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Paramount Global’s CFO said the company will take a $1.3 billion to $1.5 billion hit in the current first quarter mostly on content as it restructures its streaming business, absorbing Showtime ...
Showtime, also known as Paramount+ with Showtime (with "Showtime" being the former name of its main channel from 1976 to 2024, but still used for certain marketing and channel branding contexts), is an American premium television network and the flagship property of Showtime Networks, a sub-division of the Paramount Media Networks division of Paramount Global.
The show is over for Showtime as a standalone brand. As of Jan. 8, 2024, Paramount Global will rebrand the linear Showtime cable network as Paramount+ With Showtime — the same name as the ...
On December 31, 2005, American mass media company Viacom split into two companies: the second CBS Corporation, its successor (the first being a short lived rename of Westinghouse Electric) which held the namesake flagship channel CBS, CBS News, CBS Sports, Showtime Networks, UPN (merged with The WB to form the CW, co-owned by Time Warner), Smithsonian Channel, Channel 10, PopTV, Simon and ...
After the merger, Showtime originals like Yellowjackets and Billions will be available to stream via Paramount+, and the current Showtime streaming app will be discontinued.
By July 2, 2024, Skydance reached a preliminary agreement to acquire National Amusements and merge with Paramount. [16] Meanwhile, Paramount reportedly entered talks for a sale of BET Media to buyers led by CEO Scott Mills for $1.6-$1.7 billion. [17] On July 7, 2024, Paramount's board approved the deal to merge with Skydance.
Showtime Arabia – 21%; co-owned with KIPCO; merged with Orbit Communications Company to form Orbit Showtime Network; Simon & Schuster – sold to KKR & Co. Inc. in 2023 [31] Sundance Channel (now Sundance TV) – sold to Rainbow Media (now AMC Networks) in 2008; Telemeter — spun off in 1966 after Gulf+Western bought Paramount; shut down in 1969