Tech

Paramount+ will replace CBS All Access on March 4

Enlarge / Star Trek: Picard will be offered on the new/old streaming service. (credit: ViacomCBS) It’s time for yet another streaming service—sort of. ViacomCBS has announced that Paramount+ will launch on March 4, but it’s more of an evolution than a wholly new service, as it replaces and expands upon the company’s previous service, CBS […]

Business

ViacomCBS sells Simon & Schuster into Penguin Random House Proprietor for $2.2 billion

ViacomCBS agreed to market its Simon & Schuster book printing company to German media giant Bertelsmann for $2.18 billion, also a portion of the broadcaster’s strategy to depart nonstrategic companies. The purchase provides heft to Bertelsmann’s publishing portfolio also matches with plans to enlarge the organization’s Penguin Random House unit. Meanwhile, the ViacomCBS sheds a […]