Paramount Stock Rides Roller Coaster Back Down After Report That Shari Redstone Is “Unconvinced” By Apollo Offer For Studio

Emily Longeretta More changes are coming at “Chicago Med.” Co-showrunners Diane Frolov and Andy Schneider will exit the show at the end of the current ninth season. “We were honored to be chosen by Dick Wolf to run ‘Chicago Med’ and have tremendously enjoyed our association with Wolf Entertainment and Universal Television. We love ‘Chicago Med’ and have devoted all our creative energies to it, but after nine seasons we feel it’s time for us to move on and explore other possibilities,” the pair said in a statement on Tuesday.

Mel Gibson is crediting friend Robert Downey Jr. for being “generous and kind” after he was shunned from Hollywood.

Paramount Global‘s beleaguered stock faltered Monday as investors fretted over the ongoing talks between controlling shareholder National Amusements Inc. and Skydance Media.

Cynthia Littleton Business Editor Charter Communications is about to play a guest-star role in the corporate drama surrounding Paramount Global. As if Shari Redstone’s media empire wasn’t under enough pressure, Paramount Global now is in the final few weeks of its most recent carriage agreement with Charter, the nation’s second largest cable operator behind Comcast. The two companies are in renewal discussions, the outcome of which will have significant influence on Paramount’s ability to deliver the free cash flow that media investors are expecting from the company that has lately posted big losses on streaming operations.

” Los Angeles outing typically involves at Spago or with her NFL boyfriend , so many SoCal girlies were surprised to see the at Barney’s Beanery on April 4.“Barney's is where we went in college when we were already shit faced and tryna buy one beer for like $5,” Glamour editor Sam Reed tells me after published photos and video of Swift at the WeHo dive bar for a friend's birthday sans Kelce. Though she was spotted in a booth with a group of people, she exited the bar alone…as long as you don’t count her security team.According to the publication, Swift “spent a couple hours talking and eating before heading out—and having one of her security guards pay the tab upon her exit.” It’s hard to make out exactly what Swift was wearing, but it looks like she was dressed comfortably and didn’t bother going incognito until she left the premises, throwing on a baseball cap on her way out the door.

Emmerdale villain Tom King may have sealed his own fate on the soap, after the scheming vet made a crucial error while trying to manipulate his wife Belle Dingle for daring to have a life outside of their marriage. As regular viewers will know, Belle is currently the unfortunate victim of her husband Tom’s escalating coercive control, which so far has seen him ridicule, isolate and gaslight his wife for wanting to pursue a career and spend time with her family, instead of dedicating all her time to him.

Zachariah Noble has sparked rumours that he may have rekindled his romance with Molly Marsh, just weeks after the former Love Island finalists announced that they had split. The pair met on the ITV2 dating show last summer and appeared to be going strong until they announced their split last month.The relationship was said to have ended on good terms with Molly and Zach remaining friends, despite their romance coming to an end. However, a recent video posted to Zach's Instagram Story has raised a few eyebrows among their fans, with some suggesting that it included a hint that he and Molly are back together.

UPDATED with stock price: Shares of Paramount Global jumped more than 15% Wednesday afternoon with Skydance chief David Ellison in pole position to clinch a majority stake of National Amusements.

A contestant taking part in The 1% Club said she 'won't live this down' after sharing her wrong answer to the first question. Lee Mack returned on Saturday night (March 30) to front the popular ITV gameshow, where 100 people aim to win £100,000.

Coronation Street star Jack Carrol had an update for fans after being flooded with praise and support from his co-stars. The comedian and actor joined the ITV soap as Bobby, the nephew of Weatherfield favourite Carla Connor.

Todd Spangler NY Digital Editor Paramount Global‘s debt rating was cut to junk status by credit-rating agency S&P Global, which cited the media conglomerate’s ongoing challenges with free cash flow generation relative to its debt. S&P on Wednesday said it expects Paramount Global’s free operating cash flow-to-debt will remain “well below” 10% through 2025, and that adjusted leverage (debt-to-equity ratio) will stay above 3.5 times through then.

A 'fact-finding' review will look at how a Falkirk Council report from 2019 - which seemed to highlight major concerns about the dangerous state of Bo'ness Recreation Centre - was overlooked.

Jennifer Maas TV Business Writer What does the future hold for Paramount Global? The odds of a seismic M&A event seem to be increasing: Private-equity firm Apollo Global has reportedly offered $11 billion for Paramount’s Hollywood studios. Short of carving up the “mountain of entertainment,” as the Paramount+ tagline boasts, analysts say the overture could drive up bidding for the entirety of Paramount Global — which is what Shari Redstone, who owns a controlling stake in the media conglomerate, is understood to prefer. Given that backdrop, let’s consider what Paramount Global comprises — and the potential effect of selling it off in its entirety or in pieces.

Bradley Riches has spoken out on his controversial exit from Celebrity Big Brother after the 'brutal' scenes aired on Thursday night (March 21). The Netflix star, who plays James McEwan in the hit teen series Heartstopper, was evicted from the iconic house just days before the final.

Despite the rigors of the ongoing transition from linear TV to streaming, NFL Chief Media & Business Officer Brian Rolapp expects traditional media partners like Fox, NBCUniversal, Disney and Paramount to remain viable for years to come.

Todd Spangler NY Digital Editor Shari Redstone looks like she remains firmly opposed to breaking up Paramount Global. Redstone, president of National Amusements Inc. — the controlling shareholder of Paramount Global — was “unconvinced” by Apollo Global Management’s $11 billion offer to buy Paramount’s film and TV studio, the Financial Times reported, citing anonymous sources.

Shares of Paramount Global popped in afternoon trade on a report that Apollo Global has made an $11 billion bid for the company’s film and TV studio. The private equity giant has been in and out of the mix of suitors, which also include David Ellison‘s Skydance Media and Byron Allen.

Todd Spangler NY Digital Editor Apollo Global Management, a major private-equity firm, has submitted an $11 billion bid to acquire Paramount Pictures, according to a published report. The Wall Street Journal, citing anonymous sources, reported that Apollo Global offered $11 billion for Paramount Global’s film and TV studio business. That would apparently not include CBS, Paramount Global’s cable networks or the streaming business that includes Paramount+ and Pluto TV.

A rogue tradesman who conned customers out of thousands has been ordered to pay back all of the cash.

British media are showing no signs of letting up on scrutiny of the Prince and Princess of Wales, a week after a family photo released to mark Mother’s Day in the UK sparked a backlash and frenzied speculation about the state of Kate Middleton’s health, the happiness of their marriage and anything else anyone could think of.