On Epic Week For Paramount Global, Company Extends Carriage Talks With Charter

Shari Redstone strolled onto the red carpet in New York City tonight for the premiere of Paramount Pictures IF, John Krasinski’ star-studded PG adventure that opens this weekend. She was there to support studio chief Brian Robbins.

Whether playing DI Kate Fleming in Line of Duty or a back-against-the-wall bomb disposal expert in ITV’s Trigger Point, Vicky McClure has mastered the art of procedurals over the years.

EXCLUSIVE: Christopher Landon’s Drop has added British writer/performer Ed Weeks to the Platinum Dunes and Blumhouse‘s fast-paced thriller.

The Department for Work and Pensions (DWP) has confirmed that new rule changes for around 180,000 people in part-time work claiming Universal Credit will start on May 13. Those working less than half of a full-time week will have to meet their work coach more often to boost their earnings.

Selome Hailu NBC has renewed “Lopez vs. Lopez” for Season 3, while “Extended Family” has been canceled after one season. In the recently concluded second season of “Lopez vs.

Warner Bros. Discovery chief David Zaslav largely evaded questions about NBA talks and Paramount Global‘s potential as a WBD merger partner, but he did weigh in on the hot topic of executive pay.

Cynthia Littleton Business Editor Paramount Global goes back to playing the field this week with two suitors still pursuing the company that has been surrounded by a highly public M&A drama for months. And it’s unlikely to end any time soon. The company reached the end of its 30-day exclusive negotiating window with Skydance Media on May 3 without coming to an agreement.

Chris Willman Senior Music Writer and Chief Music Critic Taylor Swift‘s “The Tortured Poets Department” registered 439,000 album-equivalent units to return as the No. 1 album in the U.S. in its second week out, according to data from Luminate first reported in Billboard.

Sweden is on high alert and security is being tightened in its third largest city Malmo, ahead of next week’s Eurovision Song Contest.

Paramount Global says Chris McMarthy is the company’s “interim principal executive officer,” a necessity required by the SEC that apparently does not signal he has more decision-making power among a trio of top executives who stepped up to replace Bob Bakish this week in a new Office of the CEO.

The clock is ticking down to midnight, the end of a month-long exclusive negotiating window between Paramount Global and Skydance Media. The David Ellison company has been circling Paramount for months and lobbed several offers to buy out Shari Redstone‘s controlling stake, backed by Oracle co-founder Larry Ellison and Gerry Cardinale’s RedBird Capital.

Three days after he was named to the newly formed Office of the CEO of Paramount Global, George Cheeks, President and CEO of CBS, faced reporters at the unveiling of the broadcast network’s fall 2024 schedule.

It was a year of pain for the entertainment industry and shareholders of (many) media companies with brutal months-long Hollywood strikes, and layoffs. Linear television continued to decline and a nascent theatrical recovery went sideways. Most CEOs saw pay packages rise in 2023, some by big multiples.

George Galloway claims he is in talks with three Labour MPs and a member of the House of Lords whom he hopes to recruit to his party. The Rochdale MP and Workers Party of Britain leader warned a 'significant number' of councillors could also join by next week.

Brian Steinberg Senior TV Editor The recent broadcast of Super Bowl LVIII boosted Paramount Global‘s first quarter of 2024, stabilizing advertising revenue at its TV operations, as the company’s streaming operations added more than 3 million subscribers and cut losses there by more than 40%. Overall, Paramount narrowed its first quarter operating losses while seeing a 6% uptick in revenue, due in large part to audience and advertiser interest in its Big Game presentation, which set a new viewing record.

After trying to reassure Wall Street with their brief opening remarks at the Paramount Global earnings call, the trio executives named to the newly formed Office of the CEO looked to do the same with the company’s employees rattled by the sudden ouster of longtime CEO Bob Bakish amid sale negotiations with Skydance.

George Cheeks, Brian Robbins and Chris McCarthy, the Paramount Global executives chosen to occupy the Office of the CEO as a replacement for the departing Bob Bakish, sought to reassure Wall Street on Monday that they have a plan.

David Ellison’s Skydance has presented Paramount Global board’s special committee with a revised offer to take control of the company, Deadline has learned. Terms weren’t immediately available, story will be updated when they are. The new proposal is likely designed to make a deal more palatable to Paramount investors beyond controlling shareholder Shari Redstone, something that her family holding company NAI had requested.

Confusion and anxiety reigned at a CBS-Politico joint party today ahead of the annual White House Correspondents’ Dinner, with staffers shocked at news that Bob Bakish, CEO of parent Paramount Global, is set to exit abruptly as early as Monday morning.

Paramount Global is set to announce as early as Monday morning that Bob Bakish is stepping down as CEO amid talks with Skydance and ahead of the company’s quarterly earnings that afternoon.