Paramount Global Starts Work on 2024 Super Bowl

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.

Joe Otterson TV Reporter “Star Trek: Discovery” will end with the upcoming Season 5 at Paramount+, Variety has learned. In addition, the fifth and final season will now debut in early 2024 as opposed to this year as originally thought. Filming is mostly complete on Season 5, but according to an individual with knowledge of the situation, there will be some additional filming that has yet to take place.

“Screw you guys, we’re going to sue,” a Cartman paraphrasing Warner Bros Discovery essentially said to Paramount Global and the series creators today in a scathing lawsuit over South Park streaming rights.

,” HBO Max said in a statement to TheWrap.Warner Bros. Discovery claims that Paramount’s priorities “changed drastically” upon the launch of Paramount+ in 2021, resulting in a “multi-year scheme to unfairly take advantage” of the former conglomerate by breaching its agreement and “stealing its content.”Per the 2019 agreement, where Warner/HBO outbid others in a competitive situation to garner the exclusive rights to the series, the company acquired the series’ entire catalog (23 seasons at the time) in addition to three new installments, totaling more than 300 episodes.

Gene Maddaus Senior Media Writer HBO Max’s parent company has filed a lawsuit that accuses Paramount Global of reneging on parts of the $500 million licensing deal set in 2019 for the streaming rights to episodes of “South Park.” The suit, filed Friday in New York state Supreme Court, asserts that Paramount breached the contract by steering “South Park” specials and other content to its own Paramount+ platform. The suit alleges that Paramount “blatantly intended to prop up Paramount+ at the expense of Warner/HBO,” and that Paramount engaged in “multiple and flagrant duplicitous contortions of fact and breaches of contract.”

EXCLUSIVE: Paramount Global is shuttering the UK unscripted division of its international production arm, which makes the likes of Catfish UK and True Life Crime.

Brian Steinberg Senior TV Editor Shares of media giant Paramount Global tumbled in early trading Thursday after the company missed earnings targets and told investors profitability in its crucial streaming business would likely not take place until 2024. During a call with investors Thursday, executives from Paramount Global said they expected advertising, which has been crimped in recent months by recession fears and a roiled stock market, to improve in the second half of the year. They also suggested the merger of Showtime and Paramount+ would help cut expenses in content and on staffing. Class B shares of Paramount Global in recent trading were off 5.66%, or $1.39 a share, falling to $23.15 per share from Wednesday’s closing of $24.54.

Paramount Global’s CFO said the company will take a $1.3 billion to $1.5 billion hit in the current first quarter mostly on content as it restructures its streaming business, absorbing Showtime into Paramount+.

Brian Steinberg Senior TV Editor Paramount Global’s success in streaming is hurting its bottom line The New York owner of the CBS broadcast network and the Paramount movie studio said that the costs of generating gains in streaming crimped the conglomerate’s operating income and forced a swing to a loss in its fiscal fourth quarter, the latest of the nation’s big media companies to show some of the wear and tear that the shift to court viewers who stream is taking on the industry’s financials. The company said it added 9.9 million subscribers to its Paramount+ streaming hub in the period and saw a new cohort of users come to its free, ad-supporters streaming venue Pluto. But those gains could not overcome a 93% decline in operating income., or a 7% decline in revenue among the company’s biggest business, its traditional TV networks. Paramount Global said the company swung to a loss, compared with a sizable profit in the year-earlier period.

Alex Rodriguez and his girlfriend Jaclyn Cordeiro were spotted making the most of the Super Bowl. The pair was spotted having a drink in Scottsdale, Arizona, ahead of the Super Bowl, at the Cash App & Visa h.wood Homecoming pop up experience. A-Rod’s girlfriend uses ceremonial sword to open champagne: ‘almost didn’t make it into 2023’Alex Rodriguez and Jac Cordeiro are Instagram officialRodriguez and Cordeiro were photographed walking hand in hand, talking and enjoying a drink.

pic.twitter.com/zzt0H4CsE1— CONSEQUENCE (@consequence) February 13, 2023Videos of Adele made the rounds on the internet as the Super Bowl was taking place, but she wasn’t the only one who was living their life to RiRi’s performance.Billie Eilish was also spotted dancing and lip-syncing along from her box as well.Adele and Billie Eilish’s reaction to Rihanna’s performance pic.twitter.com/nbSINSSEjY— Fer ³⁰ (@adeleisbaee) February 13, 2023Rihanna took the stage for the first time in seven years and immediately revealed that she was pregnant with her second child.During her 13-minute performance, the Grammy winner and current Oscar nominee delivered some of her biggest hits, including “Bitch Better Have My Money,” “Work,” “Diamonds,” “Only Girl (In the World),” “We Found Love,” “Rude Boy,” and “Umbrella,” all while sporting her baby bump in a bright red outfit.Adele’s support of Rihanna is not surprising given their close friendship. In 2018, Adele wrote a profile of the Barbadian pop chart-topper for Time, calling her a “gracious, loyal and funny goofball of an icon.”The “Rolling in the Deep” talent also described Rihanna as fearless and full of the right kind of attitude.Adele’s appearance at Super Bowl 2023 is the latest that saw her having a good time thanks to another well-known musician.

Ben Affleck starred in Dunkin’s first Super Bowl commercial, and the coffee company has released outtakes showing the star’s hilarious behind-the-scenes moments.In the commercial, Affleck works a Dunkin’ drive-thru window in Medford, Mass., serving donuts and coffee to unsuspected customers while sporting an employee uniform with a headset, black visor and an “America Runs on Dunkin’” shirt.The “Good Will Hunting” star shows off his silly side and his struggles working behind the register in the bloopers.The outtakes show Affleck, 50, rapidly reciting a very complicated breakfast order, causing the customer to question, “Are you alright this morning?” — unaware that on the other side of the headset is the “Argo” star.“I’m struggling,” Affleck says in one blooper, moments before he accidentally knocks over a coffee in a customer’s car.“I can’t make it function — malfunction!” the Academy Award winner exclaims. “Not as easy as it looks operating this apparatus.”The Massachusetts native even gets personal with the people in the drive-thru, asking one how his mother and father are doing before sending him off with his order.At one point, Affleck trolls a customer, telling him they’re out of both donuts and coffee and the only thing they got is water, to which the patron replies, “You’re s- -tting me.”“I’m trying to compensate with comedy for my ineptitude,” the actor admits.And if one outtake video wasn’t enough, Dunkin’ released an even further extended version of this particular scene where Affleck continues to tell this customer, “We got no sandwiches and no muffins.

Janet Jackson was reportedly up to win the Global Impact Award at the 2023 Grammys. However, she wanted an apology from CBS for her treatment after her infamous Super Bowl wardrobe malfunction before she’d accept it.

Guy Fieri knows how to party. ET's Kevin Frazier spoke to Fieri at Guy's Flavortown Tailgate in partnership with the party powerhouse brand, Wynn nightlife, ahead of Super Bowl LVII Sunday where he shared a look at his mega-packed party.«I figured, if we're gonna have the greatest game on the planet in one day in Arizona, why not invite all the residents of Flavortown,» Fieri, who was joined by his son Hunter and nephew Julies, said. The tailgate was expected to have over 10,000 guests — and for a good reason. The chef and TV personality told ET he wanted everyone to be able to celebrate the big game, whether or not they were able to make it in.

Patrick Mahomes celebrated his Super Bowl win with a trip to the Happiest Place on Earth. Patrick and his wife, Brittany, took their children, Sterling Skye, 23 months, and baby Bronze, 11 weeks, to Disneyland on Monday, where the couple officially debuted a sweet shot of the newborn's face.The family of four was all smiles as Patrick held onto baby Bronze and little Sterling sat sweetly in Mom's arms.

Travis Kelce may have won the Super Bowl on Sunday, but he's still thinking about his older brother. During a post-game press conference, after Travis and the Kansas City Chiefs defeated his brother, Jason Kelce, and the Philadelphia Eagles, the 33-year-old tight end became emotional as he talked about the bittersweet moment. «There's really nothing you can say to a loved one in that situation like that,» Travis told a reporter. «You joke around all the time and say that you want to beat your brother in the biggest stage ever, but it's it's a weird feeling.»A post shared by Sports Illustrated (@sportsillustrated)He added, «And that team had great leadership, great coaches and obviously it came down to the end and we got all the respect in the world for those Eagles, man. But there's nothing really that I could say to him other than I love him and he played a hell of a year, a hell of a season.»Travis' emotional interview came after he took to Instagram, ahead of the game, to share a post that consisted of throwback pictures and videos of him and his big brother.

halftime show in Arizona on Sunday — though some viewers ridiculed her multi-level extravaganza.The “SOS” singer — who used the performance to low-key announce her second pregnancy with boyfriend A$AP Rocky — was praised in some corners and received backlash from others. The red-clad crooner could have used an “Umbrella,” however, to protect her from the cascade of memes mocking her greatest-hits set.“Me walking past someone and releasing the biggest fart of my life,” someone quipped in the caption for a video of RiRi — who turns 35 on Feb.

The 2023 Super Bowl is over and it’s already time to look ahead to the 2024 big game.

Super Bowl 2023 commercial featuring spheres in the sky.“An unidentified object has been spotted over the skies,” the ad proclaimed. While the commercial is advertising “U2:UV Achtung Baby Live at the Sphere” — a series of concerts that marks the band’s first live shows in four years — many on social media were quick to point out the similarities to the Chinese spy balloon that has been making headlines.“Did you guys make this commercial before last week?” one person asked.“Read the room.

anticipation for Rihanna’s Super Bowl halftime show — midway through the big game, which saw the Kansas City Chiefs defeat the Philadelphia Eagles, 38-35 — was ratcheted up so high simply because the 34-year-old singer is practically coming out of semi-retirement as a performer.This was a moment that the Navy — as Rihanna’s fans are known — has been waiting for, even if it happened in a surprise club cameo downtown at S.O.B.’s.Instead, that comeback performance happened on the biggest of all stages at State Farm Arena in Glendale, Arizona. And the superstar delivered the biggest of surprises — not with any guest performers, but with the revelation that her second child is on the way.