Paramount has commenced layoffs with US-based employees affected by the cutbacks set to be notified immediately. A memo from CEO Bob Bakish did not disclose numbers, but Deadline reports an estimated 800 staff will be axed. Bakish had confirmed the planned cutbacks at a Bob Live town hall event in January. At the end of […]
Data from Phenix reveals the streaming delays viewers in the US experienced during Super Bowl LVIII. Phenix measured the delays from the field-of-play to NFL+ mobile, CBS on YouTubeTV, CBS on Hulu+ Live TV, DirecTV Stream, CBS on fuboTV, Paramount+ and ViX / ViX+ clocking in at an average of over one minute across the […]
Barb has released data from its Establishment Survey showing that 18.8 million UK homes (65.4 per cent) had access to an SVoD service in Q4 2023, a decrease from 19.3 million (67.3 per cent) in Q3 2023. For the first time, Barb has shared the Netflix advertising tier estimate which is 1.45 million which equates […]
TRUE CRIME, the #1 factual entertainment channel in the UK amongst women 16+[1], part of a joint venture owned by AMC Networks International – UK and Paramount Global, has announced the premiere of a new, expert-led true crime original series offering an insight into recent murder investigations. Secrets of a Murder Detective (10×60’) was produced […]
Wonderhood Television, the TV arm of Wonderhood Studios, producing premium factual documentary and factual entertainment series, has announced two key promotions within Development and Operations. Former Head of Production, Lianne Hickey is promoted to new role as Director of Productions and Operations and former Head of Development; and Tom Garton is promoted to the newly created role of Director of […]
It seems like we’ve been waiting for ‘the other shoe to drop’ and someone to buy Paramount for a long time. Even the group’s own CEO holds staff ‘town halls’ openly discussing likely bids while enjoining them to concentrate on their jobs and his own growth plans. That will be a good trick, if they […]
Byron Allen, the US media mogul, has made a $14.3 billion (€13.2bn) bid to buy all of the outstanding shares in Paramount Global. The proposal, totalling $30bn funding, could see Allen Media Group (AMG) take on Paramount’s existing $15 billion of debt. “Byron Allen did submit a bid on behalf of AMG and its strategic […]
TGI Global Quick View 2024 data from audience measurement specialist Kantar Media, which surveys 80,000 people in 37 countries, shows that cost is trumping content as the most important criteria for consumers. Almost half of those surveyed rated subscription prices as a significant factor when choosing streaming services (49 per cent), while 43 per cent […]
International production company, BlackBox Multimedia, has optioned the yet-to-be-released blue sky thriller novel Bad Tourists by Caro Carver, and will adapt the book into a TV series. The news follows a monumental year for the company, having coproduced The Castaways and The Serial Killer’s Wife, a double bill of drama series for Paramount+ in 2023, […]
Bitmovin, a provider of video streaming infrastructure, has announced that the Recording Academy will once again use the Bitmovin Player to deploy and launch content to its global community of music fans for the 66th Annual Grammy Awards. The Bitmovin Player will be integrated with Nomad Media’s CMS to live stream one of the music […]