Pitaro: ESPN Willing to Explore Equity Deals with Other Leagues
On the eve of ESPN’s Monday Night Football opener, chairman Jimmy Pitaro said the network’s sports-rights portfolio is now stronger than it’s ever been, before leaving…
Paramount
Paramount Stock Rockets Nearly 40% in Heavy Post-UFC Deal Trading
Shares of Paramount Skydance closed up 36.74% on Wednesday, as the company’s Class B stock finished the day at $15.00.PSKY shares exploded like a meme-stock two days…
UFC Fighters Win Exposure, Lose PPV Leverage in Paramount Deal
Ultimate Fighting Championship CEO Dana White touts the new seven-year, $7.7 billion rights deal with Paramount as a knockout for the promotion’s fighters. After all…
$7.7 Billion UFC, Paramount Deal Ends Pay-Per-View Era
The Tiffany Network is entering the Octagon. Paramount and UFC announced a seven-year, $7.7 billion tie-up for U.S. rights Monday that will bring 30 Fight Nights and 13…
$16M Trump Payout Greases Skids for Paramount-Skydance Deal
On the morning after Paramount announced that it would pay $16 million to settle a lawsuit filed by President Donald Trump, the company’s co-CEO spoke briefly about the…
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 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…
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