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The Latest Breaking News from Paramount Global

United Way and Paramount to air benefit for hurricane relief

United Way Worldwide and Paramount Global have announced they will host a benefit to raise funds for those impacted by Hurricanes Helene and Milton

The Independent UK

Is Wall Street Bullish or Bearish on Paramount Global Stock?

Is Wall Street Bullish or Bearish on Paramount Global Stock?

As Paramount Global underperformed relative to the broader S&P 500 Index over the past year, Wall Street analysts remain cautious about the stock’s prospects.

What to Expect From Paramount Global's Next Quarterly Earnings Report

What to Expect From Paramount Global's Next Quarterly Earnings Report

Paramount Global is gearing up to release its third-quarter earnings next month, and analysts expect a double-digit profit dip.

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Is Paramount Global Stock Outperforming the Nasdaq?

Paramount Global has recently outperformed the Nasdaq, but Wall Street analysts are cautious about the stock’s prospects.

Introducing the first Fortune LGBTQ+ Leaders list

Today we celebrate the leaders who have bravely blazed a trail, leaving the path clear for the next generation.

How Paramount Global’s two openly-gay CEOs are blazing a trail, and helping the next generation

With their unrelenting support for the next generation, Paramount Global is positioned to reap the rewards in the future.

Stocks Close Higher as US Consumer Confidence Rises to 6-Month High

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.33%. US stocks Tuesday shook off early losses and closed slightly higher. Stocks recovered Tuesday...

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Stock Market Today: Stocks Edge Higher With Nvidia Earnings in Focus

Stock Market Today: Stocks Edge Higher With Nvidia Earnings in Focus

Nvidia stock gained ground ahead of tomorrow's after-the-close earnings event, while Super Micro Computer got hit by a short seller report.

Stocks See Support as Chip Stocks Rebound

Stocks See Support as Chip Stocks Rebound

The S&P 500 Index ($SPX ) (SPY ) today is up +0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.32%. US stocks today shook off early losses and are mostly higher. Stocks recovered today...

Stocks Pressured by Higher Bond Yields and a Slide in Chip Stocks

Stocks Pressured by Higher Bond Yields and a Slide in Chip Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down -0.36%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.57%. US stocks today are moving lower, with the Nasdaq 100 falling to a 1-1/2...

Skydance Merger With Paramount Moves Forward After Bronfman Drops Bid

Skydance Merger With Paramount Moves Forward After Bronfman Drops Bid

Canadian media mogul proposed $4.3B for the company a week ago

Path clears for Paramount merger with Skydance after Bronfman drops bid

Path clears for Paramount merger with Skydance after Bronfman drops bid

Ex-Warner Music chief had formed consortium to gazump planned deal but some would-be investors withdrew

The Guardian - UK

Edgar Bronfman Jr.’s Bid for Paramount Fades to Black

Edgar Bronfman Jr.’s Bid for Paramount Fades to Black

Withdrawal appears to clear way for Skydance to close acquisition of struggling media company

Multichannel News

Path Cleared For Skydance Media's Paramount Takeover As Edgar Bronfman Exits Bid

Path Cleared For Skydance Media's Paramount Takeover As Edgar Bronfman Exits Bid

Paramount's board, through its special committee, confirmed the conclusion of the "go shop" period.

International Business Times

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Report: Paramount Considering Sale of 12 Local TV Stations

Bloomberg is reporting that Paramount has hired a banker to explore asset sales, which would include local TV stations

International Business Times

Skydance Accuses Paramount Of Breaching Buyout Deal Terms, Seeks Halt To Bronfman Negotiations: Report

David Ellison's Skydance is reportedly demanding that Paramount stop its negotiations with Edgar Bronfman Jr. after the latter improved his bid to acquire the entertainment titan.

Multichannel News

Charter Puts Ad-Supported Paramount Plus into Its Most Popular Spectrum Pay TV Bundles

Cable operator reached broad-reaching carriage agreement with Paramount Global back in May that let it offer Paramount Plus Essentials at no additional cost to subscribers

The Independent UK

Paramount extending 'go shop' period by 15 days so it can review Bronfman offer

Entertainment giant Paramount Global is extending by 15 days a period where it’s allowed to assess alternative offers to its merger agreement with Skydance so that it can review a proposal from Edgar Bronfman, Jr. Paramount said late Wednesday that the “go shop” period for Bronfman will be extended until…

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Wall Street Anticipates Federal Reserve Chair's Speech At Jackson Hole

Stay informed about Wall Street's modest gains, corporate earnings, and Powell's speech. Paramount Global surges, Advance Auto Parts falters. European mark...

International Business Times

Edgar Bronfman Raises Bid To Acquire Paramount Global As 'Go Shop' Period Extended: Reports

Bronfman's latest offer includes $3.2 billion in funds that could be used to reduce Paramount's debt or to buy non-voting shares from investors.

The Guardian - US

Paramount Global receives $4.3bn takeover offer from Edgar Bronfman Jr

Veteran media executive’s bid would scupper Hollywood media empire’s planned merger with Skydance Media

Multichannel News

Edgar Bronfman Makes $4.3 Billion Bid For Paramount

Shari Redstone’s National Amusements gets $2.4 billion

International Business Times

Edgar Bronfman Submits $4.3 Billion Rival Bid For Paramount Global

The bid also covers a $400 million breakup fee, which would be necessary to terminate a competing agreement that Paramount Global had previously entered into.

International Business Times

Paramount Global To Cut 15% Of US Staff, Take $6B Write-Down Ahead Of Skydance Merger

The decision will affect around 2,000 employees over the coming weeks.

Paramount Global To Lay Off 15% Of US Staff

Paramount Global announces layoffs and write-downs ahead of Skydance merger, reflecting industry shifts in traditional TV and print media, while streaming ...

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