Paramount Expands Into Games While Its News Arm Faces Shake‑Ups

Paramount recently opened a new video‑game studio, aiming to bring its famous movies and shows into interactive media. The company plans to combine its existing gaming teams with its vast library of characters and stories, a shift that investors didn’t cheer for; shares fell about four percent at the close of trading. The studio is already working on two projects: a Marvel title called “Marvel 1943: Rise of Hydra” and an upcoming Star Wars game developed with Disney’s Lucasfilm. A third title will be revealed later at the Summer Game Fest. This move is timely because Warner‑Bros Discovery also runs a gaming division, and any future merger between the two could require coordinated game development.Meanwhile, Paramount’s news division is in turmoil. CBS News anchor Lesley Stahl has reportedly changed agencies ahead of a possible exit, and the recent firing of Scott Pelley signals deeper changes. New producers are seeking specialists over generalists to strengthen the show’s credibility, but veteran talent is leaving in droves. Some speculate that David Ellison might steer the program toward digital formats like YouTube and podcasts, similar to what NBC did with Dateline. On the market side, analysts have mixed feelings about Paramount’s stock. The consensus leans toward a moderate sell rating, with only one buy recommendation out of nine total. After a 10. 4 percent decline last year, the average target price suggests about ten percent upside if the company’s strategies pay off.