The latest in:
Paramount merger
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Premium Content
08/08/2024
Paramount to Slash 15% Workforce, Taking $6B Write-down
With Paramount moving toward its proposed merger with Skydance, management used its 2Q24 earnings call to announce a 15% reduction in workforce to help it achieve $500 million in annual run rate cost savings headed into 2025.
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Premium Content
07/26/2024
Paramount Shareholder Sues Over Skydance Merger
A Paramount shareholder filed a lawsuit in Delaware’s Court of Chancery on Wednesday seeking to block the merger agreement with Skydance Media.
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Premium Content
06/12/2024
Paramount CEOs Address Failed Skydance Deal in Memo
It hasn’t exactly been calm waters for Paramount as of late, but its CEO trio is looking to steady the ship.
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Premium Content
06/04/2024
Paramount Ignores Skydance
Anybody tuning into Paramount Global’s annual shareholder meeting Tuesday morning hoping for an update on Skydance Media’s latest merger offer was left disappointed.
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Premium Content
06/03/2024
Paramount Appears Ready to Boogie with Skydance
Paramount Global shares closed up about 7.5% on Monday after reports from The Wall Street Journal and CNBC that a deal with Skydance could be imminent.
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Premium Content
04/29/2024
Paramount Confirms Bakish’s Out, Hosts Brief Earnings Call
A half hour before hosting its short 1Q24 earnings call, Paramount Global confirmed Bob Bakish would be stepping down as CEO.