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...An offer by Apollo and Sony Pictures has not been presented to the board of Paramount. Earlier this month, Paramount entered exclusive negotiations with Skydance....
...This picture is supported by other sources. For example, customs records show CFT, a large now-sanctioned Russian importer of CNC devices, imported very few Chinese-origin products up to July....
...While both struggle under heavy debt loads, Paramount is the more desperate. It has interesting assets, such as the Paramount film studio and sports rights on its CBS network....
...Redstone’s father used his tax law training to concoct complex transactions including acquisitions of Viacom, Paramount Pictures and CBS....
...Then there is the question of what to do with Paramount+, which is still not profitable. In this regard, Paramount has company....
...Paramount’s shares have risen almost 40 per cent since early November as sale speculation mounted....
...Paramount is expected to net the more than $650mn in TV ad revenues, according to Dentsu....
...Berkshire also exited its investments in payments business StoneCo, insurers Globe Life and Markel Corporation, and homebuilder DR Horton....
...Clips courtesy of Paramount Pictures. Read a transcript of this episode on FT.com...
...Michal Stelmach, economist at the consultancy KPMG UK, noted that corporation tax receipts were up 19 per cent relative to the previous fiscal year, reflecting the increase in the tax rate from 19 per cent...
...In February, Indian media reported that the Food Corporation of India, the state agency responsible for buying and distributing grain, told its regional offices to procure bags for PMGKAY with a logo featuring...
...Lionsgate Studios will house the television studio and motion picture divisions of the group, which is behind franchises such as John Wick as well as Oscar-winning film La La Land....
...On Monday, securities filings revealed a hang-up in Chevron’s $60bn stock deal to acquire smaller rival Hess Corporation....
...Simeng Deng, also of Rystad, says that providing secure electricity supply and avoiding blackouts remains paramount. “Reliability is the most important thing....
...She says that Frieze’s early editions, held in the nearby Paramount Studios, prompted her to think about a move....
...But step back far enough, “and a picture will emerge”....
...Dealmakers on both sides of the Pacific have reason to celebrate as Nippon’s all-cash takeover bid sparks hope for a wave of M&A as cash-rich Japanese corporations look to expand beyond their shrinking domestic...
...Analysts have also warned over high debts and tough trading conditions at Paramount. Cohen said they had looked before at studio businesses but the prices being asked were too high....
...Apple financed the movie and handled marketing and publicity, while Paramount managed its distribution....
...If histories provide the big picture, fiction has given me a stronger sense of the aspirations, fears, compromises — or chilling certainties — of individuals trying to make sense of politics and intense...
...And another thing to start: US private equity group Apollo Global is in discussions with Sony Pictures Entertainment about making a joint takeover bid for Paramount Global that would rival ongoing talks...
...Screaming Eagle Acquisition Corporation, a special purpose acquisition company set up by veteran Hollywood executives Harry Sloan and Jeff Sagansky, will merge with Lionsgate’s studio business....
...That reflects the global picture that the religious, regardless of income, are more likely to give to charity. As societies become more secular, it may become a colder world for charitable causes....
...Now, it warrants perpetual rent-harvesting on so-called “properties” — from a rendition of “Happy Birthday to You” to an image of Humphrey Bogart’s raincoat in Casablanca — by litigious and parasitic corporations...
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