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Comcast, Paramount’s European Streaming Venture SkyShowtime Names Jon Farrar Head of Programming

SkyShowtime, the European streaming joint venture of Comcast and Paramount Global, has named Jon Farrar, who has served in key roles at BBC commercial arm BBC Studios, head of programming. Farrar led the direct-to-consumer programming strategy at the company as global VOD director and editor in chief of North American SVOD service BBC Select. Paramount […]

Paramount Makes Nickelodeon Content Available for Ukrainian Refugees in Europe

Paramount Global has launched further initiatives for Ukrainian refugees with a focus on providing them with free Nickelodeon kids’ content on various platforms in Europe and beyond. In addition to a $1 million donation to support humanitarian relief organizations, which the entertainment giant previously unveiled, children and their families who have fled Ukraine to neighboring […]

Paramount Global CEO Bob Bakish’s Pay Dips to $20M in 2021

Paramount Global, the company formerly known as ViacomCBS, disclosed the compensation for president and CEO Bob Bakish and its other top executives Friday, in its third proxy filing since its creation via the recombination of Viacom and CBS Corp. in 2019. The company, which is controlled by Shari Redstone and other members of the Redstone […]

Paramount’s International CEO on “Global Transformation” for the Streaming Age

ViacomCBS’ streaming business-focused investor day on Feb. 15 centered on the company’s all-in streaming push worldwide and the related name change to Paramount Global. The entertainment giant’s international reach and global streaming ambitions got more than just a brief mention during the event. Led by president and CEO Bob Bakish, the company has long made […]

Paramount Is a Wall Street “Rorschach Test” For Streaming

ViacomCBS wants to be known as Paramount Global now, unveiling its name change and all-in commitment to streaming during an investor day Tuesday afternoon. Fan-favorite content franchises and further reboots and revivals of nostalgic fare are part of its game plan to go big in streaming, which Wall Street analysts started reviewing on Wednesday. Key […]

Paramount Goes All-In on Competing With Streaming Giants in Rebrand

Though Paramount+ has yet to reach the subscriber numbers of Netflix, Disney+ and HBO Max, top executives at ViacomCBS are forging ahead with the company’s streaming revolution by relying on more revivals and reboots of nostalgic, fan-favorite IP and sequels of popular projects to draw in viewer interest. The company’s annual investor day presentation on […]

Paramount+ to Launch in France With Canal+ Partnership

ViacomCBS will launch its Paramount+ streaming service in France late this year as part of a long-term strategic partnership with Vivendi’s Canal+ Group, which the two companies unveiled on Tuesday. The deal with the big pay TV provider, set to kick in this December, will give subscribers of the Canal+ Cine Séries package — which […]

ViacomCBS to Become Paramount This Week

The “ViacomCBS” name is being retired. CEO Bob Bakish on Tuesday announced that the merged company will be known as simply Paramount, beginning Wednesday, Feb. 16. (The parent company’s legal name is technically Paramount Global.) Shares of Paramount will trade on the Nasdaq as PARAA (class A common), PARA (class B common) and PARAP (preferred […]

Paramount+ Hits 32.8M Subscribers As ViacomCBS Streaming Ad Revenue Rises

Paramount+, which will soon hit its one-year anniversary, has hit 32.8 million subscribers, ViacomCBS revealed on Tuesday as part of its quarterly earnings. The company, which also announced a name rebrand from ViacomCBS to just “Paramount” on Tuesday, added 9.4 million subscribers in the fourth quarter for a total of 54 million total subscribers to […]

ViacomCBS Elevates Alex Berkett to Chief Corporate Development and Strategy Officer Role

ViacomCBS has promoted veteran dealmaker Alex Berkett to the role of chief corporate development and strategy officer. His previous title was executive vp, corporate development & strategy. Berkett will continue to report to ViacomCBS CFO Naveen Chopra and to serve on the company’s senior leadership team and global inclusion advisory committee. Chopra previously announced that the team […]

Comcast, ViacomCBS Get Regulatory Approval for SkyShowtime Streaming Venture

Comcast and ViacomCBS have received “full regulatory approval” to create European streaming joint venture SkyShowtime, the companies said on Wednesday. The two companies had in August struck a deal to launch a new subscription video-on-demand service in more than 20 European territories, including Spain, Portugal, the Netherlands, Czech Republic, Hungary, Poland, Sweden, Denmark, Norway and […]

‘Mayor of Kingstown,’ ‘The Game,’ ‘SEAL Team’ Renewed at Paramount+

Paramount+ executives came armed with news for their first, albeit virtual, presentation to the Television Critics Association on Tuesday. Nicole Clemens and Tanya Giles, meeting the press corps for the first time since respectively taking over as head of scripted originals and programming chief at the streamer, announced renewals for three of the expanded service’s […]