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Regular Nick Shorts: Netflix To Premiere 'The Casagrandes Movie' In 2024, Spider-Man’s Restarting High School In This Upcoming Disney+ Cartoon And Marvel Studios Unveils Black Panther Prequel Eyes Of Wakanda
News Shorts: South African Artist Zahara Has Died At The Age Of 35, 2 Good 2 Be True Makes A Landing On Novelas E Plus And Becky G To Headline Upcoming Drama Series From Peacock
South Africa has lost another icon
Regular Nick Shorts: ALVINNN!!! And The Chipmunks Wraps Production On Nickelodeon, Classic 80s Game Monster In My Pocket Is Being Transformed Into A Live-Action Series And Toyline RoboForce Is Getting An Animated Series
Head Into The Holidays With Great Prizes And The Best Shows From Cartoon Network And Cartoonito Africa
Paramount Executives Could Be Exploring Selling Off Parts of the Media Company
Last week, the media company filed an 8-K form with the U.S. Securities Exchange Commission that said top executives like CEO Bob Bakish, CFO Naveen Chopra, and executive vice president Christa D’Alimonte could get severance if they’re let go within two years “following the consummation of a change in control.”
On Monday, the Professional Fighters League (PFL) completed its purchase of Paramount’s Mixed Martial Arts company, Bellator. The deal was announced after Paramount said it was shuttering its Showtime sports division at the end of the year.
This year, “significant buyer interest” has seen Paramount’s stock to climb, according to Yahoo!Finance. Due to its smaller size, Paramount has historically been viewed as a potential acquisition target.
Paramount, like a majority of streaming services, has been struggling over the last few years. The loss of high viewership amid the pandemic in 2020, rising inflation rates, and increasing competition from other streamers has forced media companies to pare down workforce numbers, anticipate financial losses, and raise service prices.
The media company has taken a number of steps to keep itself afloat including relieving itself of “non-core assets.” For example, Paramount completed its sale of publishing company Simon & Schuster to investment firm Kohlberg Kravis Roberts last month. Rumors also suggest Showtime and BET Media Group could be for sale in the future.
Last month — before the actors strike resolved — Bakish said Paramount would continue to license content beyond its own channels, Advanced Television reported. As an example, Paramount unveiled a multi-year deal with Greek pay-TV service Cosmote TV.
Bakish said content licensing provides “a robust supply of content from diverse creatives to entertain consumers” and anticipates that Paramount will begin to recoup streaming losses next year.
Noggin Will Cut The Ribbon On Its Nogginville World Next Month
Afrikaans Voice Actors For Wie Laaste Lag
Friends, Lovers, and the Big Terrible Thing: A Memoir (PDF)
The Fog Of Courage | Courage The Cowardly Dog | Cartoon Network
When Courage finds a mysterious amulet while digging through the yard, a Ghostly Fog covers the farm. Eustace, however, refuses to return the amulet that apparently belongs to the Fog Ghost's long lost love, Cariana. Now Courage must protect his family from the vengeful fog spirit.
