Paramount Global is exploring the sale of BET Media Group and VH1, according to The Wall Street Journal, as it focuses on its streaming platform.

Share:
More In Business
Auction-Based Advertising Startup Topsort Raises $110 Million
Auction-based advertising infrastructure startup Topsort raised $8 million in a seed funding round. Topsort says companies like Google and Amazon have been making huge profits from auction-based advertising for decades, but that the technology is complicated, exclusive, and hard to build. The company is trying to be a solution, by offering an auction-based advertising API to smaller retailers and marketplaces. Regina Ye, CEO and co-founder of Topsort, joins Cheddar News' Closing Bell to discuss.
Michael Pachter Breaks Down Stock Splits and Possible DOJ Probe Against Amazon
After a week of headlines that ranged from a potential criminal investigation by the Justice Department to a 20 for 1 stock split, Michael Pachter, the managing director of equity research at Wedbush Securities, joined Cheddar News to shake out what wild week means for the tech giant and what he thinks is behind possible government antipathy towards the company. "If you look at Amazon, Capitol Hill hates them," he said. "And maybe it's just because Bezos looks like Dr. Evil, but I think part of it is that a lot of constituents of these legislators just don't whine at Congress, 'leave my company alone,' the way they do with Disney or Microsoft."
Deputy Commerce Secretary on Semiconductor Chip Demand Amid Ukraine Crisis
The ongoing semiconductor chip shortage has been impacting everything from the purchase of cars to smartphones. Deputy Commerce Secretary Don Graves spoke with Cheddar about the Biden administration's efforts to combat the issue and if the current crisis in Ukraine will have any impact on the global supply chain problems for semiconductors. "We're working very closely with all of our partners and allies around the globe, just as we have on the export controls and sanctions that we've applied to Russia to deal with that needless aggression," he said. "We're also working with them on the challenges of raw materials for a range of industries, including the semiconductor industry. We believe that we are going to be able to meet the demand for the for the near term."
Stephanie Shojaee on Paving the Way for Women in Real Estate
With real estate being a largely male-dominated industry, Stephanie Shojaee, vice president and chief marketing officer at development company Shoma Group, joined Cheddar News to discuss how she took on the gender gap for women to achieve leadership roles, starting at her own company. “It's been very important to teach all the women that work here, especially the younger ones, that they shouldn't change themselves," she said. "You need to be happy with who you are and just keep breaking barriers."
DocuSign CEO on Lowered Guidance Off of COVID Despite Q4 Earnings Beat
DocuSign saw high growth levels due to high demand in going paperless during the pandemic, but the e-signature company also posted lower guidance going forward. CEO Dan Springer joined Cheddar News to discuss the revenue. "The challenge for our business was more that we got used to that very high level of demand during COVID, where we were a beneficiary of people needing to move so much faster, to drive, to accelerate their transformation," he said. "And now as we come off that acceleration, we didn't move quickly enough, we didn't adjust our business back to the mode we had pre-pandemic."
Load More