Pluto TV To Add 6,300-Plus Episodes From CBS Vault To Its Free Streaming Service As Paramount Global Divisions Harmonize

Restructuring, streamlining and realignment. We’ve been hearing that phrasing quite a bit over the past few months as media congloms have been thinning out their top executive ranks and targeting efficiencies to improve their balance sheets in a time when the effects from the pandemic are being exacerbated by the impact of the economic slowdown, high inflation and a looming recession.

Advertising is soft, said Paramount Global’s top finance executive, but the company’s mix of broadcast, FAST, SVOD, and cable “puts us in a very powerful position” to weather the market, as does the sale of a bigger than usual chunk of inventory at the upfront.

EXCLUSIVE: Layoffs are under way at Paramount Global, with several dozen employees expected to leave the company today, insiders have confirmed to Deadline.

Famed investor Warren Buffett’s Berkshire Hathaway knocked Paramount Global shares higher after disclosing that it has raised his stake in the media company.

Mark Heap & More Join ITVX Drama ‘Significant Other’

The streaming app ITV Hub will be scrapped and replaced with ITVX, bosses have said.

It appears audiences are hungry for more of The White Lotus.

When broadcast networks preempt primetime programming for the midterms Tuesday, they will be joining up with their streaming channels, all of which will have been well into their daylong coverage of the vote. 

Fire Country fans rejoice! CBS has just confirmed that a special episode of the drama series would air in January after the eye network airs the AFC Championship game.

Paul Pelosi, the husband of House Speaker Nancy Pelosi, was released from the hospital on Thursday, but his wife said that he still faces a “long recovery.”

Former CBS chief Les Moonves and Paramount Global have agreed to pay an additional $9.75 million to resolve an investigation by the New York State Attorney General’s office.

Whoa. This act of negligence could have cost Paul Pelosi his life.

Paramount Global shares slid in pre-market trading after the media company reported third-quarter financial results below Wall Street’s expectations.

California Gov. Gavin Newsom sat down with CBS News Chief Washington correspondent Major Garrett over the weekend and offered his candid assessment of the factors behind this week’s attack on Paul Pelosi, husband of House Speaker Nancy Pelosi, which left him in the hospital after being assaulted with a hammer at their San Francisco home.

From January to September this year, almost a million people in the UK have ditched some of the most popular streaming sites. Subscription services such as Netflix, Disney+ and Amazon Prime have taken a hit, with the rising cost of living meaning that people are cutting back on their expenses.

The Patti Smith track ‘Rock N Roll N****r’ has been quietly removed from the streaming services, Rolling Stone has spotted. The controversially titled track appears on her 1978 album ‘Easter’.Smith has defended her use of the n-word in the track over the years, insisting she was seeking to subvert the meaning of the racial slur.In a 1990s interview with Rolling Stone, she said: “It was the idea of taking a word that was specific and hurtful to people and obliterating it, blowing that apart and reinventing it so it was more like a badge of courage.

UPDATE: Authorities identified the suspect in the violent attack on Nancy Pelosi’s husband, Paul Pelosi.

House Speaker Nancy Pelosi’s husband, Paul Pelosi, was violently assaulted early on Friday morning during a break-in at their San Francisco home, her office said.