Sony and Apollo bid $26B in cash for Paramount Global amid potential Skydance merger. Competing with Skydance, the deal may reshape the entertainment industry landscape.
Tags: Paramount Global
Paramount Global Slashes Jobs Again as Cord-Cutting Reshapes Media Industry
Paramount Global lays off 3.5% of U.S. staff as streaming growth reshapes the media industry.
Paramount Threatens to Pull CBS, Nickelodeon From YouTube TV Over Contract Fight
YouTube TV subscribers may lose access to CBS, Nickelodeon, and other Paramount channels as contract negotiations remain deadlocked.
Former CBS Anchor Jeff Vaughn Files Discrimination Lawsuit Against Network
Former CBS anchor Jeff Vaughn has filed a discrimination lawsuit against the network and its parent company, Paramount Global.
Paramount, Skydance Re-Negotiate Merger Deal: Report
The preliminary merger deal between National Amusements, Paramount Global, and Skydance Media appeared to have been reignited after abandoning it due to shareholder dispute.
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Paramount Global CEO Bob Bakish has announced his departure from the company. The Paramount logo is displayed at Columbia Square along Sunset Blvd in Hollywood, California on March 9, 2023.
Paramount's stock experienced a surge in after-hours trading following news of the bid discussions.
Four board members of Paramount Global are reportedly planning to leave the company as merger discussions with Skydance Media heat up.
As the media firm looks for ways to cut costs and increase earnings this year, Paramount Global is reportedly laying off approximately 800 employees, or about 3% of its workforce.
Byron Allen, through his company Allen Media Group, has made a $30 billion bid to acquire Paramount Global.
Warner Bros. Discovery and Paramount Global are reportedly in early talks about a potential merger. Warner Bros. Discovery and Paramount Global are reportedly in early talks about a potential merger.
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