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Business
Skydance CEO David Ellison — and scandal-scarred media exec Jeff Shell — signal $2B in cost cuts for Paramount
Skydance boss David Ellison and the scandal-scarred media exec Jeff Shell signaled a whopping $2 billion in cost cuts at…
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Business
Special committee of Paramount Global endorses plan to merge with Skydance Media, source says
Tech scion David Ellison moved one step closer to gaining control of Paramount Global, with a special committee voting Sunday…
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Business
Netflix, Disney ask Canada court to stop proposed tax on streaming revenue: report
Netflix and Disney and other major US streaming services have asked a Canadian court to stop plans by authorities to…
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Business
Paramount investor Mario Gabelli ‘may not sell stock’ in proposed Skydance merger
Billionaire Mario Gabelli, a key voting shareholder in the holding company that controls Paramount, said he may remain an investor…
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Business
Shari Redstone reaches preliminary deal to sell controlling stake in Paramount to Skydance Media for $1.75B
Shari Redstone changed her mind, again! The media heiress reached a preliminary agreement to sell her controlling stake in Paramount…
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Business
Paramount+ to hike streaming prices, joining rivals — here’s how much plans will cost
Paramount Global is raising subscription rates for its flagship streaming services, the media giant said Monday, as it looks to recalibrate…
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Business
Shari Redstone refusing to sell Paramount to Skydance is shocking after negotiations fell through
Maybe the biggest tell that traditional media is heading for the ICU isn’t that after months of intense negotiations, Shari…
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Business
Wall Street bankers, lawyers losing out on hundreds of millions after Paramount’s scrapped Skydance merger: sources
Wall Street bankers and white-shoe law firms are losing out on hundreds of millions of dollars in fees after Shari…
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Business
Mario Gabelli legal threat affected doomed Paramount merger
A legal threat from investor Mario Gabelli was a “major factor” in this week’s implosion of Shari Redstone’s $8 billion…
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Business
Shari Redstone receives fewest votes in Paramount board election
Paramount Global controlling shareholder Shari Redstone received the fewest votes among other directors in the company’s board election, a filing on Friday…
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