Paramount Global Class A

Yahoo Finance • last month

CNN lays off 6% of its workforce as CEO Mark Thompson announces $70 million digital transformation

CNN is laying off 6% of its workforce, or roughly 200 staffers, as the cable network aims to transform its newsroom into a digital-first operation. CNN parent company Warner Bros. Discovery (WBD) plans to invest $70 million into the netwo... Full story

Yahoo Finance • last month

Market Chatter: Paramount Global Considers Settling Trump Lawsuit as Skydance Deal Faces Challenges

Paramount Global (PARA) executives have conducted internal talks about the possibility of settling a PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premiu... Full story

Yahoo Finance • 5 months ago

NICKELODEON LETS KIDS' VOICES BE HEARD THIS ELECTION SEASON WITH RETURN OF KIDS PICK THE PRESIDENT "KIDS' VOTE" POLL AND BRAND-NEW SPECIAL

NICK'S "KIDS' VOTE" LAUNCHES TODAY, WITH RESULTS REVEALED IN SPECIAL HOSTED BY NATE BURLESON AND HIS DAUGHTER MIA, DEBUTING MONDAY, OCT. 28, ON NICKELODEON PLATFORMS AND PARAMOUNT+ Share it: @Nickelodeon #KidsPickthePresident Click HERE... Full story

Yahoo Finance • 6 months ago

Skydance Set to Seal Paramount Merger After Bronfman Drops Out

(Bloomberg) -- Seagram Co. heir Edgar Bronfman Jr. has dropped out of a bidding war for Paramount Global after submitting a $6 billion proposal for the entertainment company last week and challenging an offer of more than $8 billion from S... Full story

Yahoo Finance • 6 months ago

PARAMOUNT GLOBAL'S SPECIAL COMMITTEE ANNOUNCES END OF "GO-SHOP" PROCESS

NEW YORK, Aug. 26, 2024 /PRNewswire/ -- The Special Committee of the Board of Directors (the "Special Committee") of Paramount Global (NASDAQ: PARA, PARAA) ("Paramount" or "the Company") today confirmed that it has been informed by Edgar B... Full story

Yahoo Finance • 7 months ago

Paramount jumps as Edgar Bronfman reportedly readies takeover bid

Investing.com -- Paramount rose sharply Thursday after the Wall Street Journal reported that investor Seagram Bronfman Jr. is set to make a fresh offer to buy the struggling entertainment company. Paramount Global Class B (NASDAQ:PARA) wa... Full story

Yahoo Finance • 7 months ago

Edgar Bronfman to Prepare an Offer for Paramount Global

(Bloomberg) -- Seagram Co. heir Edgar Bronfman Jr. is close to making an offer for Paramount Global, setting off a potential bidding war for the film and TV company that owns CBS and MTV. Most Read from Bloomberg Manchester Is Giving Lon... Full story

Yahoo Finance • 7 months ago

Edgar Bronfman Jr. to prepare an offer for Paramount Global, Bloomberg News reports

(Reuters) - Former Warner Music Chairman Edgar Bronfman Jr. is preparing a bid for National Amusements, the family company that controls Paramount Global, the Wall Street Journal reported on Thursday. (Reporting by Jaspreet Singh in Benga... Full story

Yahoo Finance • 7 months ago

Paramount Global (PARA) Faces Activist Pressure By Barrington Capital

We recently compiled a list of the Shake-Up Alert: 40 Companies Facing Activist Pressure.In this article, we are going to take a look at where Paramount Global (NASDAQ:PARA) stands against the other companies facing activist pressure. The... Full story

Yahoo Finance • 8 months ago

Why Is Sony Stock Trading Higher On Tuesday?

Why Is Sony Stock Trading Higher On Tuesday? Sony Group Corp (NYSE:SONY) stock gained Tuesday as Paramount Global (NASDAQ:PARA) (NASDAQ:PARAA) agreed to merge with Skydance Media, creating “New Paramount,” which values the combined entity... Full story

Yahoo Finance • 8 months ago

Paramount's board approves bid by David Ellison's Skydance Media in sweeping Hollywood deal

Paramount Pictures is the longest operating movie studio in Hollywood. (Brian van der Brug / Los Angeles Times) Tech scion David Ellison's months-long quest to win control of Paramount Global moved closer to the finish line Sunday, in a d... Full story

Yahoo Finance • 8 months ago

Skydance Media's deal to gain control of Paramount could be sealed this weekend, sources say

By Dawn Chmielewski (Reuters) - Skydance Media's deal to acquire theater operator National Amusements, with its controlling interest in Paramount Global, could be finalized by Monday, sources familiar with the deal process said. Parties... Full story

Yahoo Finance • 10 months ago

US STOCKS-Wall Street climbs on renewed hopes of Fed rate cuts

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Focus on Fed speakers * Paramount Global up as bidders await word from special committee * Tyson Foods shares sink on worries ov... Full story

Yahoo Finance • 10 months ago

David Ellison's journey from trust fund kid to media mogul vying to buy Paramount

David Ellison Ellison's Skydance Media is a strong contender to acquire Paramount Global in a deal that would give the 41-year-old control of the storied movie studio behind "The Godfather" and "Chinatown." (Evan Agostini / Invision / Asso... Full story

Yahoo Finance • last year

Paramount earnings preview: Investors eye improved financials amid rise in M&A noise

Paramount Global (PARA) will report fourth quarter results after market close on Wednesday as investors eye reports on the company's potential deal-making options. Paramount is expected to report a direct-to-consumer (DTC) loss of $534 mi... Full story

Yahoo Finance • last year

UPDATE 1-S&P puts Paramount Global on negative watch as streaming competition grows

(Updates share move in paragraph 4, adds company's response in paragraph 5 and details from the release in paragraphs 8 and 10) Feb 23 (Reuters) - Ratings agency S&P on Friday placed Paramount Global's credit rating on a negative watch, c... Full story

Yahoo Finance • last year

S&P puts Paramount Global on negative watch as streaming competition grows

(Reuters) - Ratings agency S&P on Friday placed Paramount Global's credit rating on a negative watch, citing low operating cash flow generation at the media conglomerate due to the ongoing decline in cable television and competition in str... Full story

Yahoo Finance • last year

Berkshire Hathaway Trims Apple Position

Warren Buffett's Berkshire Hathaway has released its Form 13F filing. + Berkshire reduced its positions in Apple, HP and Paramount Global. + The company added to its positions in Chevron, Occidental Petroleum and Sirius XM. Continue readi... Full story

Yahoo Finance • last year

Paramount to Cut 800 Jobs Even as CEO Bakish Touts ‘Blockbuster’ Super Bowl

Chief Executive Bob Bakish says in an internal company memo that returning Paramount to earnings growth is a top priority. Continue reading... Full story

Yahoo Finance • last year

Paramount CEO: The 'Taylor Swift' impact on Super Bowl viewership

Paramount Global (PARA) will be broadcasting SuperBowl LVIII on CBS Sports this Sunday to millions of viewers. While many will tune in for the game itself and the entertaining ads, many newcomers may be watching for a different reason: ent... Full story