By Samrhitha A and Jaspreet Singh (Reuters) -Paramount Global is laying off about 800 employees or roughly 3% of its workforce, a person familiar with the matter said on Tuesday, …
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(Reuters) – Media entrepreneur Byron Allen has submitted a $30 billion offer for Paramount Global, including debt and equity, Allen Media Group said in an emailed statement to Reuters on …
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By Dawn Chmielewski and Jaspreet Singh (Reuters) -Paramount Global CEO Bob Bakish said on Thursday that the media company will conduct an unspecified number of layoffs as it strives to …
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(Reuters) – Paramount Global CEO Bob Bakish has announced layoffs at the media firm, as it needs to “operate as a leaner company and spend less,” CNBC reported on Thursday …
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(Reuters) – Paramount Global shares surged 10% on Friday, after the media company narrowed the 2023 loss forecast for its fast-growing streaming business as investments peaked a year ahead of …
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By Chavi Mehta and Dawn Chmielewski (Reuters) -Paramount Global’s investments in its fast-growing but unprofitable streaming unit have peaked a year ahead of the target, the media company said on …
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(Reuters) – Paramount Global said on Monday it was selling Simon & Schuster to KKR & Co for $1.62 billion in an all-cash deal, marking the end of a years-long …
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Cranford, NJ – The Cranford Police Department has taken proactive measures to prioritize pedestrian safety in the town. Their Traffic Bureau summer maintenance personnel have been diligently working this summer …
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(Reuters) -Media company Paramount Global, looking to reduce costs as it merges its Showtime and MTV networks, is letting go about 25% of the staff in its domestic cable networks, …
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NEW YORK (Reuters) – Shares of Paramount Global Inc, whose biggest stock holder is Warren Buffett’s Berkshire Hathaway, plunged lower on Thursday after the streaming giant cut its dividend and …
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By Jonathan Stempel and Dawn Chmielewski NEW YORK (Reuters) – The rights to stream “South Park,” the popular animated comedy featuring foul-mouthed children, is the subject of a new lawsuit …
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By Eva Mathews and Helen Coster (Reuters) -Paramount Global Inc will raise prices for its flagship streaming service in some markets this year, the CBS network owner said on Thursday, …
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By Helen Coster (Reuters) – Paramount Global expects its fourth-quarter advertising revenue to be lower than its third quarter advertising revenue, Chief Executive Officer Bob Bakish said at the UBS …
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PRETORIA (Reuters) – Private South African defence firm Paramount Aerospace Industries has received orders for nine of its Mwari aircraft – the first military aircraft to be designed and built …
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Assistant U. S. Attorney Oleksandra “Sasha” Johnson (619) 546-9769 SAN DIEGO – Jack Owuor, a resident of Paramount, California, was sentenced in federal court to 46 months in prison …
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(Reuters) -U.S. retailer Walmart Inc on Monday struck a deal with Paramount Global to offer Paramount+ streaming service to the subscribers of its membership program in a push to better …
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(Reuters) – Walmart Inc has held talks with media companies about including streaming entertainment in its membership service, the New York Times reported on Tuesday, citing people with knowledge of …
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By Daniel Wiessner (Reuters) – Paramount Global has agreed to pay $14.75 million to shareholders of the former CBS Corp in a proposed class action claiming the company’s failure to …
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Acquisition of National Tile and Stone Distributor Strengthens PGS Offering in Growing Commercial Flooring Market LOS ANGELES and MIAMI, April 1, 2022 — Platinum Equity portfolio company Paramount Global Surfaces (“PGS”) …
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By Helen Coster -ViacomCBS Inc and Seoul-based CJ ENM, the distributor of Oscar winning movie “Parasite”, have signed a content partnership agreement, the companies said on Tuesday, marking the Asia …