TV, Film & Media Industry News Roundup, Thursday 1 February 2024
Byron Allen bids $14B for Paramount Global; Sky to cut 1,000 jobs; Paramount+ axes some originals. Marti Noxon signs with UTA; Sony inks deals with Brass Monkeys and Royal Entertainment.
Today, Byron Allen is making headlines with a bold $14B offer to acquire Paramount Global, extending his media empire. Sky is adapting to the digital age, planning to cut 1,000 jobs as part of its shift towards internet-based services. Paramount+ is also making strategic changes by removing some international originals to streamline costs and focus on i…
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