Key Takeaways Paramount Global is reportedly moving forward Tuesday with the second phase of employee cuts it announced in August, according to a staff memo.Paramount said last month that it would lay off roughly 2,

Paramount began a planned second wave of layoffs on Tuesday morning, nearly completing a 15% staff reduction announced last month. "In order to set Paramount up for continued success, we are taking these actions,

AVOD service Pluto TV will seed a dozen channels from its platform to RTL-owned M6, which will carry them on its M6+ catch-up and streaming service. There will be about 3,000 hours of content and titles include reality series Just Tattoo Of Us, animated show Yu-Gi-Oh! and U.S. procedural Blue Bloods.

M6+, the AVOD platform recently launched by French TV network M6, has signed a long-term deal with Paramount's FAST service Pluto TV. The partnership will include M6 content channels on Pluto TV, a new Pluto TV-branded area on M6+ and an advertising arrangement to scale the free ad-supported streaming business in France.

Paramount Global's free, advertising-supported streamer Pluto TV and M6+, French TV company Groupe M6’s new AVOD platform, have signed a strategic commercial and editorial partnership to "scale and expand their free streaming and digital businesses in France.