Paramount's Streaming Soars, Swift Concert Fallout, and Disney's Big Reveals

A summary of top recent entertainment events: Paramount Global's shares rose due to streaming growth; Travis Scott was arrested in Paris; Taylor Swift's concert cancellations impact insurers; Disney showcases new films at its D23 fan convention; and Banksy's new London murals intrigue observers.

Paramount Global saw its shares rise by 6% on Friday, thanks to robust growth in its streaming service, despite a writedown in its TV unit. The media company outperformed earnings expectations and announced a 15% workforce reduction in the U.S.

In Paris, rapper Travis Scott was arrested for alleged violence against a security guard at the Georges V hotel. A criminal investigation has been launched following the incident.

Insurers are bracing for significant claims after Taylor Swift's concerts in Austria were canceled due to a thwarted attack. The cancellations affect over 195,000 fans who had plans to attend the Vienna shows.

At its D23 fan convention, Disney revealed upcoming films 'Moana 2,' 'Incredibles 3,' and 'Mufasa: The Lion King.' The event featured live performances and celebrity appearances, promising exciting new releases for fans.

New murals by Banksy featuring animals appeared in London, sparking curiosity and speculation about their meanings.

(With inputs from agencies.)