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6 days ago · After months of high drama and boardroom tension, Paramount Global’s proposed sale to David Ellison’s Skydance Media collapsed Tuesday after failing to win approval from its onetime biggest...
Jun 4, 2024 · June 4, 2024 9:10 AM PT. Despite the potential sale of Paramount Global, controlling shareholder Shari Redstone kicked off the company’s annual investor meeting Tuesday by expressing confidence...
Apr 29, 2024 · As expected, Bob Bakish is out as CEO of Paramount Global, and the company announced a new executive team that will step in on an interim basis.
5 days ago · With Skydance deal talks dead, Paramount Global's co-CEOs said they remain focused on their strategic plan for the company as a standalone entity. ... News; Jun 12, 2024 11:36am PT
Apr 29, 2024 · Paramount Global on Monday parted ways with chief executive Bob Bakish in a seismic move that sent reverberations through the media conglomerate as it actively engages in acquisition talks with...
May 2, 2024 · In the latest twist in Paramount Global’s M&A saga, Sony Pictures Entertainment and Apollo Global Management have made a bid to take Paramount private with an all-cash buyout offer of $26...
6 days ago · Media entrepreneur Byron Allen has been one of the most vocal interested parties in Paramount, making a $14.3 billion offer for the company in late January. Including debt, his proposal was worth ...
6 days ago · The move came a little more than a week after Skydance and Paramount had agreed to financial terms of a merger that would have been valued at $8 billion. The deal had been awaiting signoff from ...
Nov 15, 2022 · Warren Buffett’s Berkshire Hathaway revealed its increased stake in media company Paramount Global. Shares of Paramount, the owner of broadcast network CBS, cable channels and streaming service...
Aug 4, 2022 · Despite seeing strong revenue gains from its streaming operations and from the success of the sequel to Cruise’s “Top Gun” in theaters, Paramount Global saw profit drop in its second fiscal ...
