Redstone has reached a tentative agreement to sell its stake in Paramount Pictures to Skydance Media, according to people familiar with the matter. The deal would value Paramount at around $9.5 billion, including debt. The agreement is not yet final and could still fall apart. Redstone's National Amusements, which controls both Viacom and CBS, has been exploring options for Paramount as it seeks to streamline its media empire.
Redstone Has Tentative Deal to Sell Paramount Stake to Skydance WSP Global Caught in Short Seller’s Crosshairs, Shares TumbleNYC Pensions Reach Deal With RBC to Publish Green-Funding RatioApollo Is in Talks to Finance Renewed Saks Offer for NeimanTrump Courts Palm Beach Billionaires as Power of His Rallies FadesEuropean Stocks Tick Up as Traders Assess Data, Rate-Cut OutlookIsrael’s Gantz Ups Ante With Netanyahu by Calling for Early ElectionsNorway’s $1.
Redstone Has Tentative Deal to Sell Paramount Stake to SkydanceWSP Global Caught in Short Seller’s Crosshairs, Shares TumbleNYC Pensions Reach Deal With RBC to Publish Green-Funding RatioApollo Is in Talks to Finance Renewed Saks Offer for NeimanTrump Courts Palm Beach Billionaires as Power of His Rallies FadesEuropean Stocks Tick Up as Traders Assess Data, Rate-Cut OutlookIsrael’s Gantz Ups Ante With Netanyahu by Calling for Early ElectionsNorway’s $1
Redstone Paramount Skydance Deal Stake Media Viacom CBS Options Streamline
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Redstone Has Tentative Deal to Sell Paramount Stake to SkydanceShari Redstone, the controlling shareholder of film and TV giant Paramount Global, has reached a tentative agreement to sell her stake in the company to David Ellison’s Skydance Media, people with knowledge of the situation said.
Read more »
Calgary police investigate stabbing in RedstoneA person was stabbed in the northeast Calgary community of Redstone on Sunday, police say.
Read more »
Paramount Debt Is Cut to Junk on Deteriorating Outlook for TVParamount Global’s debt rating was cut to junk by S&P Global Ratings, which cited pressure on cash flow because of the continued decline in the company’s broadcast and cable TV business.
Read more »
Apollo offers $11-billion for Paramount’s Hollywood studio, media report saysParamount has been restructuring some of its businesses and has invited takeover interest, according to previous media reports
Read more »
Spouses McGregor and Winstead ‘love acting with one another’ in ‘A Gentleman in Moscow’Married couple Ewan McGregor and Mary Elizabeth Winstead star opposite one another in Paramount Plus series “A Gentleman in Moscow.” They say they have...
Read more »
New coalition formed to fight against B.C.’s ‘Zero Carbon’ updated building codeThe BC Coalition for Affordable Dependable Energy was launched on Wednesday, and it says the need to keep energy affordable and dependable for homes and businesses is paramount.
Read more »