Advanced Television

paramount

Apollo offers $11bn for Paramount studio

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 […]

March 21, 2024

Paramount+ to roll out ad tier in Canada, Australia

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 […]

March 19, 2024

Paramount sells Viacom 18 stake

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 […]

March 14, 2024

Boat Rocket sells Beacon 23 to Prime Video, Paramount

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 […]

March 13, 2024

Paramount+ announces The Crow Girl

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 […]

March 11, 2024

Forecast: LatAm to add 55m SVoD subs

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 […]

March 7, 2024

Season 2 of Monster High debuts March 11

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 […]

March 7, 2024

Paramount+ profit surprise

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 […]

February 29, 2024

Paramount+ launching on Multichoice

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 […]

February 26, 2024

In Bloom anthology coming to Pluto TV, Paramount+

MTV Staying Alive Foundation, Paramount Global and the Bill & Melinda Gates Foundation, have announced the upcoming release of In Bloom. An anthology of five compelling short films spanning countries and cultures, In Bloom delves into the complexities of gender issues following characters on the brink of life defining moments, by choice or circumstance. The collection […]

February 26, 2024