Film studio Skydance is reportedly in advanced, exclusive negotiations to acquire Paramount in a deal valued around $26 billion – $27 billion. Skydance CEO David Ellison is said to have been meeting with Shari Redstone – whose family’s privately owned cinema group holds 77 per cent of Paramount’s voting stock – and has also met […]
Private equity firm Apollo Global Management has reported offered $11 billion for Paramount Global’s Paramount Pictures film studio, according to Reuters. The film studio is considered the jewel of the Paramount media conglomerate, with an expansive movie library that is home to blockbuster franchises like Mission: Impossible, Star Trek, The Godfather and Transformers. . Shari […]
Paramount+, the SVoD service from Paramount, has announced launch timing and pricing for its international ad-supported subscription offering, the ‘Basic (with ads)’ plan. The plan will roll out in April in Canada and in June in Australia, priced at C$6.99 and A$6.99, respectively. The Paramount+ ‘Premium’ plan will also roll out in Europe, beginning with […]
India’s Reliance Industries has announced a deal to acquire Paramount Global’s 13.01 per cent stake in indian entertainment network Viacom 18 Media for IDR 42.86 billion (€472.4bn), according to Paramount’s regulatory filing. Viacom18 is majority-owned by Reliance and has 40 television channels, including Comedy Central, Nickelodeon and MTV. Paramount said it will continue to license […]
Boat Rocker, the independent entertainment company, has announced a raft of international sales of its scripted sci-fi thriller series, Beacon 23, starring Lena Headey and Stephan James, to leading broadcasters and streamers, including Prime Video (Canada, Australia, New Zealand, and Sub-Saharan Africa) and Paramount (UK and Ireland). Produced and distributed globally by Boat Rocker, the […]
Paramount+ UK & Ireland has announced the commission of a new original UK drama series The Crow Girl (6 x 60”), with Eve Myles, Katherine Kelly and Dougray Scott cast in the lead roles. From Emmy-winning creative team Buccaneer (Irvine Welsh’s Crime, Marcella) and adapted from the trilogy of novels by Erik Axl Sund, The Crow Girl […]
Latin America will have 165 million SVoD subscriptions by 2029, up from 110 million at end-2023, according to the Latin America OTT TV and Video Forecasts report from analyst firm Digital TV Research. Brazil will provide 59 million SVoD subscriptions by 2029, with Mexico bringing in a further 43 million. Seven US-based platforms (Netflix, Prime […]
Mattel and Nickelodeon have announced that the second season of the hit animated series Monster High will premiere on March 11th at 2:00 p.m. (ET/PT) on Nickelodeon in the US. Everyone’s favourite boo crew will meet more fangtastic friends, fiends, and families, and face spookier challenges in the haunted halls of Monster High! All-new episodes […]
Paramount Global has reported revenues down YoY in Q4, but the studio saw notable streaming gains. Paramount+ reached 67.5 million subscribers during the quarter, a net increase of 4.1 million, and recorded 69 per cent revenue growth YoY. The company said it expects to achieve profitability for the SVoD service by 2025. Subscription revenue grew […]
Paramount Global Content Distribution has announced a licensing deal with MultiChoice to create a new Paramount+ destination on the African continent. The hub will offer African audiences direct access to a range series and movies from CBS, Paramount+ Originals, Showtime and Paramount Pictures, and marks the debut of the Paramount+ brand in pan-Africa. “The expansion […]