Paramount, Home To MTV And Nickelodeon Reportedly Up For Sale or Merger

Recently, Paramount, the parent company of Nickelodeon and Paramount+, has been looking to sell some of its assets and make cuts to others. Now, according to a report from CNBC, Shari Redstone, president of National Amusements and controlling shareholder of Paramount Global, is open to a merger or selling the company if the price is right.

Shari Redstone owns roughly 80% of Paramount Global voting stock and was reportedly the main force behind merging CBS and Viacom back in 2019. That merger resulted in the company we now know as Paramount.

Paramount holds a lot of assets that would attract many potential buyers. Its local affinities and the CBS network alone are highly attractive, especially for their NFL contract. However, the company has a lot more to offer, including Nickelodeon, Paramount+, MTV, Pluto TV, Comedy Central, Showtime, and more. This also includes popular shows and franchises like SpongeBob SquarePants, Star Trek, South Park, and more.

In recent years, most media companies, including Paramount, have been struggling with the growth of  cord cutting. Paramount’s market capitalization has reportedly dropped to $7.7 billion as 2023 hit many media companies hard. That is the lowest level it has been at since the 2019 Viacom and CBS merger. That drop could make the company a target for a merger or a sale.

According to CNBC’s sources, any potential deal for Paramount would have to be at a good price or the Redstone family wouldn’t accept it. Exactly what that price is was not disclosed in the report.

Paramount has a lot going for it right now, with Paramount+ hitting 61 million subscribers, a number that other major streaming services could only dream of. It also has very lucrative sports deals, including the NFL, March Madness, and a new deal with the Big Ten that will see more college football and basketball games on CBS. This could help Paramount outlast any further drop in the market, but it also makes it very attractive to potential buyers.

Some outsiders have said they believe Paramount is too small in the long run, though, to compete with Disney, Warner Bros. Discovery, NBCUniversal, and a growing number of streaming companies like Amazon along with Apple. Even with its large catalog of shows and networks Paramount is facing massive companies like Disney and the newly merged Warner Bros. Discovery.

For years we have heard predictions that there would be consolidation in the market because of cord cutting. Disney’s deal to buy 21st Century Fox was likely only the start of what could be a number of big mergers. We also saw Discovery and Warner Media merge recently. Now, there are rumors that Warner Bros. Discovery and even NBCUniversal could be interested in buying up some or all of their competitors. Could that mean they are looking at Paramount? For now, we will have to wait and see.

Colombian Actress Alejandra Villafañe Who Starred In The Chosen Granddaughter And Nurses Dead At 34

On the afternoon of Saturday, October 21, the world of Colombian show business and entertainment was shocked after learning of the death of actress Alejandra Villafañe due to severe cancer that had been afflicting her for a few months. 

You may be interested in: Alejandra Villafañe's boyfriend announced a tribute to the actress: 

“The only thing left to do is honor her life” After her departure, her boyfriend, also an actor Raúl Ocampo, decided to say goodbye to her with a short but heartfelt dedication through social networks, where he also He shared several photographs of the last moments he lived with Alejandra. 

Ocampo accompanied his girlfriend Alejandra Villafañe until her last moments of life on Instagram. In the photographs revealed by the actor who played Carlos in the production Café con Aroma de Mujer, they reveal the love that united them and how Ocampo and Villafañe enjoyed his last moments alive. 

Almost immediately, the comment box of the publication made by the artist was filled with messages of condolence, support and solidarity from family, friends, colleagues and followers of the couple, who also wished them a lot of strength for the difficult time they are now going through. 

Juliette Pardau, Lorna Cepeda, Verónica Orozco, Carla Giraldo, Natalia Jerez, Carlos Torres, among others, expressed their pain and mourning over the death of the 34-year-old actress. It is worth mentioning that before confirming the news that mourns the acting world, Raúl Ocampo rode a bicycle and went up to the traditional Patios sector, in La Calera, as he showed in his stories, because he has always shown that this sport is another of his passions. 

Disney Africa And LIFT Unveil Plane Livery This Holiday Season

The Walt Disney Company Africa and LIFT today unveiled a co-branded celebratory aircraft livery to kick-off Disney’s biggest festive campaign to date in South Africa, “May Your Wishes Come True”.

The livery features some of the most iconic and memorable characters from Disney, MARVEL and Star WarsTM, including: Disney’s Mickey and Minnie Mouse, Moana, Black Panther, GroguTM, Elsa, Spidey. A brand new character also makes an appearance, Asha, from Walt Disney Animation Studios’ upcoming “Wish", which releases in cinemas nationwide from 22 November. The Disney inspired plane (tail number ZS-GAS) will appear in South African skies and at airports from 20 October and service routes between Johannesburg, Cape Town and Durban.

On board, customers can expect special Disney and LIFT surprises, as well as kiddies activity packs to make flying with little ones a breeze during the busy holiday season, with giveaways and more treats. The excitement won't stop there, because LIFT has additional surprises between 1 and 12 December for lucky travelers on select flights, as South Africans get ready for the festive season.

Fans and travellers who spot or travel on the Disney-inspired Plane can share their pics on social media, using the hashtag #DisneyandLIFT and tagging @DisneyAfrica and @LIFT__SA.

Says Christine Service, Senior Vice President and General Manager of The Walt Disney Company Africa: "To mark our 100th year anniversary (16 October 2023), The Walt Disney Company is celebrating the fans and storytellers who have sparked the joy and magic that embodies Disney over the last century. We hope that this exciting and unique collaboration with LIFT will bring delight to travellers of all ages this holiday season as we mark this milestone anniversary.”

Says Luke Roberts, General Manager, Consumer Products, Games and Publishing, The Walt Disney Company Africa; “Rolling out in stores nationwide from November, “May Your Wishes Come True” is Disney’s biggest retail campaign to date. With the holiday season approaching and “Wish” releasing in cinemas nationwide from 24 November, we are inspired by the universal truth of wishing to be together at this special time. This collaboration with LIFT truly celebrates this togetherness with families and fans.”

Says Jonathan Ayache, CEO of LIFT.: “As a beloved family brand, Disney is a perfect fit for LIFT. With our new livery, together we celebrate the love, magic and family togetherness that signals the festive season. We’re proud to link arms with Disney, through this collaboration, our hope is to ignite a sense of fun, wonder and excitement for the whole family during the upcoming season of school holidays and family celebrations.”

Customers can visit www.lift.co.za to book flights and stand a chance of flying on the #DisneyandLIFT aircraft. Travellers aboard the airline will continue to enjoy all the perks LIFT has to offer including complimentary snacks, coffee from vida e caffè and extra-friendly service from the stylish cabin crew. LIFT has flexible flight changes with unlimited penalty-free changes and no cancellation fees up to 24 hours before departure.

From November, Disney’s “May Your Wishes Come True” will offer the perfect opportunity to stock up on those gifts for every member of the family – from stocking fillers, toys, apparel, books and so much more – featuring the very latest and greatest from Disney, Pixar, Marvel and Star Wars. With much more to share, this festive season is set to be an unforgettable one as we wish together for the holidays.

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BBC Children’s Has Ordered A Trio Of New Shows For CBeebies and CBBC (BBC Kids)

For CBeebies, the pubcaster has commissioned Mojo Swoptops (52 x 11 minutes) from Blue Zoo and Tararaboom. The CG-animated preschool series stars an anthropomorphic vehicle who solves the problems in his local community by literally donning new headgear, such as helicopter blades. The series is based on Cindy Black’s book series of the same name.

CBeebies has also greenlit the animated series Rafi the Wishing Wizard from BBC Studios Kids & Family Productions, about a family of modern-day wizards who face the challenges of living in a bustling city.

And for the six-to-12 demo, CBBC has ordered Black Dog Television’s Pickle Storm (10 x 22 minutes), a live-action series about the adventures of a nine-year-old who has to leave his fantasy world and seek refuge in the UK.

In renewal news, CBeebies has reupped Maramedia’s

animated/live-action preschool series Olga da Polga (13 x 11 minutes) for a second season. It’s about an eight-year-old girl, her family and her pet guinea pig, and is based on a book series by Michael Bond (who is better known as the creator of Paddington Bear.)

CBBC has also renewed 9 Story Media Group’s A Kind of Spark for a second season. Based on the same-name book by Elle McNicoll, the series premiered on CBBC in April. Season two will continue the story of Addie, a neurodivergent 11-year-old girl who solves mysteries.

The BBC has been busy adding content to CBeebies and CBBC lately. Just last week, the pubcaster ordered a Hey Duggee preschool spinoff from Studio AKA called Hey Duggee’s Squirrel Club (26 x seven minutes), as well as renewing the original series for a 20 x seven-minute fifth season. And earlier this month, the broadcaster partnered with Toronto-based Sinking Ship Entertainment to produce a UK version of the live-action series Odd Squad (12 x 30 minutes).