paramount
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Business
Shari Redstone’s estranged niece to make $140M from Paramount sale as part of trust from grandpa Sumner: sources
A powerful media family torn apart by jealousy and rivalry. A granddaughter rushing to the aging patriarch’s side as he…
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Business
Paramount slashing thousands of jobs, writes down value of cable networks by $6B
Paramount Global wrote down the value of its cable networks by nearly $6 billion and announced it would cut 15% of jobs…
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Business
Sony says it won’t submit bid for Paramount
Sony will not submit another bid for Paramount Global as “it does not fit well with our strategy,” according to…
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Business
CBS News boss Wendy McMahon revamps management team after exit of controversial executive
CBS News boss Wendy McMahon on Monday installed a loyal lieutenant to replace controversial executive Ingrid Ciprian-Matthews in a bid…
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Business
Paramount Global receives competing bid of up to $43B from Apex Capital
Apex Capital Trust has submitted a competing offer to acquire Paramount Global in an all-cash deal for up to $43 billion, the investment…
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Business
Barry Diller hints IAC no longer in race for Paramount deal: report
Media mogul Barry Diller hinted on Friday that his company IAC was no longer in the race to buy Paramount…
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Tech
Shari Redstone flashes Amex gold card, Jeff Bezos brings Lauren Sanchez to ‘summer camp for billionaires’ in Sun Valley
Shari Redstone, Barry Diller and Jeff Bezos and his fiancée Lauren Sanchez were among those fueling the gossip mill as…
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Business
Famed investor Mario Gabelli preparing possible challenge to Paramount deal: ‘Operation fish bowl’
Billionaire investor Mario Gabelli’s investment firm is seeking more details about the valuation of National Amusements assets, the investor told…
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Business
Shari Redstone flashes big smile as she jets into Sun Valley for ‘summer camp for billionaires’ after Paramount deal
Billionaire Shari Redstone was all smiles Tuesday as she joined other business, tech and media moguls who jetted into Sun…
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Tech
Paramount, AI, and Disney — and why Warren Buffett won’t be there
The Sun Valley resort in Idaho is set to play host this week to Allen & Co.’s annual “summer camp…
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