Paramount Global on Thursday reported it took a $6-billion write-down on its cable television networks business, in yet another sign that Hollywood is reckoning with the ongoing deterioration of the traditional television business. The disclosures, part of Paramount’s second-quarter earnings filing, come as the company prepares to be taken over by David Ellison’s Skydance Media in the first half of …
“Yellowstone” star Kevin Costner finally explained why he stepped away from the Dutton Ranch. Taking the stand during a child support hearing on Friday, Costner said that he and the studios behind “Yellowstone” failed to strike a deal to ensure his continued commitment, according to multiple reports. “We tried to negotiate, they offered me less money than previous seasons, there …
