ViacomCBS Raising $3B In Stock Sale to Bolster Streaming Push

New Jersey may be the first state to pitch itself as an alternative to Georgia production but won’t be the last amid national furor at the Peach State’s restrictive new voting law. Atlanta’s booming entertainment infrastructure has so many advantages from rebates to infrastructure, yet the state is making itself a liability again less than a year after passing a highly controversial state abortion law (struck down by a federal judge as unconstitutional).

Georgia's potential loss could be New Jersey's gain. At least that's what the Garden State hopes.

Hemisphere Media Group has bought Lionsgate's 75 percent stake in U.S. Hispanic subscription video-on-demand service Pantaya for $124 million in cash.

ViacomCBS is publicly expressing its opposition to Georgia’s recently passed voting bill, adding its name to a list of corporations that are speaking out on the new law.

Doing it differently! Oliver Hudson and Kate Hudson are a “tight family,” but they don’t raise their kids the same way, the actor exclusively told Us Weekly.

Entercom Communications, the country's second largest radio company, wants to make sure consumers and Wall Street know that it's more than just a broadcaster. The company will rebrand as "Audacy," with the transition beginning immediately.

Shares in ViacomCBS kept sliding after the studio priced a $3 billion stock sale to fund its Paramount+ launch. ViacomCBS stock was trading at $49.40 on the NASDAQ Exchange, down 17.47, or just over 26 percent, on Friday afternoon.

Stacey Solomon has recently moved into her stunning new house. The Loose Women star, alongside her fiance Joe Swash, their son Rex, and her two boys Zachary and Leighton, have named the property 'Pickle Cottage'.

Todd Spangler NY Digital EditorViacomCBS stock dropped nearly 9.1% Tuesday, as investors exited positions on news that the media conglomerate will sell up to $3.45 billion in stock as part of funding streaming content.Company shares closed at $91.25 apiece, coming a day after ViacomCBS’ announcement of plans to raise $3 billion in a stock offering.

ViacomCBS said Monday it’s looking to raise $3 billion with two concurrent stock offerings and plans to use the combined net proceeds for general corporate purposes, including investments in streaming, following the recent launch of Paramount+.

Korean media group Next Entertainment World has partnered with L.A.’s Library Pictures International, signing a three-year co-financing slate for the production of Korean-language films.

Brian Steinberg Senior TV EditorHollywood’s streaming wars are likely to spur clashes on Madison Avenue.The priciest stuff on TV for advertisers always runs in primetime. When viewers can stream “This Is Us” or “Young Rock” at moments of their own choosing, however, primetime is anytime.

BTS is taking over the 2021 Grammys stage – but not from Los Angeles!

Rosamund Pike stores her many awards in a very unusual place.