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The Latest Breaking News from Shari Redstone

Shari Redstone’s National Amusements Says Paramount-Skydance Deal is Dead

Statement from family holding company says they were ‘not able to reach mutually acceptable terms'

Multichannel News

Paramount, Skydance Deal Collapses

Parent company National Amusements has issued a statement saying they were "not been able to reach mutually acceptable terms"

TV Tech

Bob Iger schooled him on Disney's grand theory of IP. Now Gerry Cardinale is backing Skydance Media's $8 billion bid for Paramount Global

Cardinale's RedBird Capital Partners is an "IP monetization engine" that has partnered with celebrities from LeBron James to Ben Affleck. “I think he's focused on world domination,” says one collaborator.

Fortune

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read the most diverse news in one place.

Hollywood giant Paramount Global braces for new era as bidders circle

Chair Shari Redstone weighs future of media empire behind Paramount Pictures, CBS and UK’s Channel 5

The Guardian - US

Awaiting Buyout, Paramount Execs Lay Out Plans For Cost-Cutting, Streaming Joint Ventures at Annual Meeting

No word on expected deal with Skydance

Multichannel News

Paramount, Skydance Reach Merger Agreement: Report

Once the deal is closed, two-thirds of Paramount would be co-owned by Skydance and RedBird.

International Business Times

Paramount Agrees To Merger Terms With Skydance, Private Equity: Report

About half of class-B stockholders get $15 a share

Multichannel News

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Paramount And Disney Grapple With The Rapid Rise Of Streaming

Buyout chatter hit Paramount stock recently as media giants grapple with changing consumer tastes and the rise of streaming.

Investors Business Daily

David Zaslav Sidesteps NBA and Paramount M&A Questions at Milken Conference, Bombastically Declares That Exec Pay Should Align With Stock Price

‘We love the NBA,’ the Warner Bros. Discovery CEO said

Broadcasting & Cable

Why Audiences Have Turned on Jerry Seinfeld and Other Mysteries of the Media-Entertainment Cosmos

Our latest ‘Next Text’ also ponders, is the NBA In-Season Tournament dead … like TNT? And when addressing Paramount’s ‘Office of the CEO,’ which set of eyes do you look into?

Broadcasting & Cable

Sony and Apollo reportedly make $26bn offer for Paramount

Shares in media giant, whose chief executive Bob Bakish was this week ousted amid reports of clash with Shari Redstone, spike 12%

The Guardian - US

Paramount Stock Jumps on Report of $26 Billion Bid From Sony Pictures and Apollo Global

Potentially rivals offer from Skydance Media favored by chair Shari Redstone

Multichannel News

Are Kenny, Chuckster and 'Inside the NBA' Moving to Amazon?

Also in our latest 'Next Text,' we mark our calendars for FX and Hulu's 'Clipped,' break down the latest on the Paramount sale, and we take fixed wireless and cable mobile to the ol' gravel pit where they belong

Broadcasting & Cable

Why Netflix Is Ready To ‘Fly Like an Eagle’

In our latest Next Text, we also celebrate more Steve Miller hits, laud Alex Garland’s trippy ‘Civil War,’ eulogize Participant Media, and wonder what the heck Sony and Uri Berliner are thinking

Broadcasting & Cable

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Broadcasting & Cable

What Will a Paramount Controlled By Republican Mega-Donor Larry Ellison Look Like?

Plus, in our latest ‘Next Text,’ we throw more shade at Coach Prime, celebrate REM’s ‘Reckoning’ and John Stewart (the singer-songwriter), and we try to escape Roku, Amazon and Telly by getting off the TV grid

Broadcasting & Cable

Bodying Up to the Magnificent '3 Body Problem,' the Bold David Ellis, the Rediscovered Sublime, the Surging CTV Biz and the Victorious Dawn Staley

Also in this week's 'Next Text,' we throw some deserved shade at the far right culture warriors at 'OutKick'

Multichannel News

Paramount Enters Exclusive M&A Talks With Skydance Media

Shari Redstone marks a significant step towards selling her troubled media empire to David Ellison

Broadcasting & Cable

By ‘DTC,’ They Meant ‘Direct to Charter’

In this week’s ‘Next Text,’ we call out the Dodgers’ RSN distribution, Warner's far-fetched DC ambitions, and (of course) Shari’s latest offer

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Multichannel News

Paramount Stock Jumps on Report of $11 Billion Apollo Bid for Studios

Shares rise 8% to $12.16

Broadcasting & Cable

Point-Counterpoint: Should Paramount Plus Be Thrown Off the Mountain?

In our latest ‘Next Text,’ we don't want to call David Bloom an ignorant anything, but our columnist does try to use his fancy, well-deduced logic to undermine a streaming business with 70 million users

Broadcasting & Cable

Analyst Rich Greenfield Wants Shari Redstone To Fire Bob Bakish

Influential analyst says CEO is to blame for Paramount Global’s money-losing streaming strategy

Multichannel News

Paramount Plus: Everything You Need to Know About Paramount's Subscription Streaming Service

As Shari Redstone shops all -- or pieces -- of Paramount Global, we look at where the so-called 'Mountain of Entertainment' stands now

Barchart

Paramount Global’s Unusual Options Activity Heats Up on Merger News: Time to Buy?

The CEOs of Paramount Global and Warner Bros. Discovery met in New York this week to talk about a merger. The former’s unusual options activity has been much busier than the latter. Is PARA a buy?

Multichannel News

Paramount Stock Gains on New Report of BET Buyout

Analyst raises chance of someone buying control of Paramount to 50%

Fortune

Media mogul Shari Redstone reportedly considering selling her stake in Paramount after fighting for years to keep control of the company

Redstone reportedly considers selling to the movie studio that made ‘Top Gun: Maverick’ in a move that could kick off a selling spree among legacy media companies.

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