ViacomCBS Q3 Profit Dips on Streaming Costs, But Revenue Rises

The drama over the infamous wedding speech at Angelina Pivarnick’s wedding on Jersey Shore: Family Vacation is not over – far from it, it looks!

Does YouTube break musicians anymore? Or is it just on TikTok?

There’s no mystery behind the tragic loss of Bob Saget. That’s what authorities want to make crystal clear on Wednesday.

A sudden switch. One week after Tristan Thompson joined the Indiana Pacers, coach Rick Carlisle claimed that the athlete is heading to the Chicago Bulls.

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Pete Davidson made his return to Instagram this week. The "Saturday Night Live" star's new verified profile went live on Wednesday. It's reportedly the fourth time he's rejoined the social media platform since first ditching it in 2018.

The cold never bothered her anyway. Molly Sims isn’t letting the pesky chilly season get in the way of proudly flaunting her swimsuit-ready bod. The model and actress took to Instagram on Wednesday and posted a photo of herself rocking a skimpy string bikini while in the snow.

Adam B. Vary Senior Entertainment WriterSPOILER WARNING: This story discusses major spoilers for the Season 1 finale of “Peacemaker,” currently streaming on HBO Max.Throughout the first season of “Peacemaker,” the titular costume vigilante, a.k.a.

Manori Ravindran International EditorEntertainment One has hired Left Bank executive producer Sharon Hughff to serve as creative director of scripted television out of the U.K.In her new role, she will oversee the scripted team and pipeline from the U.K., while spearheading efforts to expand the slate into buyers in the U.K. as well as Europe and Asia.

Jazz Tangcay Artisans EditorThe Visual Effects Society will present Guillermo del Toro with VES Award for Creative Excellence on March 8.del Toro will be honored for his consummate artistry and expansive storytelling that blends iconic visual effects and unforgettable narrative. Harnessing his intuitive vision, del Toro has created a distinctive cinematic style mixing the world of monster movies, comic books and exuberant visuals straight from his imagination.“Guillermo is a fiercely inventive storyteller, who has pushed the boundaries of filmmaking,” said VES Board Chair Lisa Cooke.

Marvel is pushing for the multiverse to become the next big event in the Marvel Cinematic Universe, similar to their focus on the Infinity Stones leading up to Thanos using the Infinity Gauntlet to kill half the universe. Jonathan Majors‘ Kang could be the next looming threat and that means many upcoming films will use the multiverse for various reasons.

On Oscar nominations morning, Aunjanue Ellis did her best not to pay attention. The “King Richard” star didn’t watch the nominations announcement and she turned off her phone.

For years, HBO has been the gold standard as far as prestige TV series goes. The network has won dozens of awards, and TV fans are basically under the assumption that every new show on HBO warrants a watch because it’s probably really great.

Jem Aswad Senior Music EditorIn a major move in the publishing world, Sony Music Publishing has announced the appointment of Walter Jones as executive vice president and head of A&R, effective February 22. In the role, he will oversee the company’s U.S.

Brian Steinberg Senior TV EditorThe hunt for an elusive South American flower is at the heart of the latest addition to the Peacock streaming service, but the creators of the new show aren’t from the typical Hollywood studio.“Unlocked,” a short film that debuts Friday on the NBCUniversal broadband outlet, is the creation of tech giant Hewlett-Packard and the agency Giant Spoon. The mini-movie tells the story of data scientists hoping to track down a rare plant that might just offer a cure to a mysterious neurological disease that ails the world, but it might solve some other problems as well, like how to get ad messages in front of consumers who are increasingly accustomed to avoid such things when they hunker down for a new bingeworthy session.

It took a lot for Linda Evangelista to be open about her condition — even with her loved ones.

Lorraine Kelly's ITV breakfast show has come under fire after Dr Hilary encouraged parents to vaccinate their young children.

Teen drama crossover! Chace Crawford opened up about an old audition story that revealed Jason Street — and Nate Archibald — almost looked very different.

Mickey Guyton ran into Prince Harry at Super Bowl LVI on Sunday, and snapped a cute picture with the royal.Guyton sang the national anthem at this year's Super Bowl, while Harry attended the big game at Sofi Stadium in Los Angeles with his cousin, Princess Eugenie. The 38-year-old country singer tweeted a picture of her with Harry, rocking a red-and-white track suit while a masked-up Harry also kept it casual in jeans, a T-shirt and a blazer.«I met Prince Harry.

The Pokémon Company has announced that it will be hosting a limited beta for its upcoming TCG.Pokémon TCG Live will be available on PC, macOS, and mobile devices running iOS and Android. This new release will replace Pokémon TCG Online, and all servers will be shut down ahead of the new launch.While there is no release date stated, Candian players will participate in an upcoming beta later this month (via PCGamesN).

Music Week reports that while BPI’s 2021 unit sales data showed that CDs remained ahead of vinyl, the latter is poised to become the dominant physical format in terms of revenue.Vinyl albums brought in £135.6million in 2021 (up 23.2 per cent year-on-year) compared to £150.1million in CD sales (down 3.9 per cent year-on-year). On this current growth trajectory, vinyl will be ahead by the end of this year.In terms of unit sales, 14.4million CDs were sold in the UK last year (down 10.5 per cent year-on-year) compared to 5.3million vinyl LPs (up 10.6 per cent).Sony Music UK VP of market planning and sales Charles Wood told Music Week that he believes vinyl will become the largest physical contributor to labels in terms of revenue during the next 12 months.“Following an uplift of interest in vinyl sales during Covid, we saw that vinyl was being purchased by a broader audience, beyond your music fanatics and niche format obsessives that drove the ‘vinyl revival’,” Wood said.“We saw continued growth for vinyl sales in 2021 – now making up 27 per cent of the physical market in terms of volume.

Brian Steinberg Senior TV EditorNBCUniversal has taken viewers to a little house near Walnut Grove, Minn., a police station on Hill Street and to whatever locale hosts the Olympics. Now the media company just wants to take people shopping.The company plans to launch an interactive livestreamed shopping show over three of the holiday season’s heaviest days, using Instagram, Facebook and Comcast’s Xfinity cable system, and also expects to debut an online bazaar where consumers can purchase goods affiliated with various stars of shows on the company’s Bravo cable network.

Brian Steinberg Senior TV EditorHallie Jackson will double the amount of time she spends anchoring each weekday, while dividing those duties between cable outlet MSNBC and the streaming hub NBC News Now.Jackson, a senior Washington correspondent who has been with NBC News since 2014, will launch “Hallie Jackson Now,” a new hour-long program  on NBC News Now that starts Monday, November 15, at 5 p.m. eastern.

Brian Steinberg Senior TV EditorAMC Networks said an surge in the production of new programming helped boost its operations in the third quarter, resulting in a boost to profit as the company works to place its content in an array of new venues to court the rise of consumers interesting in streaming.The New York owner of the AMC, IFC and SundanceTV cable networks and distributor of the “Walking Dead” series, said net income rose to $110.6 million, or $2.60 a share, compared with $61.6 million, or $1.18 a share, in the year-earlier period. Revenue, meanwhile, surged 24% to nearly $810.8 million, compared with $654 million in the year-earlier period.AMC Networks reported earnings for the first time under new executive oversight.

Brian Steinberg Senior TV EditorFox Corp. said profit in its fiscal first quarter fell due higher content expenses and comparisons with a sizable gain in the year-earlier period, even as revenue in the quarter was bolstered by advertising and distribution fees.The owner of Fox News Channel, Fox Sports and the Fox broadcast network said net income attributable to shareholders in the period came to $701 million, or $1.21 a share, compared with $1.11 billion, or $1.83 a share in the year-earlier quarter.

Brian Steinberg Senior TV EditorDiscovery said its third quarter profit tumbled significantly due to higher expenses for its broadcast of the 2021 Summer Olympics and costs associated with its new direct-to-consumer businesses, even as its traditional lines of revenue increased and it added three million more subscribers for its streaming-video operations.The company is slated to take over WarnerMedia, currently owned by AT&T, in a transaction that is expected to be complete by the middle of 2022.The New York owner of the Food Network, Discovery Channel and TLC said net income fell to $156 million, down 48% when compared with $300 million in the year earlier period.

Brian Steinberg Senior TV EditorCBS News is recalibrating its talent relations efforts as it faces key contract-renewal talks next year with Gayle King and Norah O’Donnell, the network’s two most visible anchors.Alison Pepper, a longtime CBS News executive who spent about two decades at the ViacomCBS news unit as a producer at “60 Minutes” and in talent recruitment and development, is returning in a senior role to oversee talent relations. She will replace Laurie Orlando, who has been CBS News’ senior vice president of talent strategy since 2016, and will move into a similar role for CBS’ owned and operated stations and local streaming efforts.

Brian Steinberg Senior TV EditorComcast saw its third-quarter profit soar due to its massive broadcast of the Tokyo Olympics across NBCUniversal as well as an uptick in broadband customers hunkered down at home during the coronavirus pandemic, even as the company’s traditional cable business showed new signs of erosion.The Philadelphia owner of the Comcast cable empire and the NBCUniversal entertainment conglomerate said profit in the third quarter came to $4.04 billion, or 86 cents per share, compared with $2.02 billion, or 44 cents per share, in the year-earlier period.