A special committee of Paramount Global‘s board set up to steer its M&A process has declared an end to the “go-shop” period in its pending Skydance Media merger and says ...
Skydance Media is urging Paramount Global to stop considering a proposal by an investor group led by Edgar Bronfman Jr. to buy control of the company, threatening to withdraw its ...
EXCLUSIVE: We are hearing that Edgar Bronfman Jr.‘s bid for Paramount Global could come as early as tonight ahead of an 11:59 ET deadline on Aug. 21. That’s when Par’s ...
Paramount Global has officially initiated long-planned layoffs as it looks to reduce its U.S.-based workforce by 15%. The first of three stages of staff reductions is beginning today, with 90% ...
Sports, broadcast TV and digital paced Paramount Global‘s overall performance in the upfront ad market, Co-CEO Chris McCarthy said during the company’s second-quarter earnings call. “We are pleased with our ...
Paramount Global has taken massive hit to earnings, booking a nearly $6 billion write-down as part of its second-quarter earnings, a day after Warner Bros. Discovery reported an even bigger ...
A momentous couple of weeks for Paramount Global are underway. Its second-quarter earnings are due out today; the “go-shop” period in the $8B Skydance deal closes August 21; and a ...
Fund manager Mario Gabelli, the biggest holder of Paramount Global Class A voting shares after Shari Redstone, said he absolutely needs more information on the Skydance transaction than what’s been ...
Mario Gabelli, a major shareholder of Paramount and its predecessor companies for decades, is pressing for more information about the company’s pending merger with Skydance. Specifically, the investor and fund ...
EXCLUSIVE: Sony will not be one of those rival parties trying to shore up a better bid during Paramount Global‘s Go-Shop period following the $8 billion offer by the David ...
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