Paramount
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Business
Sony and Apollo Express Interest in Buying Paramount in $26 Billion Deal
Paramount has been exploring a potential deal for months, talking to suitors including Skydance, producer of “Top Gun: Maverick.”
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Business
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…
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Business
Paramount’s Chief Executive, Bob Bakish, Steps Down
Mr. Bakish was once a staunch ally of Shari Redstone, Paramount’s controlling shareholder. His departure comes as the company considers…
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Business
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…
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Business
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.
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Business
Sony in Talks to Join a Bid to Buy Paramount
The company and Apollo Global Management are discussing a joint effort, even as Paramount conducts exclusive merger negotiations with Skydance.
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Business
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,…
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Business
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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Business
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…
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Business
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.