UK commercial PSB Channel 5 and its free streaming service, My5, will relaunch in 2025 under a unified parent brand of 5 across linear, streaming and digital platforms – giving its audience access to its range of programming and content, wherever and whenever they want it. As part of the relaunch as 5, the free streaming […]
Barb has released data from its Establishment Survey showing that 20 million UK homes (68.7 per cent) had access to a subscription video-on-demand (SVoD) service in Q2 2024. This is a slight increase from 19.5 million UK homes (67.9 per cent) in Q1, and the first time more than 20 million UK homes report having […]
Paramount Television Studios is shutting down after Paramount Global began the latest round of cost-cutting ahead of the expected merger with Skydance Media. The company is looking to make some $500 million (€453.5m) in cuts and already laid off approximately 800 staff back in February. “This has been a challenging and transformative time for the […]
Throughout 2023 and now 2024, we have seen how competitive the climate is for streaming services. Netflix still leads the pack, while many production companies that threw their hat into the ring have now capitulated or merged with larger entities. Paramount may be the latest, but it’s just one of four other streamers battling for […]
Paramount Global’s shares jumped 6 per cent as investors were upbeat at the media group’s streaming business, even as the company joined rival Warner Bros Discovery in writing down the value of its TV assets. Paramount took a Q2 impairment charge of $5.98 billion on its cable networks. Full year revenue dropped 11 per cent […]
Paramount+ UK and MTVE Studios have announced the lineup for the naked reality series, Dating Naked UK, set to premiere on August 23rd and hosted by Rylan Clark. The first-of-its kind series, produced by Nest Productions, celebrates love, body confidence and the braveness to bare all. The ten naked singletons take their search for love to […]
Kantar, the evidence-based insights and consulting company, has released its latest Entertainment on Demand (EoD) data on the UK’s streaming market. Disney+ took the top spot from Apple TV+ for new subscriptions in Q2 2024 with a 19 per cent share, whilst Netflix’s Baby Reindeer was identified as the most enjoyed series in the quarter. […]
We have a deal, say Paramount and Skydance, and this time it will stick. Shari Redstone got a slightly sweeter price and proved she was no pushover, just in case anyone thought she was. That’s the trouble with being the 2.0 in a dynasty, everyone, and I mean everyone, assumes you only get to run […]
Skydance Media and Paramount Global have entered into a definitive agreement to form ‘New Paramount’ – a next-generation media and technology leader, through a two-step transaction including the acquisition of National Amusements Inc (NAI), which holds the controlling share stake in Paramount, and subsequently a merger of Skydance and Paramount Global. The transaction combines the […]
Paramount has resumed merger talks with Skydance Media just weeks after an earlier deal fell apart at the last hurdle. The renewed bid from Skydance included a higher offer of $177 billion (€162bn) to get the deal done. Shari Redstone, who controls Paramount, abruptly ended negotiations in the first go-around in mid-June. David Ellison, the […]