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    Paramount Lays Off Hundreds of Workers

    The company, which is moving away from traditional TV, lost more than $1 billion last year at its streaming division.Paramount, the owner of TV networks like Nickelodeon, MTV and Comedy Central, is laying off hundreds of employees, cutting costs as it continues its painful transition away from traditional television.About 3 percent of the company’s roughly 24,500 employees will be affected by the layoffs, according to a person familiar with the cuts, who spoke on condition of anonymity to discuss sensitive corporate information.Bob Bakish, Paramount’s chief executive, said in a memo to employees that the cuts were part of a bid to “return the company to earnings growth.”“While I realize these changes are in no way easy, as I said last month, I am confident this is the right decision for our future,” Mr. Bakish wrote. “These adjustments will help enable us to build on our momentum and execute our strategic vision for the year ahead — and I firmly believe we have much to be excited about.”Paramount is at a crossroads. The company’s controlling shareholder, Shari Redstone, is considering selling her stake in the company, a deal that could bring decades of family ownership to an end. Skydance, the media company that helped produce Paramount franchises like “Top Gun” and “Mission Impossible,” has expressed interest, but no deal has yet materialized.Like all its peers in traditional media, Paramount has struggled to keep pace with Netflix as streaming services supplant traditional TV and moviegoing. The company’s biggest streaming service, Paramount+, has not yet become profitable, putting a drag on the company’s profits. Paramount’s streaming division, which also includes the ad-supported service Pluto TV, lost more than $1 billion last year.Though viewership of Paramount’s cable networks is in decline, parts of its TV business remain resilient. Paramount’s CBS network, which broadcast the Super Bowl on Sunday, generated record ratings for the game, which saw the Kansas City Chief defeat the San Francisco 49ers in overtime. About 123.4 million people watched the game, according to Nielsen, up from 115.1 million the year before. More

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    Super Bowl Viewership Rose to 123.4 Million, a Record High

    The figure easily exceeded last year’s 115.1 million, capping off a big year for N.F.L. ratings.Sunday night’s overtime Super Bowl shattered ratings records.An audience of 123.4 million watched the Kansas City Chiefs beat the San Francisco 49ers, according to preliminary figures from Nielsen and CBS, which broadcast the game. That figure easily eclipsed last year’s record high of 115.1 million, when Kansas City defeated the Philadelphia Eagles. Final Nielsen ratings for the Super Bowl will be issued on Tuesday,The figure is the total who watched on CBS, the Paramount+ streaming app, the Spanish-language channel Univision, N.F.L. digital channels or Nickelodeon, which aired a child-friendly telecast. The vast majority watched the game on CBS, which recorded 120 million viewers, according to Nielsen. The game had a lot going for it. It went into overtime, concluded with a game-winning touchdown pass (for a 25-22 final score) and featured an elite Kansas City team with a superstar quarterback, Patrick Mahomes. Travis Kelce, Kansas City’s starting tight end, also happens to be dating a megastar in Taylor Swift, who attended the game in Las Vegas.At a moment when traditional television ratings have been in free fall, the N.F.L., particularly the Super Bowl, has stood immune to massive viewership changes affecting the rest of the media world. Thirteen of the last 15 Super Bowls have drawn more than 100 million viewers, according to Nielsen, a bigger audience than in earlier decades.Sunday’s performance also capped off a big year for N.F.L. ratings.Viewership was up 7 percent, according to Nielsen, falling just shy of the record set in 2015. Several playoff games set ratings records, including the A.F.C. championship game on CBS, which scored more than 55 million viewers, and an A.F.C. divisional playoff game that drew more than 50 million. The N.F.C. championship game was a little short of a record.League officials have pointed to numerous close games this season — along with a playoff hunt that still included several teams toward the end — as big reasons that ratings jumped. (It’s less clear how much Ms. Swift helped boost viewership.)We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Frank Shakespeare, TV Executive Behind a New Nixon, Dies at 97

    He helped dispel the candidate’s stiff image for the 1968 presidential campaign and then led U.S. government broadcasting efforts overseas under Nixon and Reagan.Frank Shakespeare, a self-described “conservative’s conservative” who used skills he had learned in the television industry to help elect Richard M. Nixon as president and then led the United States Information Agency, putting a hard edge on the Nixon administration’s message abroad, died on Wednesday in Deerfield, Wis. He was 97.His daughter Fredricka Shakespeare Manning confirmed the death, at her home, where Mr. Shakespeare had also been living. His death was also announced by the Heritage Foundation, the conservative Washington think tank, where he was chairman of its board of trustees in the 1980s. He also held ambassadorships in Portugal and at the Vatican.Mr. Shakespeare joined the 1968 Nixon presidential campaign while on leave as a CBS executive. As an adviser he was principally responsible for coming up with a novel way to present the candidate on television, in large part to make viewers forget Nixon’s stiff TV performances in 1960, when as vice president he was the Republican presidential standard-bearer.Mr. Shakespeare took on that task with Harry W. Treleaven Jr., an advertising executive who was credited with coming up with the slogan “Nixon’s the One!”; Leonard Garment, a lawyer who would become a Nixon White House counsel; and Roger E. Ailes, a television producer and the future Fox News president. They devised an approach in which panels of seemingly regular folks would ask Nixon questions and he would answer them conversationally.“We wanted a program concept of what Richard Nixon is in a way in which the public could make its own judgment,” Mr. Shakespeare told The New York Times in 1968. “We wanted to try to create electronically what would happen if five or six people sat in a living room with him and got to know him.”The four advisers “knew television as a weapon” that could be used to sell candidates in the manner of toothpaste, wrote Joe McGinniss in his 1969 book, “The Selling of the President 1968.”Mr. McGinniss said Mr. Shakespeare had been “more equal than the others,” ruling on matters as minute as whether Nixon’s daughters should sit in the first or second row at a telethon. (He overruled an aide who had assigned them to Row 2; he wanted Nixon to be able to greet them on his arrival easily.)Mr. Shakespeare helped plan Nixon’s inaugural pageantry before he was appointed director of the information agency, which had been created at the height of the Cold War to broadcast programming that would further American interests overseas.There he shifted its financing efforts from movies to television. He arranged U.S.I.A. coverage of the Apollo 11 moon landing, reaching 154 million people, and introduced television programs giving American views on issues in less developed countries.He also used his position to press his own anti-Communist thinking, sometimes to the ire of the State Department, which was negotiating treaties with the Soviet Union. He had a film made that argued that most Americans supported the Vietnam War, and he ordered that the works of conservative authors be placed in his agency’s libraries.Richard Nixon, as a presidential candidate, answered questions from a panel during a CBS television appearance in 1968.Associated PressMr. Shakespeare publicly clashed with Senator J. William Fulbright, the Democratic chairman of the Senate Foreign Relations Committee, calling him “bad news for America” in an argument over the agency’s budget authorization.Mr. Fulbright countered that Mr. Shakespeare was “a very inadequate man for his job.”Francis Joseph Shakespeare Jr. was born in New York City on April 9, 1925, to Francis and Frances (Hughes) Shakespeare. He attended Holy Cross College in Massachusetts, graduating in 1946, and served in the Navy from 1945 to 1946. He worked briefly for the Liberty Mutual Insurance Company and Procter & Gamble before becoming an advertising salesman for radio stations.In 1957, at 32, he was named general manager of WXIX-TV, a CBS affiliate in Milwaukee. Two years later, he was named vice president and general manager of WCBS-TV in New York. There he personally presented what was regarded as the first television editorial on local affairs, a critique of off-track betting. In another editorial, he examined how critics had treated a new CBS comedy show.He soon became a protégé of James T. Aubrey Jr., a top executive at CBS. In 1965, Mr. Shakespeare was appointed executive vice president, the second-highest post at the network.But after Mr. Aubrey was dismissed as president that same year, Mr. Shakespeare’s star waned. His last job at CBS was as head of its cable TV, syndication of programs and foreign investment. He said he volunteered for the Nixon campaign after being impressed by the candidate’s intellect when they met.Mr. Shakespeare left the Nixon administration in 1973 to become executive vice president of the Westinghouse Electric Corporation, where he oversaw the company’s broadcasting operations. He went on to become president and vice chairman of RKO General, which owned radio and television stations.He was named chairman of the Heritage Foundation in the early 1980s as it pushed conservative positions like abolishing the Energy Department and cutting food stamps.In 1981, President Ronald Reagan named him chairman of the Board for International Broadcasting, overseeing Radio Free Europe and Radio Liberty. He served as ambassador to Portugal from 1985 to 1986 and to the Vatican from 1987 to 1989.Mr. Shakespeare’s wife, Deborah Anne (Spaeth) Shakespeare, with whom he had three children, died in 1998. In addition to his daughter Fredricka, he is survived by another daughter, Andrea Renna; a son, Mark; and 11 grandchildren.For all his skill in honing an image, Mr. Shakespeare knew his limitations in trying to mold Nixon, according to the McGinniss book. When other Nixon aides complained that the candidate had resisted their entreaties to stop repeating the phrase “Let me make one thing perfectly clear,” Mr. Shakespeare had the last word.Drop the subject, he said — it wasn’t going to happen.Maia Coleman contributed reporting. More

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    Walker and Warnock Spend Big on TV Ads as Georgia Football Wins

    Nothing quite holds an audience captive like a clash of undefeated college football behemoths. Senator Raphael Warnock and Herschel Walker didn’t need reminding of that on Saturday.Neither candidate in Georgia’s pivotal Senate race blinked at the $50,000 cost of a 30-second campaign ad during Saturday’s game between the top-ranked University of Tennessee and the third-ranked University of Georgia, according filings with the Federal Communications Commission.Each of them booked two ads on Atlanta’s CBS affiliate, with the National Republican Senatorial Committee listed as sharing some of the cost of one of the ads supporting Mr. Walker.On CBS in Atlanta, a 30-second ad during the pregame show or on Friday night prime time cost $5,000; it was a thrifty $75 during the station’s “Wake Up Atlanta” show in the 5 to 5:30 a.m. time slot on weekdays.Mr. Walker won the Heisman Trophy in the 1980s when he starred for the Georgia Bulldogs, which are the defending national champions in college football. Georgia beat Tennessee, 27-13.The State of the 2022 Midterm ElectionsElection Day is Tuesday, Nov. 8.House Democrats: Several moderates elected in 2018 in conservative-leaning districts are at risk of being swept out. That could cost the Democrats their House majority.A Key Constituency: A caricature of the suburban female voter looms large in American politics. But in battleground regions, many voters don’t fit the stereotype.Crime: In the final stretch of the campaigns, politicians are vowing to crack down on crime. But the offices they are running for generally have little power to make a difference.Abortion: The fall of Roe v. Wade seemed to offer Democrats a way of energizing voters and holding ground. Now, many worry that focusing on abortion won’t be enough to carry them to victory.In one ad for Mr. Warnock that he highlighted on Twitter during the game, three Georgia graduates conveyed their reverence for Mr. Walker’s accomplishments as a college football star, but said that was where the praise ended. One was wearing a jersey with Mr. Walker’s No. 34 and another displayed a football autographed by him.“I’ve always thought Herschel Walker looked perfect up there,” said a man identified in the ad as Clay Bryant, a 1967 graduate, pointing to photos of Mr. Walker on a wall in his home.“I think he looks good here,” another graduate said, gesturing to her jersey.“I think he looks great there,” the third one said, sitting next to the football and a copy of Sports Illustrated with Mr. Walker on the cover.“But Herschel Walker in the U.S. Senate?” the three asked critically in unison.On social media, college football fans groused about being bombarded with attack ads run by the candidates and groups aligned with them, including dueling commercials that lobbed domestic abuse allegations at Mr. Walker and Mr. Warnock.Senator Lindsey Graham, left, campaigned with Herschel Walker in Cumming, Ga., in October.Nicole Craine for The New York TimesMr. Walker has been roiled by accusations that he urged two women to have abortions, despite campaigning as a conservative who opposes the procedure.On the CBS affiliate in Savannah, Ga., Mr. Walker booked a 30-second ad during the game for $35,000, while Mr. Warnock reserved a 30-second block for $15,000. Advertising rates are typically higher for coordinated efforts between parties and candidates than for candidates on their own.On the CBS affiliate in Augusta, Ga., Mr. Walker reserved a pair of 30-second ads during the game for $25,890, with the N.R.S.C. listed as helping to pay for one, according to federal filings. Mr. Warnock bought ads on the same station, but not during the game.Mr. Warnock and Mr. Walker, who is backed by former President Donald J. Trump, were not the only bitter rivals in a close Senate race who invested heavily this week advertising around sporting events.In Pennsylvania’s open-seat contest, the celebrity physician Dr. Mehmet Oz, a Republican, and Lt. Gov. John Fetterman, the Democratic candidate, spent six figures to run campaign ads during the World Series featuring the Philadelphia Phillies and the Houston Astros.Both candidates booked multiple ads on Fox’s Philadelphia affiliate at a rate of $95,000 for 30 seconds, according to federal filings. Mr. Fetterman also reserved 30 seconds of airtime during Thursday night’s National Football League game between the Philadelphia Eagles and the Houston Texans. More