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Paramount Global, the parent company of CBS, is currently in discussions with Donald Trump’s legal team about settling the president’s $10 billion lawsuit over a 60 Minutes interview that the ...
According to reports on January 10, 2024, Skydance Media was considering making an all-cash bid of $2.5 billion for Paramount Global, while National Amusements was reportedly considering a deal or merger. [18] [19] Warner Bros. Discovery had ended the merger negotiations with Paramount on February 27, 2024. [20]
That rumor brought a historical perspective to the frenzy around the studio as Diller, who formerly ran Paramount and 20th Century Fox and launched the Fox Broadcast network, previously fought ...
In December, ABC News agreed to pay $16 million, including a $15 million check to the Trump presidential library, to resolve a defamation suit that many observers believe it could have won in court.
Paramount Global is undergoing additional restructuring leading up to its expected merger with Skydance Media in 2025. The media conglomerate is integrating the group that handles distribution for ...
Paramount shares dropped about 3% in midday trading the following day as investors digested the terms of the new deal, which includes Skydance first acquiring NAI (and Redstone's stake) for $2.4 ...
Variety has obtained a legal letter that is being sent to Paramount’s board Friday, Jan. 24, from Project Rise Partners that outlines a new bid that is higher than an all-cash offer the ...
The proposed blockbuster merger between Hollywood studios Paramount and Skydance Media received a new challenge this week. The Center for American Rights (CAR), a nonprofit law firm, has asked the ...