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Paramount Global

Sony Says a Deal For Paramount “Does Not Fit Well With Our Strategy”

Even though Shari Redstone has inked a deal with David Ellison’s Skydance Media to relinquish control of Paramount Global, the company has until Aug....

Paramount Has Until Aug. 21 to Mull Other Takeover Bids During “Go-Shop” Window

Paramount Global’s “go-shop” window, or the period in which the company can evaluate any other takeover offers, ends Aug. 21, according to securities filing...

CBS News President Ingrid Ciprian-Matthews to Exit, Shifts to Advisor Role Through 2024 Election

CBS News president Ingrid Ciprian-Matthews will exit the company, after a year running the broadcast news division. The executive will shift to a role as...

Credit Agencies Warn That Paramount’s Legacy Businesses Are a Concern, Despite Skydance Deal

The credit agencies are weighing in on Paramount Global, fresh off the deal that would hand control over the entertainment giant to David Ellison’s...

Paramount Analyst Downgrades Stock, Citing Lack of Breakup, Skydance’s “Lofty” Cost-Cutting Target

“Maybe We Have Different Dreams.” That was the headline of Wolfe Research analyst Peter Supino’s Tuesday report, in which he downgraded his stock rating...

What Now for Paramount? How Things Will (or Won’t) Likely Change

Skydance‘s deal to take control of Paramount Global will mean a change in leadership at the company, something the storied studio has dealt with...

Paramount Stock Drops 5% On Skydance Merger News

Paramount Global stock fell 5% on Monday as investors absorbed details of the company’s merger agreement with Skydance Media. The companies are targeting a...

Jeff Shell and David Ellison Dish on Paramount Plans: It’ll Be “Creator-Friendly Again”

Late Sunday night, after the consortium led by David Ellison’s Skydance sealed the deal to ultimately gain control of Paramount Global, Ellison spoke with...

Skydance-Paramount Deal: How Wall Street Views the Details So Far

After months of back-and-forth, Shari Redstone has finally agreed to sell control of Paramount Global to a consortium led by Skydance Media, led by David Ellison, and RedBird...

Movie Theater Owners to “Look Closely” at New Paramount-Skydance Deal Terms

The National Association of Theatre Owners, representing major movie exhibitors, is combing over the deal points for the proposed Paramount Global and Skydance Media...

Skydance Team Would “Be Supportive Of” Paramount Selling Off Some Assets

As Skydance and Paramount chart out their strategy as a merged company, its new leaders say they would still be open to selling assets.  On...

Skydance Deal Will Help Paramount “Double Down On Core Competency” And Embrace Technology, David Ellison Tells Investors

Skydance Media chief David Ellison said an $8 billion investment by the company and its backers will enable Paramount Global to “double down on...

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