‘I’m out’: Edgar Bronfman Jr drops Paramount bid, company will merge with Skydance in 2025
Following Bronfman's withdrawal, Paramount's special committee announced an end to the "go-shop" period in its merger with Skydance Media
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Following Bronfman's withdrawal, Paramount's special committee announced an end to the "go-shop" period in its merger with Skydance Media
The extension will give Paramount's special committee more time to consider Edgar Bronfman Jr's bid for the company, which is believed to have risen...
Paramount's special committee is expected to consider the new bid from media mogul Edgar Bronfman Jr tomorrow
The lawsuit submitted by investor Scott Baker claims the deal would cost Paramount shareholders $1.65 billion
Once approved, Skydance CEO David Ellison will become CEO of the new company, currently named New Paramount
The two sides are said to have reached a tentative agreement with terms being sent for review to the special committee set up to...
The three CEOs confirmed areas for job cuts have already been identified
The company said it had not been able to "reach mutually acceptable terms regarding the potential transaction with Skydance Media"
Paramount's board is expected to vote on the Skydance deal on Tuesday (June 4th) as part of the company's annual meeting
According to multiple reports, the new bid from Skydance offers a better deal to Paramount's Class B shareholders, who were said to be unhappy...
The New York Times said the move was "a significant step forward in their effort to court Paramount"
Sony and Apollo may decide to acquire Shari Redstone’s National Amusements, which is the controlling shareholder of Paramount Global
Companies are expected to sell off Paramount's linear channels as well as close Paramount Plus
According to reports, if the bid is successful, Sony would be the significant majority shareholder of the new private company
Paramount said the Office of the CEO is working with its board to develop a comprehensive, long-range plan to "accelerate growth and develop popular...
CEO Bob Bakish is expected to leave the company as early as today, with a new leadership committee likely to run the company on...
The global electronics company is said to be considering joining forces with investment firm Apollo Management to bid for Paramount Global
Allen Media Group already owns The Weather Channel and a number of local US TV stations
The product, which will leverage Pluto TV’s technology platform, will combine BVoD, FAST, AVoD and Live TV all at once, said the company
Part one of our guide to the speakers and sessions to attend at IBC2023 focuses on the IBC Conference which covers the first two...