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Paramount Global’s Tumultuous Timeline: Tracking 35 Years of Corporate Intrigue and Drama - variety.com
variety.com
19.06.2024 / 13:47

Paramount Global’s Tumultuous Timeline: Tracking 35 Years of Corporate Intrigue and Drama

Paramount Global and its predecessor companies have gone through several tumultuous decades. Here’s a timeline of key events that led up to the company’s most recent M&A drama, in this week’s cover story: What Went Wrong: Inside Paramount’s Failed Merger Talks and the Battle to Salvage the Company. MARCH 4, 1987: Sumner Redstone’s National Amusements Inc.

What Went Wrong: Inside Paramount’s Failed Merger Talks and the Battle to Salvage the Company - variety.com
variety.com
19.06.2024 / 13:01

What Went Wrong: Inside Paramount’s Failed Merger Talks and the Battle to Salvage the Company

Shari Redstone, it was nothing personal. But the longer the negotiations went on, the more Redstone fell out of love with the idea of marrying her family’s legacy to David Ellison’s Skydance Media. So on June 11, as board members of Paramount Global were about to hold a key meeting on the long-gestating deal to merge with Skydance, Redstone was out — even as those around her were still scrambling to get it done.

Paramount Global’s Top Lawyer Is Stepping Down - variety.com
variety.com
19.06.2024 / 04:25

Paramount Global’s Top Lawyer Is Stepping Down

Todd Spangler NY Digital Editor Christa D’Alimonte, Paramount Global‘s EVP, general counsel and secretary, is exiting at the end of the month after 12 years at the company and its predecessor Viacom. D’Alimonte on Tuesday informed her team that she will be leaving the company on June 28 (read the memo below).

Paramount Global General Counsel Christa D’Alimonte To Exit At End Of June - deadline.com
deadline.com
19.06.2024 / 03:03

Paramount Global General Counsel Christa D’Alimonte To Exit At End Of June

Paramount Global General Counsel Christa D’Alimonte has told colleagues she will be exiting the company at the end of the month.

New Wildside Boss Sonia Rovai Details The ‘My Brilliant Friend’ Outfit’s Drive To Find The Next Generation Of Italian Auteurs - deadline.com - Britain - Italy
deadline.com
13.06.2024 / 08:17

New Wildside Boss Sonia Rovai Details The ‘My Brilliant Friend’ Outfit’s Drive To Find The Next Generation Of Italian Auteurs

EXCLUSIVE: The new boss of My Brilliant Friend producer Wildside is on a mission to discover the next generation of Italian talent.

Zazie Beetz To Star In ‘They Will Kill You’, First Film From The Muschiettis’ Horror Label Nocturna - deadline.com - New York
deadline.com
12.06.2024 / 23:41

Zazie Beetz To Star In ‘They Will Kill You’, First Film From The Muschiettis’ Horror Label Nocturna

EXCLUSIVE: We can tell you first that Joker and Deadpool 2 actress Zazie Beetz has signed on to headline They Will Kill You, the first feature from Nocturna, the horror label formed this year by Skydance and Andy & Barbara Muschietti. 

Paramount CEOs Recognize “The Last Several Months Have Not Been Easy,” Tell Staff They Have A Plan - deadline.com
deadline.com
12.06.2024 / 19:01

Paramount CEOs Recognize “The Last Several Months Have Not Been Easy,” Tell Staff They Have A Plan

Paramount co-CEOs George Cheeks, Brian Robbins and Chris McCarthy thanked staff in a memo today, obtained by Deadline, for a few tough months rocked by Skydance merger speculation. With that deal a no go, they said, they have plan, one mostly laid out at last week’s annual shareholders meeting, to take the company into the future.

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.

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.

As Merger Saga Continues, Paramount Updates Pay Packages For Office Of CEO Trio & Re-Ups Chief People Officer Nancy Phillips - deadline.com
deadline.com
11.06.2024 / 00:03

As Merger Saga Continues, Paramount Updates Pay Packages For Office Of CEO Trio & Re-Ups Chief People Officer Nancy Phillips

Paramount Global, which continues to explore its M&A options, has updated the compensation plans for the three execs in the Office of the CEO and re-upped Chief People Officer Nancy Phillips.

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.

Variety TV FYC Fest Recap: Virtual Reality Dramas, a ‘Frasier’ Reunion, TV Icons and Creators Talk the Future of Television - variety.com - county Lewis - city Pullman, county Lewis - city Fargo
variety.com
07.06.2024 / 23:31

Variety TV FYC Fest Recap: Virtual Reality Dramas, a ‘Frasier’ Reunion, TV Icons and Creators Talk the Future of Television

CBS Chief George Cheeks on Paramount Global uncertainty and the future of Broadcast TV, a deep dive into the beloved reality TV series “Traitors,” a conversation about the 80th anniversary of D-Day with the “Masters of the Air” creators and a surprise “White Collar” reboot announcement. Check out a few of the conversations below: As part of the Variety TV FYC Fest, Dakota Fanning (“Ripley”), Jennifer Jason Leigh (‘Fargo”), Ricky Martin (“Palm Royale”), Lewis Pullman (“Outer Range”), Lisa Ann Walter (“Abbot Elementary”) and Greta Lee (“The Moring Show”) joined Variety senior TV features editor Emily Longeretta to discuss their supporting roles on some of this year’s hottest television shows.

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.

Passion Pictures Signs Head Of Features To Discover Next Generation Of Female Documentary Directors In UK - deadline.com - Britain - Taylor
deadline.com
05.06.2024 / 13:23

Passion Pictures Signs Head Of Features To Discover Next Generation Of Female Documentary Directors In UK

EXCLUSIVE: Passion Pictures has snapped up the development exec behind its buzzy Super/Man: The Christopher Reeve Story feature with a view to discovering the next generation of British female documentary directors.

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