Business

Canadian actor-brothers Shamier Anderson (Wynonna Earp) and Stephan James (If Beale Street Could Talk), alongside their youngest brother Sheldon James, have co-founded Canada's first Black-owned venture capital firm dedicated to BIPOC entrepreneurs. The Bay Mills Investment Group will support and mentor young…

ViacomCBS forecast streaming subscribers will grow to 65-75 million, mostly at Paramount+ as the company unveiled its new direct-to-consumer service to launch March 4. The company will ramp up investment in pure streaming content to $5 billion in 2024 from $1 billion last year and that could accelerate if its services…

The second season of the reboot of The Twilight Zone was submitted for your approval, to borrow the famous phrase of original sci-fi creator Rod Serling. Apparently, there wasn’t enough approval, as sources have confirmed to Deadline that the CBS All Access show won’t continue on Paramount+ for a third season. The…

Paramount+ will have two subscription tiers: a basic one costing $5 a month and a higher level at $10 a month. The $10 plan will be ad-free and will have some programming not available on the basic, ad-supported tier. Ingredients in the higher-end plan include the live CBS signal, which has been a key element of CBS…

"Paramount+ will be the leader in live sports," CBS Entertainment Group boss George Cheeks said today in a major streaming war throw down to the likes of Olympics and Premier League home Peacock. Coming partway through a delayed, glitchy and often repetitive corporate presentation of the March 4 launching ViacomCBS…

A Los Angeles County Public Health official revealed on Wednesday that 806 deaths related to Covid-19 went unrecorded due to an overwhelming volume of the public death report forms used to track causes of death. “There were a number of deaths not reported through the standard public death report forms, but later…

ViacomCBS chief Bob Bakish touted the century-old roots of the company across film, TV and now streaming in setting the agenda for the reformulated Paramount+. “We know how to make hits,” he declared. “ViacomCBS has been and remains a consistent hitmaker, across genres, across demographics, across formats and across…

Shari Redstone, chair of ViacomCBS, stepped out out in force Wednesday, announcing that the company about to be discussed for the next three hours “is not your father’s Viacom. And it’s not my fathers' either.” Redstone was kicking off a streaming event months in the making ahead of the launch of Paramount+ on March 4…

Swirling chaos surrounding New York Gov. Andrew Cuomo deepened Wednesday as a former aide accused him of inappropriate behavior, accusations the governor called "quite simply false." The former aide, Lindsey Boylan, who worked for the state’s economic development agency, led off a blog post on Wednesday alleging…

ViacomCBS topped Wall Street analysts’ expectations for its fourth-quarter results, reporting diluted earnings per share of $1.04 and total revenue of just shy of $6.9 billion. The consensus forecast by analysts was for earnings of $1.01 and revenue of $6.9 billion, up 13% and 3%, respectively, from the same quarter…

EXCLUSIVE: Johnny Depp and Amber Heard won't be facing off in a Virginia courtroom anytime soon, it seems. In yet another delay in the trial start of the former Pirates of the Caribbean star's acetous $50 million defamation lawsuit against the Aquaman actress, the former couple now will trade barbs and evidence…

IMDb TV, Amazon’s two-year-old, free streaming service, is now available as a stand-alone app on Chromecast with Google TV and will soon be on other Android TV OS devices in the U.S. The distribution expansion follows recent launches of the IMDb TV app on Roku, Xbox One, Xbox Series X|S and Sony Android TV devices…