Por: Los Angeles Times Business July 25, 2024
As expected, Paramount Global shareholders are challenging the terms of the struggling company's proposed blockbuster merger with Skydance Media. The first lawsuit arrived Wednesday, three weeks after Paramount board members — including controlling shareholder Shari Redstone — approved an $8-billion, two-phase deal with tech scion David Ellison and his backers. The deal, which must be approved by regulators, would buy out the Redstone... + full article
Los Angeles Times USA Business August 09, 2024
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. Executives also announced another steep round... + más
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Slate USA Business July 23, 2024
If you designed a company from scratch with no goals other than to confuse people and make them fight each other, you’d structure your business a lot like Paramount Global. The legacy media company with the huge film studio is a publicly traded business worth around $8 billion... + más
Los Angeles Times USA Business January 11, 2024
Film producer David Ellison's Skydance Media is exploring an all-cash deal to acquire National Amusements Inc., the company that controls Paramount Global, as part of a bid to merge the two entertainment businesses , according to people familiar with the matter who were not... + más
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Newsweek USA Business December 21, 2023
Legendary investor Warren Buffett's company, Berkshire Hathaway, owns about 93 million shares of Paramount, a company currently navigating troubled waters and which experts believe might be sold soon.Shares of the entertainment giant have been sliding for quite a while now.... + más
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MarketWatch USA Business December 14, 2023
The reports emerged last week when that media and entertainment group Skydance — which is run by David Ellison, son of Oracle Corp. Founder Larry Ellison — and RedBird Capital were kicking the tires on National Amusements and Paramount . National Amusements is the Norwood,... + más
CNBC USA Business March 06, 2023
In this articleShari Redstone, chairwoman of ViacomCBS and president of National Amusements, and Bob Bakish, President and CEO of ViacomCBS, celebrate their company's merger at the Nasdaq MarketSite in New York, December 5, 2019.Brendan McDermid Reuters is considering... + más
Showtime chief’s departure signals Paramount is moving forward on its plan to merge streaming services | CNBC
Paramount’s profit falls on rising costs | Fox Business
Fox Business USA Business November 02, 2022
Paramount Global President and CEO Bob Bakish says the film industry giant is 'in the middle of a transformation.' Paramount Global reported a drop in third-quarter profit on higher costs, while revenue increased nearly 5% as the media company added 4.6 million... + más
Paramount Global shares sink as results miss and TV revenue falls | CNBC
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