The Latest Breaking News from Paramount

Oracle founder Larry Ellison’s son, David Ellison, announced he reached terms to acquire a controlling stake in Paramount.

Plan is to create a media-technology hybrid and cut costs by $2 billion

September S&P 500 E-Mini futures (ESU24) are down -0.06%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.05% this morning as investors looked ahead to the release of U.S. inflation data, Federal Reserve Chair Jerome Powell’s congressional testimony, and the start of the second-quarter earnings season later in the…

End to Redstone family’s involvement in media group, which also owns CBS, Nickelodeon and the UK’s Channel 5

Entertainment giant Paramount, which owns CBS and was behind blockbuster films such as “Top Gun” and “The Godfather” has agreed to merge with Skydance

September S&P 500 E-Mini futures (ESU24) are down -0.06%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.05% this morning as investors looked ahead to the release of U.S. inflation data, Federal Reserve Chair Jerome Powell’s congressional testimony, and the start of earnings season later in the week.

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

Also in this week's 'Next Text,' we poke 'The Bear' to see if it's been vastly overrated, we ponder YouTube's lofty valuation ... and we review a shifty review from a certain Hollywood trade

After a historically bad first half of the year, the box office is suddenly booming