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The Latest Breaking News from Paramount Global

Paramount Global Agrees to Merge with David Ellison’s Skydance, Jeff Shell Named President

Complex deal is valued at around $8 billion and will take control over Par out of Redstone hands for the first time since 1987

Multichannel News

Paramount and Skydance have officially merged – here's what that means for Paramount Plus

Paramount and Skydance have officially merged – here's what that means for Paramount Plus

A billion dollar deal to merge Paramount Global with Skydance Media has been reached – here's what that means for its streaming services.

Stocks Close Mixed Ahead Of Holiday As Nasdaq Shines; Tesla, Nvidia Soar (Live Coverage)

Stocks Close Mixed Ahead Of Holiday As Nasdaq Shines; Tesla, Nvidia Soar (Live Coverage)

Major indexes showed mixed action in a short session on the stock market today. Tesla and Nvidia stocks rose Wednesday.

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S&P Futures Tread Water Ahead of FOMC Meeting Minutes, U.S. Economic Data on Tap

September S&P 500 E-Mini futures (ESU24) are trending up +0.05% this morning as market participants looked ahead to the release of the Federal Reserve’s June policy meeting minutes while also gearing up for a slew of U.S. economic data to gain insights into the policy outlook.

David Ellison Forges New Agreement To Buy Paramount Holding Company National Amusements

Two sides also reportedly agree to 45-day period during which NAI and the Redstone family can shop for better offers

Broadcasting & Cable

Crikey’s 2024 Australian news job cuts tracker

2024 is shaping up to be a grim year for the Australian news industry. Here are the job cuts that we know about so far.

Paramount Global, DCMP Ink Agreement to Provide Captions for Nickelodeon Shows

The partnership ensures hundreds of hours of Nickelodeon's hit animated and live-action series will be accessible to families with young viewers and students with disabilities

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Venu Sports Announces Management Team Under CEO Pete Distad

Venu Sports Announces Management Team Under CEO Pete Distad

Top hires for Disney, Fox and WBD JV include former FanDuel and Hulu exec Brian Borkowski as CMO, and ex Apple, Disney and Hulu operative Tim Connolly as chief business officer

Broadcasting & Cable

Paramount Global owner calls off merger talks with Skydance Media

Paramount Global owner calls off merger talks with Skydance Media

National Amusements, which owns a majority voting stake in the embattled entertainment giant Paramount Global, says it has ended talks on a possible merger of Paramount with movie production company Skydance Media

The Independent UK

Bob Iger schooled him on Disney's grand theory of IP. Now Gerry Cardinale is backing Skydance Media's $8 billion bid for Paramount Global

Bob Iger schooled him on Disney's grand theory of IP. Now Gerry Cardinale is backing Skydance Media's $8 billion bid for Paramount Global

Cardinale's RedBird Capital Partners is an "IP monetization engine" that has partnered with celebrities from LeBron James to Ben Affleck. “I think he's focused on world domination,” says one collaborator.

Hollywood giant Paramount Global braces for new era as bidders circle

Hollywood giant Paramount Global braces for new era as bidders circle

Chair Shari Redstone weighs future of media empire behind Paramount Pictures, CBS and UK’s Channel 5

The Guardian - US

Dow Jones Falls As Warren Buffett Stock 'Plunges' 99%; Bill Ackman Makes This IPO Move

Dow Jones Falls As Warren Buffett Stock 'Plunges' 99%; Bill Ackman Makes This IPO Move

The Dow Jones fell on the stock market today. GameStop surged after influencer "Roaring Kitty" claimed a big stake. AI stock Nvidia popped.

Investors Business Daily

3 Unusually Active Speculative Put Options to Sell for Short-Term Income

3 Unusually Active Speculative Put Options to Sell for Short-Term Income

Thursday’s options market volume was 8% lower than its 30-day average. There were 624 unusually active put options on the day. These three speculative stocks could provide excellent short-term income.

What Are Wall Street Analysts' Target Price for Paramount Global Stock?

What Are Wall Street Analysts' Target Price for Paramount Global Stock?

Despite trailing the broader market this year, Wall Street analysts still see a modest upside for Paramount Global stock.

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Stocks Settle Higher on Solid Earnings and Fed Rate Cut Optimism

The S&P 500 Index ($SPX ) (SPY ) Monday closed up +1.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.46%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.13%. US stock indexes on Monday settled moderately higher, with the S&P 500 and Nasdaq...

Stocks Climb on Strength in Chips Stocks and Fed Rate Cut Optimism

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.61%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.60%. US stock indexes this morning are moderately higher, with the S&P 500 and...

Knuckles hits hard in record-breaking Paramount Plus debut as Sony eyes $26 billion Paramount takeover

The Sonic movie spin-off is a huge hit for Paramount – and that'll make Sony very happy as it reportedly tries to purchase its entertainment rival.

Sony, Apollo Make $26B Bid for Paramount

The exclusive negotiating period for a rival offer from Skydance ends on Friday, May 3

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Broader Market Retreats on Middle East Strife and Tech Stock Weakness

The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.88%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.56%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -2.05%. US stock indexes settled mixed on Friday, with the S&P 500 falling to a...

Stocks Fall Back on Middle East Tensions and Chip Stock Weakness

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.41%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.92%. US stock indexes this morning are mixed, with the S&P 500 falling to...

Stocks Pressured by Middle East Tensions

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.09%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.60%. US stock indexes this morning are mixed, with the S&P 500 falling to...

Sony Pictures And Apollo Global Management Consider Joint Bid For Paramount

Sony Pictures Entertainment and Apollo Global Management in talks for joint bid for Paramount Global, facing challenges with FCC regulations and ownership ...

Multichannel News

Byron Allen Says What He’d Do With Paramount Global (NAB Show)

Lays out key points for local broadcasters to stick around long-term

Multichannel News

CEO Bob Bakish's Pay Slipped to $31.3 Million as Paramount Nears Takeover

Executive would get $64 million if he left because of a change in control

Paramount Pictures CEO Brian Robbins Teases Potential Studio Sale

Paramount Pictures CEO Brian Robbins brings humor and teases upcoming projects at CinemaCon amidst sales talks and potential Paramount Global sale.

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