Paramount Global

TV Pública, the state broadcaster in Argentina, has insisted it is in talks to sublicense rights to the Argentina national team for the remainder of the 2026 Fifa World Cup qualifiers after a rare blackout last night.

The future of Paramount Global is not yet set in stone, after veteran US media executive Edgar Bronfman Jr submitted a late $4.3bn (€3.9bn) takeover bid.

Caliente TV has picked up Uefa Champions League rights in Mexico, a package originally headed for Paramount Global before its Latin American retreat gathered pace.

US media giant Paramount Global's focus will remain international when its takeover by Skydance Media is completed, despite a tightening of the belts that will lead to mass job cuts.

After almost a year of negotiations with prospective buyers, Paramount Global has reached a deal with Skydance Media to form ‘New Paramount’ in an agreement that places the enterprise value of the merged entity at $28bn.

The Paramount+ streaming platform will be showcased at next week’s Uefa Europa League final thanks to a short-term shirt sponsorship with Italian club Atalanta which echoes a similar deal last year with Inter Milan.

A national backlash against a government move to take matches of the Argentinian national football team off state television has prompted sub-licensing negotiations between broadcast executives.

Paramount Global, which is in exclusive merger talks with Skydance Media, has announced the immediate exit of president and CEO Bob Bakish, to be replaced by three executives in a new leadership team amid a period of ongoing financial uncertainty.

Televisión Federal (Telefe), the Argentinian television station owned by Paramount Global, has acquired rights to matches of the men's national football team after the country's radical leader, Javier Milei, put an end to the use of public funds.

Paramount Global's streaming service Paramount+ added 4.1 million new subscribers in the fourth quarter, raising the platform's total to 67.5 million subscribers at the end of 2023 as the company's overall revenue dipped six per cent year-over-year for the quarter.

Paramount Global is making around 800 job cuts worldwide amid ongoing restructuring of the company and conversations around a possible sale or merger