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The Latest Breaking News from Paramount Global

Shari Redstone To Leave Paramount Board Post Skydance Merger: Report

Both Redstone and her son, Tyler Korff, have the option to join the board of the new company but have no plans to do so, according to a report.

International Business Times

United Way and Paramount to air benefit for hurricane relief

United Way Worldwide and Paramount Global have announced they will host a benefit to raise funds for those impacted by Hurricanes Helene and Milton

The Independent UK

Is Wall Street Bullish or Bearish on Paramount Global Stock?

As Paramount Global underperformed relative to the broader S&P 500 Index over the past year, Wall Street analysts remain cautious about the stock’s prospects.

Barchart

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What to Expect From Paramount Global's Next Quarterly Earnings Report

Paramount Global is gearing up to release its third-quarter earnings next month, and analysts expect a double-digit profit dip.

Barchart

Is Paramount Global Stock Outperforming the Nasdaq?

Paramount Global has recently outperformed the Nasdaq, but Wall Street analysts are cautious about the stock’s prospects.

Barchart

Introducing the first Fortune LGBTQ+ Leaders list

Today we celebrate the leaders who have bravely blazed a trail, leaving the path clear for the next generation.

Fortune

How Paramount Global’s two openly-gay CEOs are blazing a trail, and helping the next generation

With their unrelenting support for the next generation, Paramount Global is positioned to reap the rewards in the future.

Fortune

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MTV turns to innovative AI for money

MTV finds innovative ways to generate revenue amid economic struggles.

The Street

Stocks Close Higher as US Consumer Confidence Rises to 6-Month High

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.33%. US stocks Tuesday shook off early losses and closed slightly higher. Stocks recovered Tuesday...

Barchart

Stock Market Today: Stocks Edge Higher With Nvidia Earnings in Focus

Nvidia stock gained ground ahead of tomorrow's after-the-close earnings event, while Super Micro Computer got hit by a short seller report.

Kiplinger

Midday stock movers: Netflix, Paramount, CAVA

Here are the stocks making the biggest market moves today.

The Street

Stocks See Support as Chip Stocks Rebound

The S&P 500 Index ($SPX ) (SPY ) today is up +0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.32%. US stocks today shook off early losses and are mostly higher. Stocks recovered today...

Barchart

Stocks Pressured by Higher Bond Yields and a Slide in Chip Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down -0.36%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.57%. US stocks today are moving lower, with the Nasdaq 100 falling to a 1-1/2...

Barchart

Skydance Merger With Paramount Moves Forward After Bronfman Drops Bid

Canadian media mogul proposed $4.3B for the company a week ago

TV Tech

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The Guardian - UK

Path clears for Paramount merger with Skydance after Bronfman drops bid

Ex-Warner Music chief had formed consortium to gazump planned deal but some would-be investors withdrew

Multichannel News

Edgar Bronfman Jr.’s Bid for Paramount Fades to Black

Withdrawal appears to clear way for Skydance to close acquisition of struggling media company

International Business Times

Path Cleared For Skydance Media's Paramount Takeover As Edgar Bronfman Exits Bid

Paramount's board, through its special committee, confirmed the conclusion of the "go shop" period.

TV Tech

Report: Paramount Considering Sale of 12 Local TV Stations

Bloomberg is reporting that Paramount has hired a banker to explore asset sales, which would include local TV stations

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International Business Times

Skydance Accuses Paramount Of Breaching Buyout Deal Terms, Seeks Halt To Bronfman Negotiations: Report

David Ellison's Skydance is reportedly demanding that Paramount stop its negotiations with Edgar Bronfman Jr. after the latter improved his bid to acquire the entertainment titan.

Multichannel News

Charter Puts Ad-Supported Paramount Plus into Its Most Popular Spectrum Pay TV Bundles

Cable operator reached broad-reaching carriage agreement with Paramount Global back in May that let it offer Paramount Plus Essentials at no additional cost to subscribers

The Independent UK

Paramount extending 'go shop' period by 15 days so it can review Bronfman offer

Entertainment giant Paramount Global is extending by 15 days a period where it’s allowed to assess alternative offers to its merger agreement with Skydance so that it can review a proposal from Edgar Bronfman, Jr. Paramount said late Wednesday that the “go shop” period for Bronfman will be extended until…

Top News

Wall Street Anticipates Federal Reserve Chair's Speech At Jackson Hole

Stay informed about Wall Street's modest gains, corporate earnings, and Powell's speech. Paramount Global surges, Advance Auto Parts falters. European mark...

International Business Times

Edgar Bronfman Raises Bid To Acquire Paramount Global As 'Go Shop' Period Extended: Reports

Bronfman's latest offer includes $3.2 billion in funds that could be used to reduce Paramount's debt or to buy non-voting shares from investors.

The Guardian - US

Paramount Global receives $4.3bn takeover offer from Edgar Bronfman Jr

Veteran media executive’s bid would scupper Hollywood media empire’s planned merger with Skydance Media

Multichannel News

Edgar Bronfman Makes $4.3 Billion Bid For Paramount

Shari Redstone’s National Amusements gets $2.4 billion

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