Comes as new Paramount owner Skydance takes over Thursday Paramount-owned BET announced on Wednesday that it was “indefinitely suspending” the BET Hip-Hop Awards and The Soul Train Music Awards, as the Black-oriented network is figuring out what to do with them. “So for BET linear, we have suspended the Soul Train and Hip-Hop award shows”, BET President Scott Mills told […]
Comes after the network agrees to concessions [Editor’s note: This post was updated July 25.] After months of waiting, the FCC has officially approved the Skydance-Paramount merger, which will bring changes to the nation’s most prestigious television network. Technically, the FCC approved the transfer of 28 FCC licenses of CBS stations to Skydance. CBS operates stations in eight of the […]
Comedy Central’s signature show moves to Paramount Plus domestically After a contentious back-and-forth with a lot of insults thrown, South Park creators Trey Parker and Matt Stone and their South Park Digital Studios agreed to a new five-year, fifteen billion dollar deal with Paramount Global, bringing the entire library exclusively to Paramount Plus. Paramount Plus will offer next-day new episodes […]
Is the move politically motivated? Colbert was a frequent Trump critic In a stunning move, CBS announced Thursday it was ending The Late Show franchise after 33 years and getting out of the late-night business entirely, claiming the decision was made due to “financial decisions.” Current CBS late-night host Stephen Colbert announced before The Late Show began on Thursday. During […]
Dominated by procedurals, the schedule features four comedies on the lineup Despite winning the total viewership crown for the seventeenth consecutive season, the 2024-25 season has one to forget for CBS, which is battling President Trump over whether 60 Minutes defamed him, and the continued limbo the Paramount-Skydance deal is in as the FCC is continuing to investigate the […]
Conflict could impact ABC-owned stations, including ABC 7 The battle between Sony and Paramount Global’s CBS is heating up as the syndicator is looking to take control of the distribution of Wheel of Fortune and Jeopardy! – maybe as soon as next week. On Monday, CBS Media Ventures received a letter from Sony Pictures Television stating that they were taking […]
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 freefall continues for WBEZ while turmoil reigns supreme The tensions between union members of WBEZ and Sun-Times and management continue to escalate as they recently cast a vote of “no confidence” in supposedly soon-to-exit CEO Matt Moog, with 96 percent of those taking part not happy with his performance. In a letter sent to the Chicago Public Media’s Board […]
Future uncertain for the studio A merger between Paramount Global and Skydance has collapsed as controlling company National Amusements has ended talks. National Amusements, Inc. (NAI) is the controlling shareholder of Paramount Global, owned by Shari Redstone, daughter of the late Sumner Redstone, who ran NAI and controlled the former Viacom. She reportedly had a deal with Skydance, run by […]
Paramount, Skydance advance merger talks; Iger survives Disney proxy board vote The fallout continues from the decision to lay off fourteen employees at WBEZ and Sun-Times owner Chicago Public Media last Wednesday, with a Chicago alderperson from the city’s 49th Ward on the far North Side being the latest to weigh in. “Seeing the increases, seeing the benefits, and then […]
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