Paramount, Skydance deal finally consummated

After near collapse, the duo finally crosses the finish line With several false starts and a near collapse, the Paramount-Skydance deal is finally done.  Announced Sunday evening, Paramount Global and Skydance finally agreed to merge in a two-step process: First, Skydance will purchase National Amusements – a company long held by the Redstone family for $2.4 billion and pay another […]

The Media Notepad: Stanley Cup Game 7 scores for ABC

Also: Kenya Moore out at Housewives; Fox and Sinclair team up for new syndicated true crime show; Paramount looking to sell assets Even though the recent NBA Finals naturally drew a larger audience on average, the excitement of the Stanley Cup Final was unparalleled as the series lasted seven games with historic implications. The Edmonton Oilers – who won four […]

Cable TV back? Disney, Warner Bros. announce bundling plan

Includes Hulu and but no word on if new sports streaming service is included In a move for their streaming services to become more economical for subscribers, The Walt Disney Co. and Warner Bros. Discovery announced Wednesday a plan to bundle their streaming services. Both plan to launch the bundle this summer with ad-supported and commercial-free tiers being offered. Notably […]

Bob Bakish out as CEO of Paramount Global

His position to be reconditioned as an “Office of the CEO” as company’s bid with Skydance hangs in the balance Coming as no surprise given the speculation surrounding his future was a hot topic all weekend, Paramount CEO Bob Bakish has stepped down. In his place, Paramount announced a new management structure called the “Office Of The CEO,” run by […]

The Media Notepad: Merit hooks up with TBN for distribution

Also: PBC heads to Amazon Prime; Paramount Global may be on sales block; Cord-cutting having an impact on Baltimore’s finances  More information was released last week about Dr. Phil McGraw’s new network Merit Street is relying on an old standby to distribute the network.  Trinity Broadcasting Network, who usually broadcasts non-secular fare, will air several hours of Dr. Phil’s new […]

The Media Notepad: Cubs, Marquee to launch direct-to-consumer service

Also: NBC Sports Chicago plans extensive NHL Draft coverage; Magnum P.I. canceled a second time; Paramount Plus guts lineup as sale rumors of the studio swirl  Soon, they’ll be some relief for Cubs fans who are shut out of watching their games if they don’t subscribe to a cable or satellite provider or Fubo. As first reported by the Sun-Times […]

It’s official: Big Ten signs new deals with Fox, CBS, NBC; freezes ESPN out

  Peacock to get big boost as number of games increases. Also: HBCU games go to CBS’ twelve non-primary affiliates  The reports were circulating but now it’s official: The Big Ten has re-upped with Fox Sports, while striking new deals with Paramount Global  and Comcast’s NBCUniversal for CBS and NBC/Peacock, respectively as first reported by Sports Business Journal. The Fox […]

ViacomCBS rebrands as Paramount Global

The “V of Doom” officially dies as Viacom name is retired after 51 years as focus shifts to streaming During an investor event conference call on Tuesday, ViacomCBS announced a rebrand of its entire company as it becomes Paramount Global, though its being referred to as simply Paramount (the name and website domain of Paramount Global was already taken by […]

Rewinding media in 2021: You just can’t explain it

  Popularity isn’t exactly overrated as 2021 ends a wild year in media Like mystery of the sphinx or crop circles, you just can’t explain the continued popularity of certain things despite questionable changes. After the firing of Mark Giangreco and seemingly public disdain for one of her former co-anchors, ABC 7 remains on top of local Chicago news ratings, […]

The Media Notepad: WGN-TV’s new “Daytime Chicago” a hit

Also: Paramount Plus adds new streaming channels; Pictionary gets green light for full-time series; Jussie Smollett found guilty Newsflash: There is a new hit on linear TV not named Ghosts or Law & Order: Organized Crime. In fact, it’s not even in primetime – and it’s local.  It’s WGN-TV’s new morning show Daytime Chicago, and it pulled out a ratings […]

Partying with a Chicago aunt

Netflix’s new Chicago Party Aunt is creating a lot of buzz Over the years, we were treated to jokes regarding all the number of Chicago shows Dick Wolf has created for NBC: Chicago Fire, Chicago P.D., and Chicago Med. What’s next? Chicago Sanitation Department? Chicago Animal Control?  Well, how about Chicago Party Aunt?  For once, we have a show with […]

“South Park” snares blockbuster ViacomCBS deal

Veteran animated series renewed for at least sixty more episodes over six years AND fourteen movies With South Park airing on another streaming service, there had to be some kind of way to get the show’s content on ViacomCBS’ Paramount Plus. After all, the show has been home to Comedy Central since 1997, also owned by ViacomCBS. Well, how about […]

FCC ownership rules now law of the land

  Gives media companies more tools to build scale The broadcast industry is getting a boost now the federal register has published the FCC rules, upheld by the Supreme Court in an unanimous decision in April.  Effective as of Monday, the rule changes eliminates the newspaper/cross-ownership rule in place since 1975; the mandate eight television stations must remain after two […]