Is It Good to Go Exclusive?
The exclusive period for Paramount’s potential merger with Skydance expired without a deal, highlighting the long-debated question of whether exclusivity is a waste of time.
Posted inCable 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.
Posted inEllison, 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.
Posted inCable Television Media Mergers, Acquisitions and Divestitures National Amusements Inc Paramount Global Skydance Productions LLC Stocks and Bonds
Paramount Chief Executive Bob Bakish Could Be Out Next Week
He was once a staunch ally of the company’s biggest owner, Shari Redstone, but the relationship soured in recent months.