Paramount Global takes $6-billion write-down. Layoffs to hit 15% of staff
Paramount Global on Thursday reported it took a $6-billion write-down on its cable television networks business, in yet another sign…
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David Ellison wants to make Paramount ‘media and technology’ company
To compete in today’s tumultuous entertainment industry, Paramount Global will need to evolve into a “media and technology” company, tech…
Tech scion David Ellison’s Skydance Media gains control of Paramount
Tech scion David Ellison’s months-long quest to win control of Paramount Global moved closer to the finish line Sunday, in…
Skydance talks for Paramount near finish line, but Redstone family decision looms
For more than a week, Paramount Global has been poised to accept David Ellison’s bid for control of the troubled…
Paramount unveils business plan and job cuts as sale looms
Despite the potential sale of Paramount Global, controlling shareholder Shari Redstone kicked off the company’s annual investor meeting Tuesday by…
How Charter cable negotiations could weigh on Paramount’s sale
Paramount Global’s sale talks with David Ellison’s Skydance Media face a milestone later this week, but the battered Redstone family-controlled…
Paramount Global is for sale. Who’s buying and how did we get here?
The Melrose Gate of Paramount Pictures Studio in Hollywood. (Al Seib / Los Angeles Times) A for-sale sign has appeared…
Paramount is for sale. Who’s buying and why?
A for-sale sign has appeared on the lawn of Paramount Global, home of one of the most storied movie studios…
Byron Allen seeks television assets in Paramount bid
By Dawn Chmielewski Jan 31 (Reuters) – Media mogul Byron Allen is focused on acquiring Paramount Global’s television networks and…
UPDATE 2-Paramount CEO Bakish focuses company on big franchises, says layoffs coming
(Adds reference to media layoffs in paragraph 5, updates tech sector layoffs, adds analyst comment in paragraph 8) By Dawn…
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