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Phillip Schofield
Phillip Bryan Schofield (born 1 April 1962) is an English television presenter who works for ITV. He is currently the co-presenter of This Morning (2002–present) and Dancing on Ice (2006–2014, 2018–present) alongside Holly Willoughby. His other work for ITV includes All Star Mr & Mrs (2008–2016), The Cube (2009–2015), and 5 Gold Rings (2017–present). Schofield gained national attention working for the BBC, first as a continuity presenter for Children's BBC on weekdays from 1985 to 1987, then as a presenter on the children's Saturday morning magazine show Going Live! between September 1987 and April 1993.
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Paramount Shares Rebound Over 5% on News of Cash Infusion From Shari Redstone

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slashed its dividend by 79% amid a cash crunch on May 6.The deal will see BDT Capital Partners, an affiliate of merchant bank BDT & MSD Partners, receive preferred equity in National Amusements.

The cash infusion will help Paramount, formed when CBS and Viacom combined in 2019, steady itself as it navigates the shift from cable to streaming.

The company’s streaming losses reached $511 million in the first quarter of this year and it’s been going through major restructuring to save cash, including shutting down MTV News earlier this month.“The investment will position NAI for sustainable growth and further post-pandemic recovery in its underlying operations as movie theater attendance continues to increase,” National Amusements said in a statement.

It plans to use the part of the funds to cut its interest expenses and pay down both short-term and long0-term loans.“NAI has conviction in Paramount’s strategy and execution, and we remain committed to supporting Paramount as it takes the necessary steps to build on its success and capitalize on the strategic opportunities in our industry,” Redstone said in the statement.The dividend cut dramatically reduced Redstone’s income, The Wall Street Journal reported, noting the infusion of cash means National Amusements won’t have to sell part of its stake.

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