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Microsoft acquired the Norwegian enterprise search company Fast Search & Transfer on April 25, 2008, for $1.191 billion (~$1.66 billion in 2023) to boost its search technology. [14] On May 10, 2011, Microsoft announced its acquisition of Skype Technologies, creator of the VoIP service Skype, for $8.5 billion (~$11.4 billion in 2023). [15]
According to Paramount Global, the merger will inject significant capital into Paramount, helping to address its debt and enabling investments in new content and technologies. [45] It will support Paramount Global's expansion into other entertainment industries, such as animation, sports and video games, where it currently has less presence.
Telemeter — spun off in 1966 after Gulf+Western bought Paramount; shut down in 1969; Tempo – sold to Frederick Morton Jr. in 2007; TriStar Pictures – joint venture with Time Inc.'s HBO and Columbia Pictures. In 1985, CBS sold a small percent of TriStar to Columbia and HBO.
Several channels owned by Paramount Global, including CBS, Comedy Central and MTV, will soon disappear from YouTube TV on Thursday if the two companies don’t reach a contract renewal.
Paramount+ has signed a partnership with Microsoft for the streaming service to be available on Xbox One and Xbox Series X/S across several international markets. Under the deal, Paramount+ will ...
ViacomCBS will change its corporate name to Paramount as of Feb. 16, calling the move an effort to adopt “an iconic global name” to reflect the conglomerate’s increasingly worldwide focus.
Paramount would add $1.5 billion in primary capital to its balance sheet. The second phase will see an all-stock merger between Skydance Media and Paramount, valued at $4.75 billion. Paramount Global would have 45 days to look for better or matching offers from other bidders before finalizing. [35] [36] [37]
"The contract Paramount has with Google's YouTube TV to carry CBS, Nickelodeon and 21 other networks is about to expire," Paramount stated on a webpage devoted to the business disagreement.