Sarudzayi Marufu, executive producer and founder of Euras Films, has warned that M&A deals in the US media and entertainment sector could significantly harm the financial viability of grassroots film productions in the UK. Marufu’s statement follows Sony’s $26 billion bid for Paramount, which if successful, would make the Japanese conglomerate a majority shareholder. Paramount […]

Moonbug Entertainment, a part of Candle Media, has announced the appointment of Manuel Reveiz as the company’s new head of distribution and partnerships, Latin America. Reveiz will be responsible for building Moonbug’s presence and long-term growth in Latin American countries, connecting hit Moonbug shows like CoComelon, Blippi and Little Angel to more families in the […]

Amdocs, a provider of software and services to communications and media companies, has announced that Vubiquity, an Amdocs company, has been selected by Paramount Global to assume all operational activities and management of affiliates for MTV in Japan under a new licensing agreement. Vubiquity will be responsible for all aspects of operations for the MTV […]

Sony Pictures Entertainment and Apollo Global Management have reportedly made a $26 billion (€24.2bn) bid for Paramount Global. The two companies have submitted a non-binding offer letter, signed by Sony Pictures Chief Executive Tony Vinciquerra and Apollo partner Aaron Sobel, according to the WSJ. Paramount’s shares rose 12 per cent on the news. News emerged […]

The Paramount logo is a mountain with a coronet of stars. Its sale still has a mountain to climb and the final outcome – pre-deal or post – is likely to be the current contenders, and others, picking and choosing between those star divisions of the business. When the movie (low budget straight to streaming) […]

AdImpact, the advertising intelligence company analysed ad impressions for US streaming platform providers from Q1 2023 through Q1 2024 to understand the advertising marketplace for streaming platforms in advance of the 2024 Upfronts, providing marketers a view into the performance of potential streaming partners. The report found that Paramount+ had the highest amount of overall […]

The Board of Directors of Paramount Global has announced that – as expected – Bob Bakish, President and CEO, is stepping down from his role as CEO and from the Board of Directors. To lead and oversee the company moving forward, Paramount Global has established an Office of the CEO, consisting of three senior company […]

Bob Bakish, Paramount Global CEO, is reportedly set to resign – or be ousted from the company – amid tensions as the company explores a merger. The media conglomerate is currently in a 30-day exclusive negotiating period with Skydance Media, who have partnered with investment firms RedBird Capital and KKR to acquire Paramount controlling shareholder […]

Paramount+ has announced that the upcoming docuseries Lolla: The Story of Lollapalooza will premiere exclusively on the service in the US and Canada on May 21st and on May 22nd in the UK, Australia, Latin America, Brazil, France, Germany, Switzerland and Austria. Directed by Michael John Warren and executive produced by James Lee Hernandez and Brian […]

Pluto TV, the free ad-supported streaming television service, is providing South Park fans around the globe with a new way to enjoy the hit franchise, as the platform launches a special category dedicated to the celebrated animated series. Starting this April, Pluto TV will build on the franchise;s success on the platform, offering viewers an […]