Hints and tips:
Related Special Reports
Related Topics
...Corporate records show that Swiss-registered Paramount SA entered voluntary liquidation earlier this month. Troost founded Paramount SA in 2017....
...OpenAI has launched a charm offensive in Hollywood, holding meetings with major studios including Paramount, Universal and Warner Bros Discovery to showcase its video generation technology Sora and allay...
...However, the UK government in November imposed sanctions on a Paramount subsidiary in Dubai, accusing that company — Paramount Energy & Commodities DMCC — of employing “deceptive shipping practices as well...
...Ellison and Redstone — members of two of America’s wealthiest families — have been trying for months to reach a deal that would merge Paramount with Skydance....
...In a filing, Paramount said it would continue to license content to Viacom18, which holds rights to cricket matches for India’s national team....
...Skydance and Apollo declined to comment, and Paramount did not immediately respond to a request for comment. *This story has been amended to clarify that Skydance and Paramount are engaged in talks....
...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....
...Paramount and Apollo did not immediately reply to a request for comment....
.... ★★☆☆☆ On Paramount+ from March 21...
...Paramount said in the statement that it would continue to license its content to Viacom18....
...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....
...The deal being discussed is unusual, with Skydance planning to take control of Paramount by first acquiring NAI and then merging Paramount with Skydance....
...Warner chief executive David Zaslav and Paramount chief Bob Bakish discussed a possible deal over lunch in New York this week, according to two people familiar with the matter....
...Then there is the question of what to do with Paramount+, which is still not profitable. In this regard, Paramount has company....
...The Professional Fighters League has acquired Paramount’s Bellator MMA as the Saudi-backed company challenges Endeavor’s Ultimate Fighting Championship in the mixed martial arts world....
...Warner chief executive David Zaslav and Paramount chief Bob Bakish discussed a possible deal over lunch at Paramount’s offices in New York this week, according to three people familiar with the matter....
...At the time, Paramount SA and Paramount DMCC said the two entities were operated and managed “totally independently”, and that Troost had no “direct” holding in the Dubai-based Paramount....
...Those of Paramount fell 2.9 per cent to $15.04....
...Paramount declined to comment....
...Paramount DMCC did not immediately respond to a request for comment....
...Paramount also offers its subscription-based streaming service Paramount+ in the UK....
...Paramount’s shares have risen almost 40 per cent since early November as sale speculation mounted....
...We’ll just note that S&P currently rates Paramount Global one notch above junk with a stable outlook....
International Edition