Media – Page 20

Jeff Zucker Abandons Telegraph Bid, Putting London Paper Back Into Play

RedBird IMI said it had withdrawn its attempt to acquire the storied newspaper after a revolt from Conservative Party leaders.

By Michael M. Grynbaum

Black Entertainment Television Ellison, David (1983- ) internal-storyline-no Media Mergers, Acquisitions and Divestitures Paramount Global Paramount Plus Redstone, Shari Video Recordings, Downloads and Streaming

Paramount Faces a Mountain of Questions

Bob Bakish, the media giant’s chief executive, is out, removing an obstacle to a deal with David Ellison's Skydance. But the company’s future is no clearer as a key deadline approaches.

By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler

Cable Television Media Mergers, Acquisitions and Divestitures Paramount Global Paramount Pictures Paramount Plus Redstone, Shari Skydance Productions LLC Stocks and Bonds

Bob Bakish, Paramount CEO, Steps Down as Company Weighs Merger

Mr. Bakish was once a staunch ally of Shari Redstone, Paramount’s controlling shareholder. His departure comes as the company considers a major merger.

By Benjamin Mullin and Lauren Hirsch

Ellison, David (1983- ) Media Mergers, Acquisitions and Divestitures Paramount Global Redstone, Shari Skydance Productions LLC Stocks and Bonds

Skydance Offers Paramount a Deal Sweetener: A $3 Billion Cash Infusion

The terms of the new deal would provide Paramount shareholders with an investment to pay down debt and buy back stock.

By Benjamin Mullin and Lauren Hirsch

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