The company and Apollo Global Management are discussing a joint effort, even as Paramount conducts exclusive merger negotiations with Skydance.
Category: Paramount Global
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A Looming Question for Paramount’s Board: How to Navigate Shari Redstone
The board of directors has to walk a fine line, looking out for investors without running afoul of Ms. Redstone, the company’s most influential shareholder.
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Apollo Valued Paramount at $26 Billion in Overture That Was Ignored
Paramount’s board of directors, which was already deep into talks with the media company Skydance, didn’t engage with the offer.
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Deal Talks Between Paramount and Skydance Heat Up
David Ellison, the founder of the Skydance media company, met with Paramount’s board of directors late last month to discuss the deal.
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Paramount Lays Off Hundreds of Workers
The company, which is moving away from traditional TV, lost more than $1 billion last year at its streaming division.
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Warner Bros. Discovery in Talks to Merge With Paramount
The talks, which are said to be in the early stages, add Warner Bros. Discovery to the list of companies pursuing a possible deal with Paramount.
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Paramount Agrees to Sell Simon & Schuster to KKR, a Private Equity Firm
The deal, for $1.62 billion, will put control of a cultural touchstone in the hands of a financial buyer.
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‘She Won’t Be Manageable’ They Said. Now She’s in Charge.
Her father doubted her much of her career. Les Moonves launched a bid at CBS to overrule her. That was before sexual misconduct allegations came to light. Now Shari Redstone controls the media empire.
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CBS Entertainment’s Kelly Kahl Is Departing as Company Cuts Costs
Kelly Kahl will be replaced by Amy Reisenbach, the executive vice president of current programs at CBS.