Byron Allen Says What He’d Do With Paramount Global
Byron Allen, founder, chairman and CEO of Allen Media Group, spoke about his bid to acquire Paramount Global at NAB Show April 14. Allen …
Byron Allen, founder, chairman and CEO of Allen Media Group, spoke about his bid to acquire Paramount Global at NAB Show April 14. Allen …
Some Paramount Global investors are speaking out about a possible merger with Skydance Media, calling on the U.S. media conglomerate to look …
Four board members at Paramount Global will step aside as talks continue with the David Ellison-led Skydance Media, the company confirmed …
Shares of Paramount Global were down as much as 7% Wednesday as several directors are leaving the company’s board and talks with Skydance …
Dawn Ostroff, Frederick Terrell and Nicole Seligman were on the independent special committee tasked with finding the best deal for all …
The ownership structure shades deal talks, leaving regular shareholders with few options aside from voting with their feet.
Skydance has made a unique pitch to Paramount Global’s special committee, in charge of accepting or rejecting transactions, and its …
The board of directors has to walk a fine line, looking out for investors without running afoul of Redstone, the company’s most influential …
Paramount Global, the parent of CBS and MTV, is getting closer to a deal to merge with independent producer David Ellison’s Skydance Media. …
Shares of Paramount Global jumped more than 15% Wednesday afternoon with Skydance chief David Ellison in pole position to clinch a majority …
Shari Redstone is getting one step closer to selling her media empire. Paramount, home to one of Hollywood’s most storied movie studios as …
Paramount Global‘s credit rating has been lowered to junk status by S&P Global, which cited the toll of ongoing pay-TV declines as a key …
The odds of a seismic M&A event seem to be increasing: Private-equity firm Apollo Global has reportedly offered $11 billion for …
Shari Redstone looks like she remains firmly opposed to breaking up Paramount Global. Redstone, president of National Amusements Inc. — the …
Shares in Paramount Global soared on Wednesday after details of an $11 billion acquisition proposal by the private equity firm Apollo became …
The offer comes as Paramount’s directors are weighing a merger with Skydance.
The influential analyst says the CEO is to blame for Paramount Global’s money-losing streaming strategy.
Paramount Global Chief Financial Officer Naveen Chopra said management is chipping away at debt, cutting costs, heading towards streaming …
As part of its week-long activation for the 2024 Super Bowl, Paramount Global took Drew Barrymore, Entertainment Tonight and Inside Edition …
Paramount Global controlling shareholder Shari Redstone has increased the seriousness of sale talks in recent months. Sector-related …
The syndicator, station owner, cable network empresario, force of nature has gotten some attention from Shari Redstone with his $30 billion …
Investors rallied behind Paramount Global’s stock after Byron Allen emerged as an unexpected bidder in the latest twist in the media …
The media mogul and owner of The Weather Channel has made a $30 billion offer for the debt and equity of Paramount Global. The official word …
Paramount Global CEO Bob Bakish, acknowledging the takeover rumors swirling around his media conglomerate, sent a memo to staffers urging …
Apollo Global Management is considering making an offer for National Amusements Inc., the Redstone family company that controls film and TV …
Amid speculation about its future, Paramount Global is proceeding with a new wave of staff reductions in February, according to sources who …
Shari Redstone’s investment banker, Byron David Trott, has pulled some unusual moves as he explores a possible sale of her Paramount media …
CEO David Ellison (pictured), his father, Larry, and other investors are in talks to buy Shari Redstone’s stake in National Amusements, …
Warner Bros. Discovery and Paramount Global have held talks about a potential merger of the two media companies. Warner Bros. Discovery CEO …
Paramount Global is in talks to sell its Black Entertainment Television network to a management-led investor group, according to people with …
The Shari Redstone speculation and resulting renewed interest in deal talk could well have a domino effect and contribute to getting the …
Shares in the studio jumped by over 13% on Wall Street chatter around Skydance Media and RedBird Capital possibly courting a deal with …
Skydance is kicking the tires on the Redstone assets. David Ellison and RedBird’s Gerry Cardinale are taking the lead, but it’s super early, …
Paramount Global will start 2024 with some big bills to pay and questions swirling about its creditworthiness, in the view of a veteran …
Apple and Paramount Global have discussed bundling their streaming services at a discount, the latest attempt by rival entertainment giants …
Paramount Global has become the first programmer to join Go Addressable, a group formed by distributors to push addressable advertising that …
Until 2024’s political windfall machine can kick in, TV groups have been leaning into revenue opportunities from sports rights and streaming …
Bank of America analyst Jessica Reif Ehrlich has been bullish on the stock of Paramount Global, driven by her belief that the entertainment …
While the TV media division saw an ad revenue decrease to $1.7 billion, down 14%, from a year ago, direct-to-consumer revenue moved in the …
Paramount Global beat Wall Street analysts’ estimates in the third quarter, thanks in large part to streaming flagship Paramount+, which …
Shari Redstone may have missed her window. Paramount Global’s controlling shareholder is open to a merger or selling the company at the …
“We stand united against all acts of terror and hate,” Shari Redstone and Bob Bakish told employees amid the Israel-Hamas war via an …
The measurement integration will enable transactions covering linear and total cross-platform reach for Paramount’s portfolio of networks …
A chief information and security officer will take the stage with two media industry attorneys and a trial lawyer from the Securities and …
President-CEO Bob Bakish: “As we get to Q4, sports are going to be the key driver, frankly the NFL, The Big 10 — that timing has turned out …
Paramount Global is close to announcing a sale of its publisher Simon & Schuster to private investment giant KKR, according to a person …