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New York CNN —Ingrid Ciprián-Matthews, a three-decade veteran of CBS News who ascended to the role of president in 2023, abruptly announced Wednesday that she will step down from her role as the news organization’s parent company prepares for a complex merger. But today, I have some news of my own to share,” Ciprián-Matthews announced in a memo to employees. The announcement also comes days after Paramount Global, the parent company of CBS News, accepted an offer from Hollywood production studio Skydance Media that will see the two companies merge. Following the merger, Skydance Media plans to install its own leadership team. When she took over as CBS News president, Ciprián-Matthews became the first Latina to hold the influential post at the network’s news division.
Persons: New York CNN — Ingrid Ciprián, Matthews, ” Ciprián, I’ve, , Tiffany, Wendy McMahon, Ciprián, I’m, , ” “ Ingrid, ” McMahon, Neeraj Khemlani, Disney, Kim Godwin Organizations: New, New York CNN, CBS News, , CBS, Paramount Global, Hollywood, Skydance Media, Ciprián, ABC News Locations: New York
CBS News is trying something new in streaming
  + stars: | 2024-04-10 | by ( Oliver Darcy | ) edition.cnn.com   time to read: +5 min
New York CNN —CBS News is overhauling its streaming platform. We sent some questions over to McMahon about CBS News’ ambitions in the streaming space. Can you elaborate on the decision-making process that led to the expansion and rebranding of CBS News’ streaming platform? CBS was the first network to launch streaming channels …. We’re combining the newsgathering and speed of our local teams with national scale and depth to serve all of America.
Persons: Tiffany, Wendy McMahon, ” John Dickerson’s, McMahon, It’s Organizations: New York CNN, CBS, CBS News, CNN, NBC News, CBS Stations Locations: New York, Cleveland, Las Vegas, America, Midwest, newsrooms
CNN —CBS News President and co-head Neeraj Khemlani, who has led the Tiffany Network’s news division and local TV stations for a little more than two years, abruptly announced Sunday that he would step down from his role. “I have some news to share today, and I don’t want to bury the lede,” read a memo from Khemlani to staffers. During his tenure, Khemlani bolstered CBS News’ reporting ranks, luring prominent journalists such as Robert Costa and Cecilia Vega to the outlet. The CBS News chief was the subject of a human resources probe earlier this year. Khemlani is the third network news chief to exit in 2023.
Persons: Khemlani, Tiffany, , , I’ve, ” Khemlani, Simon, Simon & Schuster, Wendy McMahon, George Cheeks, Robert Costa, Cecilia Vega, Chris Licht, Noah Oppenheim Organizations: CNN, CBS, Simon &, Khemlani, CBS News, Evening, , NBC, ABC, NBC News
Mission Impossible: Paramount reckoning
  + stars: | 2023-07-05 | by ( Jennifer Saba | ) www.reuters.com   time to read: +8 min
NEW YORK, July 5 (Reuters Breakingviews) - Paramount Global’s (PARA.O) predicament is worthy of its successful “Mission: Impossible” franchise. Over the past year or so, Warren Buffett’s Berkshire Hathaway (BRKa.N) has bought and increased its stake in Paramount to about 15%. Without the funding, her closely held firm might have needed to pledge more of its Paramount stock against a loan. Streaming service Paramount+ is similar to Netflix, whose enterprise is worth 5 times next year’s estimated revenue. “Mission: Impossible Dead Reckoning Part One,” from Paramount Pictures, opens in movie theaters on July 12.
Persons: Shari Redstone, Looney, Walt Disney, Sumner, Warren Buffett’s Berkshire Hathaway, Goldman Sachs, Byron Trott, Rudolph Valentino, Mae West, Marx, Trustbusters, Martin Davis, Sumner Redstone, Simon, Schuster, Walt, Jeffrey Goldfarb, Sharon Lam, Streisand Neto Organizations: YORK, Reuters, Paramount, Warner Bros Discovery, AT, Netflix, Apple, Comcast, Electronic Arts, MSD Partners, Viacom, Audio Communications, CBS, Nickelodeon, MTV, Time Warner, Reuters Graphics Reuters, Tiffany Network, National Football League, Fox, Amazon, MGM, U.S, Penguin Random, Walt Disney, Amusements, Paramount Global, BDT Capital Partners, , Paramount Pictures, Thomson Locations: U.S, Gulf, Western, NAI
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