Paramount
Paramount’s Chris McCarthy on the Future of ‘Daily Show,’ ‘Yellowstone’ Offshoots and Why Showtime Eulogies Are Premature
It’s been six months since Chris McCarthy added Showtime to his portfolio, and he knows what a healthy swath of Hollywood has said. He’s read the network eulogies and seen the variations on “RIP Showtime” tweets. He’s even sat with folks who have bemoaned his stated plan to lean into franchises, be it more Billions […]
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‘Vertigo’ Remake in the Works at Paramount With Robert Downey Jr. Eying Lead
Vertigo — the Alfred Hitchcock film long considered one of Hollywood’s best — may be getting a remake. Paramount Pictures has acquired the remake rights to the 1958 movie, which starred Jimmy Stewart as an ex-detective hired to follow a friend’s wife (Kim Novak) who has been acting erratically. Robert Downey Jr. is eyeing the […]
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Paramount CEO Bob Bakish’s Pay Rises to $32M in 2022, as Company Adds Dawn Ostroff to Board
Paramount Global CEO Bob Bakish saw his total compensation rise in 2022 to $32 million. The company filed its annual proxy statement Friday afternoon, disclosing the pay bump. Bakish’s compensation package totaled $20 million in 2021. The jump in pay in 2022 was due to a $16 million stock awards grant. His salary remained unchanged […]
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Studio Unit Profit Report: Paramount Jets Ahead In Year-to-Year Gains
Hollywood studios tried to put COVID-19 in the rear-view mirror in 2022, but cinemas in China were shut for part of the year, there were periods with little new product for screens, the global box office rose 28.4 percent to $25.7 billion (below pre-pandemic levels), and ramped up spending on productions and marketing of expanded […]
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Sean “Diddy” Combs Throws Hat Into the Ring for BET Stake
There’s another potential bidder for Paramount’s BET businesses. Music mogul Sean “Diddy” Combs is exploring the opportunity to acquire a majority stake in the business, which includes BET, VH1, BET Studios and the streaming service BET+, a source familiar with the matter confirms. Combs joins an increasingly crowded field of possible buyers that includes current […]
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Paramount Plays the Hits in “Popular” New Brand Campaign
Paramount wants consumers to know that it’s popular. Really popular. The company, led by CEO Bob Bakish, on Wednesday is rolling out a new corporate branding campaign with the tagline “Popular is Paramount.” The campaign is meant to highlight some of the content produced by the media and entertainment giant. “Anchored in research-backed insights, the […]
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Paramount Takes Worldwide Rights on Adam Deacon’s Comeback Feature ‘Sumotherhood’ (Exclusive)
Sumotherhood, the upcoming British urban action-comedy that marks the much-anticipated return to filmmaking for BAFTA winner Adam Deacon, is set to hit cinemas later this year following a major worldwide deal with Paramount, The Hollywood Reporter can reveal. Paramount Global Content Distribution and Paramount Pictures U.K. have acquired the feature, now in postproduction and coming […]
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2023 Upfronts Schedule Set as Fox Plans In-Person Presentation at the Manhattan Center
2023’s TV upfront week appears set, with Fox becoming the last major media company to lock in a time and place to hold its annual advertising presentation. Fox says that it will hold this year’s upfront at New York’s Manhattan Center with a live stage presentation and a new format “showcasing the power of Fox and […]
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Berlin: Paramount Takes Jay Baruchel Comedy ‘BlackBerry’ for Most of the World
Paramount Global Content Distribution really loves its BlackBerry. The studio has picked up the new comedy from Matt Johnson, on the rise and fall of the eponymous Canadian smartphone company, for most of the world outside of North America. Jay Baruchel stars in BlackBerry alongside an ensemble cast including Glenn Howerton, Cary Elwes, Saul Rubinek, […]
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‘Dungeons & Dragons’ Filmmakers John Francis Daley and Jonathan Goldstein Sign First-Look Deal With Paramount
Paramount has decided to roll the 20-sided die on John Francis Daley and Jonathan Goldstein. The studio has signed the Dungeons & Dragons: Honor Among Thieves filmmakers to a multiyear first-look deal. The duo will write, direct and produce feature films via their newly launched production company, GoldDay. The banner’s mission statement is to tell unique […]
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Showtime Hit By Layoffs After Paramount+ Merger
Showtime laid off around 120 employees Monday as the premium cable network prepares to merge with parent company Paramount Global’s flagship streamer, Paramount+, a company spokesperson confirmed to The Hollywood Reporter. It’s not immediately clear which Showtime divisions were impacted, but the layoffs came the same day Paramount Media Networks chief Chris McCarthy said the […]
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Following Showtime-Paramount+ Merger, Erin Calhoun to Lead Streaming and Cross-Company Comms
With Showtime and Paramount+ merging, Showtime’s head of communications Erin Calhoun will take on a new role leading communications for Paramount streaming and cross-company publicity. Calhoun’s appointment was announced Tuesday by Paramount streaming chief Tom Ryan. “In this newly created position, Erin will lead communications for our integrated streaming team, ensuring we are effectively showcasing […]
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