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On May 9, 2023, Paramount restructured its U.S. domestic network business. [34] Near the end of 2023, Paramount announced that the mobile apps for Nickelodeon, Nick Jr., MTV, Comedy Central, Paramount Network, and Showtime would cease operations at on January 31, 2024. The reason was to encourage users to sign up for Paramount+.
The 2019 merger of CBS Corporation and Viacom was announced on August 13, 2019, and was completed on December 4, 2019. The merger of equals reunited CBS Corporation and Viacom into a single company known as ViacomCBS (today known as Paramount Global) after their separation from the first incarnation of Viacom on December 31, 2005.
Paramount+ is making it a little cheaper for its subscribers of a certain age to watch its programming. The streamer on Wednesday announced an “exclusive streaming benefit” for AARP members ...
ViacomCBS will change its corporate name to Paramount as of Feb. 16, calling the move an effort to adopt “an iconic global name” to reflect the conglomerate’s increasingly worldwide focus.
Viacom had also exercised a contractual clause that forced Chris-Craft Industries to either buy Viacom out of UPN, or have the former sell its ownership stake in the network to Viacom. On March 20, 2000, Chris-Craft allowed Viacom to buy out its 50% stake, giving Viacom full control of the network. [ 31 ]
Jeff Glor, known for his work on CBS Saturday Morning and as a CBS News special correspondent, is no longer with the network as part of layoffs by Paramount Global.. Puck News was the first to ...
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.
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 ...