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Streaming Services Showtime and Paramount+ Set to Merge

Paramount is set to merge Showtime and Paramount+ in an attempt to reach a more global audience, but that also means some popular shows could get cut.

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Paramount Shares Sink after CEO Lowers Fourth-Quarter Ad Revenue Forecast

Shares of Paramount Global (NASDAQ: PARA) plummeted approximately 8% Tuesday after CEO Robert Bakish reduced expectations for the company’s advertising sales throughout the fourth quarter.

Paramount Shares Fall as CEO Lowers Fourth-Quarter Ad Revenue Forecast

Shares of Paramount fell after CEO Robert Bakish warned that fourth-quarter advertising results would be lower than the company’s third-quarter figures.

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