paramount
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Business
Paramount Global shares drop after annual meeting as hopes of merger with Skydance fade
Paramount Global executives revealed a plan to slash costs and find a partner for its streaming service — but shares…
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Business
Paramount, Skydance agree to terms on $8B merger deal: report
Paramount Global and Skydance have agreed on terms of a merger between the two entertainment companies that’s valued at $8…
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Business
Paramount’s special committee recommends Skydance deal: report
A special committee of Paramount Global’s board of directors reportedly agreed to recommend a $3 billion takeover bid from Skydance Media…
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Business
Nobody knows what Paramount chair Shari Redstone wants to do with conglomerate
Remember Byron Allen? You know, the voluble media executive who got Paramount shareholders all juiced up when he said he…
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Business
Apollo-Sony bid for Paramount could face antitrust hurdles from feds: sources
Apollo Global Management and Sony’s bid to buy Paramount Global faces significant hurdles to get the deal past Democratic-led federal…
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Business
Paramount won’t extend exclusive deal period with Skydance: sources
Paramount Global will end its exclusive negotiations with Skydance Media without reaching a deal, the New York Times reported Friday, citing people…
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Business
Layoffs at Byron Allen’s media company will hit 12% of workforce: sources
Layoffs at Byron Allen’s media company this week will affect about 300 employees across its operating divisions, representing 12% of…
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Business
Paramount Global receives $26B offer from Sony, Apollo amid Skydance talks
Sony Pictures and the private equity firm Apollo Global Management have expressed interest in buying Paramount Global for $26 billion,…
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Business
Paramount Global ousts CEO Bob Bakish, replaces him with trio of execs as it eyes Skydance merger
Paramount Global pushed out CEO Bob Bakish on Monday — removing a major opponent to the media giant’s possible merger…
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Business
Paramount mulls removing CEO Bob Bakish amid Skydance sale talks
Paramount Global is reportedly considering dumping longtime CEO Bob Bakish and replacing him with a group of executives as the…
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