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chris-mccarthy stories on Señal News

Latest news of chris-mccarthy

Paramount adds 1.5M subs, narrows streaming losses in Q1 2025 9 MAY 2025

Markets

Paramount adds 1.5M subs, narrows streaming losses in Q1 2025

Direct-to-consumer revenue rose 9% to $2.04 billion, while total company revenue reached $7.19 billion, beating forecasts despite a year-over-year decline. The TV Media segment fell 13% as ad revenue dropped 21%, underscoring pressure on traditional channels.
Paramount’s DTC continues to grow, while traditional media faces challenges 8 NOV 2024

Production

Paramount’s DTC continues to grow, while traditional media faces challenges

The company presented its Q3 2024 financial results, with significant growth on the DTC segment, while TV Media and Filmed Entertainment experienced revenue decreases.
Paramount to layoff around 3,000 employees 13 AUG 2024

Corporate Moves

Paramount to layoff around 3,000 employees

The cuts, which add to the round of layoffs the company implemented in February of this year and that reduced its employee base by 3%, are part of a corporate effort to generate annual run-rate cost savings of $500 million.
Michelle Pfeiffer to lead "Yellowstone" sequel series 12 AUG 2024

Production

Michelle Pfeiffer to lead "Yellowstone" sequel series

The previously announced spinoff will be the next installment in the "Yellowstone" verse from creator Taylor Sheridan. It is produced by MTV Entertainment Studios, 101 Studios and Bosque Ranch Productions.
Paramount announces new leadership, Bob Bakish steps down as President and CEO 29 APR 2024

Forecasts

Paramount announces new leadership, Bob Bakish steps down as President and CEO

To lead and oversee the company moving forward, Paramount Global has established an Office of the CEO, consisting of three senior company executives: George Cheeks, Chris McCarthy, and Brian Robbins.