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...According to his LinkedIn profile, he previously worked in government affairs for Cheniere Energy and as a senior adviser to the chief of executive of Tellurian Inc, two companies which pioneered the development...
...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....
...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....
...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....
...Paramount and Apollo did not immediately reply to a request for comment....
...Paramount’s shares have risen almost 40 per cent since early November as sale speculation mounted....
...Then there is the question of what to do with Paramount+, which is still not profitable. In this regard, Paramount has company....
...Paramount is expected to net the more than $650mn in TV ad revenues, according to Dentsu....
...Those of Paramount fell 2.9 per cent to $15.04....
...The wager on Paramount in 2022 has been closely watched by the media industry, and was seen as an endorsement of the company’s investment in its Paramount+ streaming platform, as well as its ability to compete...
...Whatever your preference for banks versus securities markets, accountability for bad actors and those making poor choices must remain paramount. sujeet.indap@ft.com...
...Clip from Paramount Movies Plus, a note on next week’s show: Look for Behind the Money in your feed a day early, on Tuesday, March 19. We’re doing a special 2-part episode with the Unhedged podcast....
...Clips courtesy of Paramount Pictures. Read a transcript of this episode on FT.com...
...WBD was linked with talks over a deal to merge with Paramount earlier this year. “Medium to long term, there are three or four big global streaming players....
...But step back far enough, “and a picture will emerge”....
...Yet the broadcaster showing this year’s game, Paramount, is traditional television’s most distressed provider. A relative minnow, it has an enterprise value of just $25bn....
...The model that some of ByteDance’s US investors are evaluating is similar to Shari Redstone’s National Amusements, which controls Paramount despite having a stake in the Hollywood media company of only about...
...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....
...An advertiser exodus from Elon Musk’s X gathered pace on Friday, with Apple, Walt Disney, Comcast, Paramount and Warner Bros all pausing spending on the social media platform amid concerns about antisemitic...
...(Using 10-year instead of two-year yields renders the same picture.) At a high level, there isn’t a dead-obvious rates story here: Various explanations have been mooted....
...Apple financed the movie and handled marketing and publicity, while Paramount managed its distribution....
...But Bryan Armour, director of passive strategies research for North America at Morningstar, said that on closer inspection a slightly different picture emerged....
...Paramount and KKR declined to comment....
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