Can MTV Be Cool Again? Paramount’s New Owner Plots Cable Revival
The newly combined media company is exploring ways to revive MTV and other once-mighty channels while rivals spin them off.
Ticker |
WBD
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CIK | 0001437107 |
SIC | 4841 |
Sector | Transportation, Communications, Electric, Gas, And Sanitary Services |
Industry Category | Communication |
Industry Group | Cable And Other Pay Tv Services |
Address | 230 PARK AVENUE SOUTH, NEW YORK, NY, 10003 |
Website | corporate.discovery.com |
Phone | 212-548-5555 |
CEO | David M. Zaslav |
Employees | 37,500 |
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Can MTV Be Cool Again? Paramount’s New Owner Plots Cable RevivalThe newly combined media company is exploring ways to revive MTV and other once-mighty channels while rivals spin them off. Paramount Skydance Plots Cable RevivalThe newly combined media company is exploring ways to revive MTV and other once-mighty channels while rivals spin them off. Paramount Skydance Turnaround Could Take Years To Materialize, Says AnalystParamount Skydance (NASDAQ:PSKY) faces a long and costly turnaround as it integrates Skydance and Paramount Global. Analysts warn that execution will take years. Despite its potential as a global media powerhouse, Paramount Skydance must overcome restructuring hurdles, heavy content spending, and streaming losses. Bank of America Securities analyst Jessica Reif Ehrlich initiated coverage on Paramount Skydance with an Underperform rating and a price forecast of $11. Also Read: Paramount’s $7.7 Bi Lululemon downgraded, Samsara upgraded: Wall Street's top analyst callsLululemon downgraded, Samsara upgraded: Wall Street's top analyst calls Wall Street is falling in love with the corporate breakup. Here's why.2025 is turning out to be a big year for breakups. Whether by offloading a business unit, spinning out a corporate arm through an IPO, or carving up a Fortune 500 company, that means more fees for bankers and potentially improved returns for investors. |