Paramount Global
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Movies
Sony Pictures, Apollo Offer to Buy Paramount Global for $26 Billion in Cash
In a new development in the mergers and acquisitions narrative of Paramount Global, Sony Pictures Entertainment alongside Apollo Global Management have proposed a move to privatize Paramount through a substantial all-cash offer of $26 billion. This non-binding proposal was reportedly submitted to Paramount Global on Wednesday, as initially revealed by the Wall Street Journal.
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TV Shows
Fox Seeks at Least $7 Million for Commercials in 2025 Super Bowl
With Super Bowl LIX nearly a year away, the buzz is already building for Fox Corp's 2025 broadcast on February 9 in New Orleans. As discussions with advertisers start early, bids for 30-second commercial spots are opening at a significant price point.
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Movies
Paramount Global Boots Bob Bakish as CEO, Names New Leadership Team of Three Execs
Paramount Global has officially announced the departure of CEO Bob Bakish after almost 30 years with the company and its predecessor, Viacom. This significant change occurs as the board and major shareholder Shari Redstone negotiate a potential merger with Skydance Media.
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TV Shows
Paramount Global Takes $1.3 Billion Charge in Q1 for Content Write-Offs, Layoffs
As Paramount Global navigates the departure of CEO Bob Bakish and speculations of a potential sale, the company maintains normal operations during a turbulent first quarter. This period saw Paramount taking a $1.3 billion charge for content write-offs and executing layoffs, alongside the announcement of their Q1 2024 earnings.
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Entertainment
Sony & Apollo’s Paramount Bid: Hollywood’s Next Big Merger?
Sony and Apollo Mull Paramount Bid in Potential Mega-Merger Oye, chicos! Have you heard the latest chisme in Hollywood? Sony Pictures Entertainment and Apollo Global Management are reportedly considering joining forces to make a play for Paramount Global. That’s right, the studio behind Spider-Man and Jumanji might just team up with the private equity firm to create a true entertainment…
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Entertainment
Nat’l Amusements, Paramount Near Exclusive Skydance Acquisition Talks
Acá Está, Familia: National Amusements and Paramount Global to Talk Exclusively with Skydance Media Amigos! You know how we all love a good chismoso, right? I mean, who doesn’t love a juicy titbit about our fave celebs and pop culture icons. And today, mi gente, we’re talking about some major titanic; National Amusements and Paramount Global have entered an exclusive…
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