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After Paramount Merger Talks Collapse, Skydance CEO David Ellison Tells Staff: ‘We Are Stronger Because of This Process’ - variety.com
variety.com
12.06.2024 / 03:09

After Paramount Merger Talks Collapse, Skydance CEO David Ellison Tells Staff: ‘We Are Stronger Because of This Process’

Todd Spangler NY Digital Editor David Ellison, chief executive of Skydance Media, thanked employees of his company for their focus as he was engaged in a months-long bid to merge with Paramount Global. And even though that effort failed, he said that Skydance is stronger after having gone through the M&A cycle.

David Ellison Thanks Skydance Team As Paramount Merger Talks End; Sets Sights On “Building A Next Generation Content Company On Our Terms” - deadline.com
deadline.com
12.06.2024 / 02:45

David Ellison Thanks Skydance Team As Paramount Merger Talks End; Sets Sights On “Building A Next Generation Content Company On Our Terms”

This just in tonight from Skydance Boss David Ellison as Paramount Global controlling shareholder Shari Redstone says “No” to Skydance’s offer to buy National Amusements. The Top Gun: Maverick and Geostorm producer has acknowledged to staff that Skydance’s bid to merge with Paramount has ended.

What’s Next For Paramount After Skydance Merger Talks Fail - deadline.com
deadline.com
12.06.2024 / 00:25

What’s Next For Paramount After Skydance Merger Talks Fail

When David Ellison’s Skydance made a play for Paramount last fall it was how and when (not if) Shari Redstone would tie the knot. Paramount and Skydance worked together. He valued the studio and its crown jewel of a backlot and planned to keep the company together. He was offering her a nice bundle of cash for her stake in National Amusements.

Shari Redstone, Paramount End Merger Talks With Skydance As Two Sides “Not Able To Reach Mutually Acceptable Terms” - deadline.com - city Redbird
deadline.com
11.06.2024 / 21:05

Shari Redstone, Paramount End Merger Talks With Skydance As Two Sides “Not Able To Reach Mutually Acceptable Terms”

After months of negotiations, Paramount‘s controlling shareholder Shari Redstone has broken off merger talks with David Ellison‘s Skydance.

Shari Redstone’s National Amusements Says It Has Ended Talks With Skydance About Paramount Merger - variety.com
variety.com
11.06.2024 / 20:49

Shari Redstone’s National Amusements Says It Has Ended Talks With Skydance About Paramount Merger

Todd Spangler NY Digital Editor After more than six months of on-again-off-again talks, Shari Redstone has ended negotiations with David Ellison‘s Skydance Media about a prospective merger with Paramount Global. Redstone is Paramount Global’s controlling shareholder through National Amusements Inc., which owns 77% of the voting shares in Paramount.

Paramount Grants Three Co-CEOs Change-in-Control Severance Benefits, Cash Bonuses - variety.com
variety.com
10.06.2024 / 21:55

Paramount Grants Three Co-CEOs Change-in-Control Severance Benefits, Cash Bonuses

Todd Spangler NY Digital Editor As an M&A event looms on the horizon for Paramount Global, the three execs in the conglomerate’s “Office of the CEO” are now eligible for stepped-up severance payments in the event of a sale or merger — and the company also will award them cash bonuses for the time they serve as co-CEOs. The move comes as Shari Redstone, Paramount’s controlling shareholder, is evaluating a merger offer from David Ellison’s Skydance Media, which the Paramount Global board’s special committee has recommended.

Paramount M&A Saga Continues: Edgar Bronfman Jr., Bain Capital Mulling up to $2.5 Billion Bid for Shari Redstone’s National Amusements - variety.com - city Redbird
variety.com
10.06.2024 / 17:43

Paramount M&A Saga Continues: Edgar Bronfman Jr., Bain Capital Mulling up to $2.5 Billion Bid for Shari Redstone’s National Amusements

Todd Spangler NY Digital Editor Shari Redstone may have yet another offer on the table to buy National Amusements Inc., the controlling shareholder of Paramount Global — the latest twist in the months-long M&A drama swirling around the troubled media conglomerate. Erstwhile media mogul Edgar Bronfman Jr. is teaming with investment firm Bain Capital to put together an offer of up to $2.5 billion for Redstone’s National Amusements, sources confirmed.

Update in search for Michael Mosley as focus of operation moves to 'very dangerous' area - www.manchestereveningnews.co.uk - Greece
manchestereveningnews.co.uk
08.06.2024 / 22:33

Update in search for Michael Mosley as focus of operation moves to 'very dangerous' area

The search operation looking for TV doctor Michael Mosley has been moved to a 'very dangerous' area of the Greek island where he went missing. The focus has been switched to an area known locally as 'The Abyss'.

Paramount’s Shari Redstone Juggling Skydance, Other Suitors As Deal Saga Continues - deadline.com - city Redbird
deadline.com
06.06.2024 / 23:51

Paramount’s Shari Redstone Juggling Skydance, Other Suitors As Deal Saga Continues

Shares of Paramount Global edged lower Thursday, day three in the red, amid lingering uncertainty around Skydance’s latest offer. With bigger than anticipated sweeteners for Class B shareholders, it was approved by Par’s special board committee and sent on to controlling shareholder Shari Redstone but with no announcement forthcoming.

CBS Chief George Cheeks Talks Paramount Global Uncertainty, Traction for ‘Tracker’ and the Future of Broadcast TV - variety.com
variety.com
06.06.2024 / 22:57

CBS Chief George Cheeks Talks Paramount Global Uncertainty, Traction for ‘Tracker’ and the Future of Broadcast TV

Cynthia Littleton Business Editor Paramount Global has a strong future ahead of it and so does broadcast television, despite the uncertainty that has enveloped Hollywood in general and Paramount in particular. That was the message sent Thursday by CBS chief George Cheeks, who last month was also tapped as one of three CEOs to steer Paramount Global through a period that is sure to be challenging no matter what happens with the company.

Foreign Office warnings for Turkey, Egypt, Thailand and Mexico as certain travel discouraged - www.dailyrecord.co.uk - Britain - Mexico - Thailand - Egypt - Turkey
dailyrecord.co.uk
06.06.2024 / 10:13

Foreign Office warnings for Turkey, Egypt, Thailand and Mexico as certain travel discouraged

If you've got an upcoming holiday this summer to the likes of Turkey, Egypt, Thailand or Mexico, then there is some important travel advice from the Foreign Office to keep in mind.

Coronation Street's Alan Halsall shares 'woeful' update after surgery before date with co-star 'hunk' - www.manchestereveningnews.co.uk - county Norfolk
manchestereveningnews.co.uk
05.06.2024 / 20:59

Coronation Street's Alan Halsall shares 'woeful' update after surgery before date with co-star 'hunk'

Coronation Street star Alan Halsall isn't too pleased with his golfing prowess at the moment as its had to take a back seat amid his recovery from surgery. The actor described his virtual sporting efforts as 'woeful' as he made comments about going under the knife last year.

Paramount’s Brian Robbins Teases Potential ‘Blue Bloods’ “Franchise Extensions” At Shareholder Meeting - deadline.com
deadline.com
05.06.2024 / 04:09

Paramount’s Brian Robbins Teases Potential ‘Blue Bloods’ “Franchise Extensions” At Shareholder Meeting

After CBS Entertainment President Amy Reisenbach last month permanently closed the door to Blue Bloods continuing beyond its upcoming final 8 episodes this fall, one of Paramount Global’s Office of the CEO members today opened the door to the franchise potentially carrying on.

Paramount Global Town Hall Delayed After Skydance Offer, Co-CEOs’ Shareholder Presentation - deadline.com - county Hall
deadline.com
04.06.2024 / 21:07

Paramount Global Town Hall Delayed After Skydance Offer, Co-CEOs’ Shareholder Presentation

A town hall for Paramount Global employees originally scheduled to take place Wednesday has been delayed until June 25.

Amid Skydance Offer, Paramount Global CEO Trio Trumpet 14 Billion Dollar Brands, Plans To Explore Streaming Joint Ventures - deadline.com
deadline.com
04.06.2024 / 15:29

Amid Skydance Offer, Paramount Global CEO Trio Trumpet 14 Billion Dollar Brands, Plans To Explore Streaming Joint Ventures

As Paramount Global controlling shareholder Shari Redstone mulls the terms of a merger between her conglom and Skydance, the network/studio/streaming service trotted out their best and brightest CEO troika this early AM in annual global stockholders meet to tout their hit parade of 14 billion dollar revenue earning franchises across all mediums, their assurance to cut $500 million in overhead, and maximize shareholder value and profits.

Paramount Global Non-Exec Chair Shari Redstone Touts Office Of CEO During Annual Shareholder Meeting - deadline.com
deadline.com
04.06.2024 / 14:01

Paramount Global Non-Exec Chair Shari Redstone Touts Office Of CEO During Annual Shareholder Meeting

Shari Redstone, Paramount Global‘s non-executive chair and controlling shareholder, sought to sell shareholders at the company’s annual meeting Tuesday on the potential of the three-member Office of the CEO.

Joe Biden, At Fundraiser Hosted By Former HBO CEO, Blasts “Convicted Felon” Donald Trump For “All-Out Assault” On The Justice System - deadline.com - New York - USA - Atlanta
deadline.com
04.06.2024 / 02:35

Joe Biden, At Fundraiser Hosted By Former HBO CEO, Blasts “Convicted Felon” Donald Trump For “All-Out Assault” On The Justice System

Joe Biden amped up his attacks on Donald Trump following his rival’s conviction on 34 felony charges last week, calling the former president “unhinged” and engaged in an “all-out assault” on the justice system.

Paramount Shares Gain As Wall Street Gauges Skydance Deal; “The More Important Question Is What Happens Next,” One Analyst Notes - deadline.com
deadline.com
03.06.2024 / 21:57

Paramount Shares Gain As Wall Street Gauges Skydance Deal; “The More Important Question Is What Happens Next,” One Analyst Notes

Paramount Global shares rose 7.5% to close at $12.80 Monday on the news that a long-awaited merger with Skydance Media moved closer to completion.

Paramount, Skydance Agree on New M&A Deal Terms but Shari Redstone Hasn’t Approved Pact Yet - variety.com - city Redbird
variety.com
03.06.2024 / 16:59

Paramount, Skydance Agree on New M&A Deal Terms but Shari Redstone Hasn’t Approved Pact Yet

Todd Spangler NY Digital Editor Paramount Global‘s months-long M&A drama may soon be coming to a conclusion. The special committee established by Paramount Global’s board of directors to evaluate M&A proposals has reached an agreement with David Ellison’s Skydance Media and his private-equity backers on the terms of a complicated deal that would merge Skydance and Paramount while keeping Paramount publicly traded, Variety has confirmed. Skydance and its partners, RedBird Capital and KKR, sweetened the original buyout offer to make it more attractive to nonvoting shareholders of Paramount Global.

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