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Paramount Global

David Ellison and Jeff Shell Say Paramount Can Be “Winner” in Streaming, Plan $2B in Cost Savings

The incoming owners of Paramount Global laid out their vision for the company — and why the deal is a good one for investors...

Paramount Global Co-CEOs Tell Staff “It’s Business As Usual” Until Skydance Deal Closes

Following the news Sunday night of Skydance Media’s $8 billion deal to take over Paramount Global, the current Paramount co-CEO troika of Brian Robbins,...

Shari Redstone Tells Paramount Employees Skydance ‘Has a Clear Strategic Vision for the Future’; Co-CEOs Say in Memo ‘It’s Business as Usual’ for Now

After months of talks, Paramount Global and Skydance Media officially announced a deal to merge Sunday night. Shari Redstone, non-executive chair of Paramount Global and...

It’s Official: Skydance Wins the Battle for Paramount Global

In a landmark deal that will shake up the entertainment landscape, Shari Redstone has agreed to sell control of Paramount Global to a consortium...

Paramount and Skydance agree to merge, marking a new chapter for the storied media company

In 2000, Redstone expanded his media empire again by acquiring CBS, a move that made Viacom one of the most muscular media companies of...

New Paramount-Skydance Deal Nears Finish Line As Board Special Committee Signs Off

A consortium led by David Ellison’s Skydance is nearing the finish line on its new deal to acquire Paramount Global. According to sources, Paramount’s special...

They’re Back: Skydance and Paramount Restart Talks

It’s back to the negotiating table. Shari Redstone’s National Amusements (NAI) and David Ellison’s Skydance Media are reengaging on talks that could lead to...

Paramount shares pop 9% on news of preliminary Skydance Media deal

Shari Redstone, president of National Amusements, speaks at the WSJ Tech Live conference in Laguna Beach, California, on Oct. 21, 2019.Mike Blake | ReutersParamount...

Paramount Renews Talks to Sell BET Assets

After several stops and starts, Paramount Global appears to be renewing its effort to sell off its BET Media Group assets. The Shari Redstone-controlled...

Barry Diller’s IAC Explores Paramount Offer (Report)

Barry Diller appears to be taking a look at Paramount Global. The mogul’s digital media firm IAC is the latest to throw its hat...

YouTube dominates streaming, forcing media companies to decide whether it’s friend or foe

It's been almost 20 years since the founding of Alphabet's YouTube, and Hollywood still doesn't really know what to do with it.YouTube, which effectively...

Paramount Chiefs to Staff: We’re Cutting $500M in Costs After “Unacceptable” Profit Drops

The M&A “noise” surrounding Paramount Global following the end to sales talks with David Ellison’s Skydance Media won’t dissipate any time soon, but the...

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