.  The pact comes on the heels of Finn’s breakout horror hit “Smile,” which became a sleeper box office sensation. Finn wrote and directed the creepy tale, which went on to be the top grossing original horror movie of 2022, raking in $216 million worldwide on a $17 million budget. It was based on his short film “Laura Hasn’t Slept.” “‘Smile’s’breakthrough success is a testament to Parker’s unique and fresh filmmaking, and we are thrilled that he will make Paramount his home,” said Paramount Pictures President & CEO Brian Robbins.

BreAnna Bell Garrett Hedlund has been cast in a recurring guest role in Taylor Sheridan’s forthcoming “Bass Reeves” series set at Paramount+, Variety has learned exclusively. He’ll portray Garrett Montgomery, a so-called posse man of the era who Bass hires for his riding know-how and expertise of the area. She joins previously announced stars including lead and executive producer David Oyelowo, and series regulars Lauren E. Banks, Demi Singleton, Forrest Goodluck and Barry Pepper. Dennis Quaid and Grantham Coleman will also appear in recurring roles. Hedlund can currently be seen in Paramount+’s “Tulsa King” and will next star in the film “The Tutor,” which is scheduled March 24th theater release. He recently completed production on the films “Desperation Road” opposite Mel Gibson and “The Marsh King’s Daughter,” co-starring Ben Mendelson and Daisy Ridley. His other credits include Lee Daniels’ “Mudbound,” “On the Road,” “Billy Lynn’s Long Halftime Walk,” “Mojave,” “Inside Llewyn Davis,” “Pan,” “Unbroken,” “Tron: Legacy,” and “Country Strong.”

Former Inter Milan and Brazil defender Miranda has admitted he would have liked to have played for Manchester United during his professional career.

BreAnna Bell Viewership was up Sunday when an average of 18.7 million viewers tuned in to see “Everything Everywhere All at Once” earn best picture honors and dominate the 95th Oscars on ABC with seven wins. That’s according to early, time zone-adjusted ratings from Nielsen, which includes out-of-home viewing — but keep in mind, that number could change when the final nationals are in. The Oscars, which repped the return of host Jimmy Kimmel for the first time since 2018, was up 12% from last year’s ratings. And according to those time-zone-adjusted fast-national numbers from Nielsen, it bested the previous year’s 3.8 rating by 5% in key adults 18-49, earning a 4.0 in the demo.

Last year, as the industry was looking to lift itself out the pandemic’s purgatory at the box office, SXSW lit the wick on A24’s Everything Everywhere All at Once, which wound up dynamiting the 18-34 hipster moviegoer set in what became the highest-grossing indie film of 2022, the best ever for the New York-based distributor, and now a potential Oscar Best Picture winner.

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.

Paramount has agreed to pay $122.5 million to settle a 2019 lawsuit by Viacom shareholders over the company’s merger with CBS.

Joe Otterson TV Reporter Demi Singleton is the latest addition to the cast of the “Bass Reeves” series at Paramount+, Variety has learned exclusively. Singleton will appear in the period drama as a series regular opposite series lead David Oyelowo, who will star as the titular legendary lawman. Additional cast members include Barry Pepper, Dennis Quaid, Forrest Goodluck, Lauren E. Banks, and Grantham Coleman. Per the official logline, the show “will bring the legendary lawman of the wild west to life. Reeves, known as the greatest frontier hero in American history, worked in the post-Reconstruction era as a federal peace officer in the Indian Territory, capturing over 3,000 of the most dangerous criminals without ever being wounded.”

Vanessa Bryant has finally reached an agreement with Los Angeles County, following years of ligitation over the photos taken at the tragic helicopter crash that killed her husband Kobe Bryant, and her daughter Gianna Bryant.“Today marks the successful culmination of Mrs. Bryant’s courageous battle to hold accountable those who engaged in this grotesque conduct,” Luis Li, an attorney representing Bryant, shared with CNN.

EXCLUSIVE: Grantham Coleman (Rustin) is the newest addition to the Paramount+ limited series Bass Reeves, exec produced by and starring David Oyelowo.

Samantha Markle has been warned by a former US prosecutor that she could face ruin if Meghan Markle successfully dismisses her defamation lawsuit.

Selena Gomez is getting support from some very inneresting folks right now!!

“Batman v. Superman: Dawn of Justice” in 2016.With a 10-day total of $164 million, “Quantumania” should have enough momentum to cross the $200 million mark at the domestic box office, but with such a steep drop it is now questionable whether the film will have enough fuel against stiff March blockbuster competition to even pass the unadjusted $622 million global box office total of the last “Ant-Man and the Wasp” back in 2018.

Clayton Davis Senior Awards Editor The 2023 Producers Guild of America Awards are underway at the Beverly Hilton in Los Angeles. A strong bellwether for the Oscars’ top prize, seven of this year’s best picture nominees are recognized by the guild in the film category: “Avatar: The Way of Water,” “The Banshees of Inisherin,” “Elvis,” “Everything Everywhere All at Once,” “The Fabelmans,” “Tár” and “Top Gun: Maverick.” This marked the first year the PGA nominated four sequels, which also included “Black Panther: Wakanda Forever” and “Glass Onion: A Knives Out Mystery.” Actor-producer Tom Cruise will be honored with the David O. Selznick Achievement Award, which recognizes a producer or producing team for their extraordinary body of work in motion pictures. The Selznick Award has a distinguished history with past recipients including such legendary producers as Steven Spielberg, Barbara Broccoli, Mary Parent, Brian Grazer, David Heyman and Kevin Feige.

Gigi Hadid and Leonardo DiCaprio were spotted at the same restaurant in Milan earlier this week. Does that mean they are together?

Gigi Hadid and Leonardo DiCaprio may have spent some time together in Italy, but by no means does that mean they’re involved romantically, a source tells ET.

Next-level pregnancy fashion. Much like her first time expecting, Rihanna is making maternity wear fierce and fabulous.