#Tongues wagging over Shari Redstone meeting with Comcast

#Tongues wagging over Shari Redstone meeting with Comcast

“#Tongues wagging over Shari Redstone meeting with Comcast” SUN VALLEY, Idaho — Media tongues are wagging about what potential streaming collaborations might be brewing in the wake of this week’s Allen & Co. conference for tech and media moguls. The powwows between media bosses at the Sun Valley confab reached a new level of intensity…

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#ViacomCBS beats profit forecasts on Super Bowl ads, streaming revenue

#ViacomCBS beats profit forecasts on Super Bowl ads, streaming revenue

“#ViacomCBS beats profit forecasts on Super Bowl ads, streaming revenue” ViacomCBS, the home of “SpongeBob,” “Star Trek” and “Billions,” beat Wall Street’s first-quarter estimates, thanks to strong streaming revenue and advertising sales due to its broadcast of this year’s Super Bowl. ViacomCBS said it added 6 million new streaming subscribers to both Paramount+ and Showtime,…

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#Neeraj Khemlani and Wendy McMahon to co-lead CBS News

#Neeraj Khemlani and Wendy McMahon to co-lead CBS News

“#Neeraj Khemlani and Wendy McMahon to co-lead CBS News” ViacomCBS has tapped two media executives to oversee its unit responsible for shows like “60 Minutes” and “CBS This Morning” with Gayle King. The owner of MTV and Nickelodeon named Hearst executive Neeraj Khemlani and former ABC exec Wendy McMahon as co-presidents of CBS News, taking over…

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#CBS News president Susan Zirinsky reportedly stepping down

#CBS News president Susan Zirinsky reportedly stepping down

“#CBS News president Susan Zirinsky reportedly stepping down” CBS News president Susan Zirinsky is reportedly nearing a deal to step down after just two years at the top and ink a wide-ranging production partnership with parent company ViacomCBS. Zirinsky has been president under a short-term contract and is expected to remain in the role until…

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#Shares of Discovery, ViacomCBS fall on Wells Fargo downgrade

#Shares of Discovery, ViacomCBS fall on Wells Fargo downgrade

“#Shares of Discovery, ViacomCBS fall on Wells Fargo downgrade” Shares of Discovery and ViacomCBS tumbled on separate downgrades from Wells Fargo on Friday, as analysts expressed concerned that the media companies’ recent gains may be overblown. In early-day trading, ViacomCBS saw its stock sink more than 12 percent, to $57.76, as shares of Discovery plunged…

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#ViacomCBS shares tumble after announcement of B stock sale

#ViacomCBS shares tumble after announcement of $3B stock sale

“#ViacomCBS shares tumble after announcement of $3B stock sale” Shares of ViacomCBS tumbled over 15 percent Wednesday after the media giant announced pricing of its $3 billion stock sale. The company, which launched the Paramount Plus streaming service earlier this month, said it will use the stock sales to fund its “investment in streaming.” ViacomCBS, which…

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#’Rugrats’ revival to include original voice actors

#’Rugrats’ revival to include original voice actors

“#’Rugrats’ revival to include original voice actors” Nickelodeon’s hit children’s show “Rugrats” is making a comeback — this time on Paramount’s new streaming service, the studio announced Wednesday. The show — which previously ran for nine seasons over 13 years on Nickelodeon before being canceled in 2004 — will reprise its original cast in their…

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