NBC Universal spinning off cable networks into new company

Cable networks such as USA Network and E! under new ownership by 2026  With the business in freefall, Comcast Corp. has decided to part ways with its cable networks.  As hinted a few weeks ago, Comcast announced Wednesday it is spinning off its cable networks from its NBCUniversal into a new company. Tentatively titled SpinCo (we hope it’s a temporary […]

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 […]

Report: The CW is up for sale with Nexstar the leading suitor

Possible sale could reunite network with company’s WGN-TV  According to a Wednesday night report from The Wall Street Journal, AT&T and ViacomCBS are exploring a sale of The CW and according to sources, Nexstar is the leading suitor to buy the network. As of an owner of 197 stations, Nexstar owns more CW affiliates than any other group, including the […]

Detroit’s WWJ-TV gets back in the news game

CBS-owned station was one of only two Big 3 network affiliates in the 50 largest markets without a local news operation After nearly twenty years without local news, WWJ-TV is back in the business, launching a new hyper-local effort in late summer/early fall of 2022 with the operation being branded as CBS News Detroit. Reflecting the sign of the times, […]

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 […]

The Media Notepad: NBC 5’s Andy Avalos retires; Alicia Roman promoted to morning shift

Also: Young Sheldon adds TBS home; Rick Dees becomes voice of RewindTV; Dish and Sinclair avoid blackouts – for now  Veteran meteorologist Andy Avalos announced his retirement on Friday after 33 years on Chicago television. Starting on August 30, fellow NBC 5 (WMAQ) meteorologist Alicia Roman is taking over Avalos’ spot on the morning newscast from 4-7 a.m. She’s been […]

“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 […]

CBS New York makes history with GM promotion

Johnny Green Jr. becomes first African-American in position in WCBS’s history ViacomCBS announced Wednesday the promotion of interim news director Johnny Green Jr. to president and general manager of WCBS-TV, the CBS flagship station in New York City, becoming the first Black executive to hold the title at the CBS-owned station.  “Since returning to CBS nine weeks ago, I have […]

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 […]

AT&T, Discovery announce blockbuster merger deal

  Plans to merge assets with WarnerMedia to spinoff to own company Here we go again.  Sunday morning, Bloomberg published a report stating Discovery Communications and AT&T’s WarnerMedia would be merging assets, marrying Bugs Bunny and Friends with Oprah Winfrey and Chip and Joanna Gaines.  The news was made official Monday, with AT&T spinning off those assets into a new, […]

The NFL completes media deals

Blockbuster pacts include new deals for streaming Just a week after the NHL announced a return to ESPN/ABC, the NFL announced Thursday it completed its television deals.  While nothing really earth-shattering (Fox stunning the world in 1994 by grabbing the NFL from CBS or Monday Night Football moving to cable), the new deals does send a message – streamers have […]

The Mountain Of Entertainment unveiled: Paramount + is here

36 original series; changes to subscription structure from CBS All Access [Editor’s Note: This story was updated on March 5. – T. H]  ViacomCBS officially jumped into the streaming wars this week with their three-hour upfront-like Paramount + presentation Wednesday afternoon, unveiling a slog of programming with a whopping 36 original series and tons of specials all set to launch […]

CBS Television Distribution rebrands as CBS Media Ventures

New name reflects additional responsibilities in addition to selling to TV stations After fourteen years as CBS Television Distribution, ViacomCBS’ syndication arm announced Monday it was rebranding as CBS Media Ventures. The decision to rebrand comes as the company feels it’s more than just a syndicator serving traditional TV outlets but also to streamers and creating digital content and running […]

ViacomCBS’ cable networks snares “Young Sheldon” syndication rights

Starts November 30 on Nick at Nite; rights are non-exclusive Signaling the sign of the times in the television business, ViacomCBS’ cable networks acquired the linear syndication rights to Young Sheldon from Warner Bros. Domestic Television Distribution for an unknown sum, announced in August. But to show you how far recent off-network sitcoms have fallen in the marketplace, the news […]