CBS Sports Sells MaxPreps to PlayOn in Youth Sports Media Shuffle
Nine months after being put on the market, MaxPreps has a new home. PlayOn announced that it has bought the long-running prep sports media platform from Paramount’s…
Paramount
Paramount Streaming Losses Slow Ahead of Skydance Merger
As Paramount continues to make the transition from a TV-first model to a business where streaming is expected to do much of the heavy lifting, the legacy medium remains…
YouTube TV at Risk of Losing Rights to March Madness Channel
UPDATE: YouTube TV and Paramount announced “a short-term extension” on Thursday, Feb. 13, that will keep the channels available to subscribers as the two sides continue…
Fubo Butterfly Effect May Hinder Bronfman Paramount Plan
Edgar Bronfman Jr.’s $4.3 billion bid for Paramount Global is designed to one-up Skydance Media’s proposal to merge with Shari Redstone’s media empire, but the 11th-hour…
Paramount Takes $5.98 Billion Write-Down on Cable Networks in Q2
Paramount Global said its looming merger with Skydance Media spurred a goodwill impairment charge of $5.98 billion in its second quarter, the latest warning sign for a…
Sporticast 360: NFL Teams Make $400M+ Before Tickets, Concessions
On the latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including the $8 billion…
Paramount and Skydance Will Beef Up CBS’ Sports Portfolio
Skydance Media’s $8 billion merger with Paramount Global will be marked by consolidation’s usual blitz of cost-cutting measures, but that isn’t likely to apply to the…
After CEO’s Ouster, Paramount Isn’t Fielding Any Questions
Less than a half-hour after Paramount formally announced the departure of CEO Bob Bakish, the company declined to take questions from analysts during a decidedly terse…
Paramount to End Showtime Sports, Boxing After 37-Year Run
Five years after HBO televised its last boxing match, fellow pay-TV pioneer Showtime is about to follow suit. Effective at the end of this year, parent company Paramount…
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