Bob Bakish - starsalert.com

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variety.com

06.04.2024 / 04:05

Paramount Global’s Cable Carriage Talks with Charter Could Play Key Role in Skydance Transaction

Cynthia Littleton Business Editor Charter Communications is about to play a guest-star role in the corporate drama surrounding Paramount Global. As if Shari Redstone’s media empire wasn’t under enough pressure, Paramount Global now is in the final few weeks of its most recent carriage agreement with Charter, the nation’s second largest cable operator behind Comcast. The two companies are in renewal discussions, the outcome of which will have significant influence on Paramount’s ability to deliver the free cash flow that media investors are expecting from the company that has lately posted big losses on streaming operations.

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deadline.com

03.04.2024 / 20:11

Paramount Global Stock Surges As Skydance Looks To Seal Deal – Update

UPDATED with stock price: Shares of Paramount Global jumped more than 15% Wednesday afternoon with Skydance chief David Ellison in pole position to clinch a majority stake of National Amusements.

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variety.com

22.03.2024 / 17:23

What Could Happen If Paramount Global Is Sold — Especially in Pieces

Jennifer Maas TV Business Writer What does the future hold for Paramount Global? The odds of a seismic M&A event seem to be increasing: Private-equity firm Apollo Global has reportedly offered $11 billion for Paramount’s Hollywood studios. Short of carving up the “mountain of entertainment,” as the Paramount+ tagline boasts, analysts say the overture could drive up bidding for the entirety of Paramount Global — which is what Shari Redstone, who owns a controlling stake in the media conglomerate, is understood to prefer. Given that backdrop, let’s consider what Paramount Global comprises — and the potential effect of selling it off in its entirety or in pieces.

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variety.com

20.03.2024 / 19:55

Apollo Global Offers $11 Billion to Buy Paramount Pictures: Report

Todd Spangler NY Digital Editor Apollo Global Management, a major private-equity firm, has submitted an $11 billion bid to acquire Paramount Pictures, according to a published report. The Wall Street Journal, citing anonymous sources, reported that Apollo Global offered $11 billion for Paramount Global’s film and TV studio business. That would apparently not include CBS, Paramount Global’s cable networks or the streaming business that includes Paramount+ and Pluto TV.

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deadline.com

13.03.2024 / 22:53

Paramount Global Sells Stake In Viacom18 To India’s Reliance For $500 Million

Paramount Global has sold its 13% equity interest in Viacom18 Media to Indian conglomerate Reliance Industries for the equivalent $517 million.

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deadline.com

11.03.2024 / 11:35

Paramount+ Greenlights ‘The Crow Girl’ From Buccaneer Media After The Same Producer’s ‘The Doll Factory’ Was Ditched By The Platform

Paramount+ may have culled a raft of international originals last month but UK commissioning appears to be continuing apace.

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deadline.com

06.03.2024 / 17:45

Paramount Will Be “Diligent” Exploring Alternatives, CFO Promises, As Management Focused On Turnaround

Paramount Global chief financial officer Naveen Chopra said management is chipping away at debt, cutting costs, heading towards streaming profitability and otherwise “focused on execution” but won’t ignore other opportunities to create value for shareholders.

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deadline.com

29.02.2024 / 00:03

Planned Disney-Fox-WBD Bundle “Only Has A Subset Of Sports”, Paramount CEO Bob Bakish Says: “It’s Hard To Believe That’s Ideal”

Paramount Global CEO Bob Bakish derided a planned streaming venture backed by Disney, Fox Corp. and Warner Bros. Discovery for having “only a subset of sports.”

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deadline.com

27.02.2024 / 09:27

Paramount+ Greenlights UK Thriller Series Set In World Where Men Live Under Strict Nightly Curfew

Paramount+ may have culled a wealth of international originals in the past couple of weeks but that hasn’t stopped it committing to a UK thriller series set in a world where men live under a strict nightly curfew.

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deadline.com

26.02.2024 / 09:11

Paramount Global’s Lisa Kramer On New Paramount+ Branded Hub In Africa & The Changing World Of TV Distribution – London TV Screenings

EXCLUSIVE: The news when Deadline speaks to Lisa Kramer is the launch of a Paramount+ branded hub with African pay-TV giant MultiChoice. But a conversation with the President, International TV Licensing at Paramount Global Content Distribution (PGCD), offers a much wider insight into the world of TV in 2024.

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deadline.com

13.02.2024 / 23:35

CBS News Lays Off 20 Amid Paramount Global’s Companywide Cuts; Catherine Herridge And Jeff Pegues Among Those Impacted

UPDATED: The companywide layoffs at Paramount Global on Tuesday impacted about 20 employees at CBS News, including correspondents Catherine Herridge and Jeff Pegues, several sources said.

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variety.com

13.02.2024 / 21:37

Paramount Layoffs Hit 20 CBS News Staffers

Brian Steinberg Senior TV Editor Approximately 20 CBS News staffers were given termination notices Tuesday as a result of broader layoffs taking place across Paramount Global. The cuts extended across CBS News operations in Washington, D.C., New York and Los Angeles, according to two people familiar with the matter, and included two of the news operation’s most prominent correspondents, Jeff Pegues and Catherine Herridge, these people said. A CBS News spokesperson did not respond immediately to a query seeking comment.

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variety.com

13.02.2024 / 14:28

Paramount Global Laying Off 800 Employees as CEO Bakish Cites Need to Cut Costs

Todd Spangler NY Digital Editor Paramount Global, amid a swirl of M&A discussions, is laying off about 800 employees worldwide — an estimated 3% of its headcount — as it looks to trim costs. CEO Bob Bakish announced the layoffs in a memo Tuesday to staff that was obtained by Variety. According to the memo, U.S.

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deadline.com

26.01.2024 / 16:22

Paramount’s Maria Kyriacou Exiting As International Originals Strategy Slimmed Down

Maria Kyriacou, Paramount Global‘s President, Broadcast & Studios, International Markets, is exiting the U.S. studio after four years, as it prepares to slim down its international originals offering.

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deadline.com

25.01.2024 / 22:47

‘Wolf Pack’ Canceled After One Season At Paramount+

Wolf Pack, starring Sarah Michelle Gellar, will not return to Paramount+ for a second season.

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variety.com

25.01.2024 / 20:02

Paramount Global CEO Calls for Staffers to Focus on Business ‘Execution’ as Acquisition Speculation Swirls, Skydance Media Talks Accelerate

Brian Steinberg Senior TV Editor The CEO of Paramount Global urged staffers at the entertainment conglomerate to focus on their 2024 business goals, even as a handful of industry heavy hitters and investment firms explore a potential acquisition of the company and speculation about looming layoffs intensifies. In a memo issued to employees Thursday and reviewed by Variety, Bob Bakish acknowledged that Paramount’s future “remains a topic of speculation,” a nod to the fact that a group of investors led by Skydance founder David Ellison have engaged in talks with Paramount’s controlling shareholder, Shari Redstone.

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deadline.com

25.01.2024 / 18:47

Layoffs Coming At Paramount Global But No Details In Bob Bakish Memo On 2024 Strategy; CEO Acknowledges M&A Speculation

Paramount Global CEO Bob Bakish said today the company will continue to reduce its global workforce “to operate as a leaner company and spend less.” But there were no further details in a memo to staff obtained by Deadline following a “Bob Live” town hall today.

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deadline.com

25.01.2024 / 03:15

Skydance Media CEO David Ellison Makes Offer For Control Of Paramount Global

David Ellison’s Skydance is said to have made a preliminary offer to buy Shari Redstone’s stake in National Amusements, the family holding company that controls Paramount Global, according to a Bloomberg report.

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deadline.com

17.01.2024 / 20:17

Paramount+ Adds Branded Hubs Via Distribution Partners In India And The Philippines; Content Licensing Deals Aim To Boost Cash Flow And Reach

With its streaming operations facing scrutiny as 2024 gets under way, Paramount Global continues to pursue a diversified approach to distributing its flagship, Paramount+.

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deadline.com

30.12.2023 / 18:25

Comcast And Paramount Reach Carriage Renewal, Averting Blackout

Top U.S. cable operator Comcast has reached a carriage renewal with Paramount Global, averting a potential blackout of service around the New Year’s holiday.

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deadline.com

29.12.2023 / 09:09

Warner Bros. Discovery Buys Turkish Streamer BluTV

Warner Bros. Discovery (WBD) has acquired Turkish streamer BluTV.

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deadline.com

22.12.2023 / 13:19

International Insider: ‘Warnamount’ Shocker; Box Office Downturn; BAFTA Tweaks

Good afternoon Insiders, Max Goldbart here leading you into the Christmas break with your final dash of news and analysis of the year. It’s been a blast. Thank you to regular readers for taking time out your busy schedules to give this a good ol’ glance every week. As our counterparts across the pond like to say, we appreciate you. We’ll be back in 2024 with plenty more.

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variety.com

21.12.2023 / 23:49

What Would Warner Bros. Discovery-Paramount Merger Mean for Cable TV? Some Networks Would Likely Be Sold Off

Jennifer Maas TV Business Writer Mega media merger mania is once again afoot in Hollywood with very, very early talks between Warner Bros. Discovery‘s David Zaslav and Paramount Global’s Bob Bakish about a potential merger of the two companies. Analysts and industry sources have already raised a number of questions about what a WBD-Paramount combo would look like and the effect it could have on the larger TV and film landscape.

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variety.com

21.12.2023 / 15:01

Shares of Warner Bros. Discovery, Paramount Dip as Investors Take Stock of Potential Merger

Todd Spangler NY Digital Editor Would the combination of Warner Bros. Discovery and Paramount Global — two companies heavily tied to the declining legacy TV biz — make financial sense? Investors reacted to news of early talks between Warner Bros. Discovery and Paramount about a potential merger, which broke just prior to market close Wednesday.

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nme.com

21.12.2023 / 13:17

Warner Bros. Discovery and Paramount hold talks for potential merger

Warner Bros. Discovery and Paramount Global have held talks for a potential merger that would see two of the world’s biggest media companies join together, according to reports.The talks are in a “very early stage” and the merger may still not go ahead, sources close to the talks claim.Warner Bros.

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variety.com

21.12.2023 / 03:59

The Burning Questions Swirling Around the Early Warner Bros. Discovery-Paramount Global Merger Talks

Cynthia Littleton Business Editor Here we go again? Warner Bros. Discovery is flirting with the idea of acquiring Paramount Global. If a deal involving the Redstone empire comes to fruition, it would mark another transformative mega-merger for Hollywood legacy brands, following on the heels of Disney’s acquisition of 21st Century Fox in 2019, AT&T’s difficult marriage with Time Warner in 2018 and the subsequent Discovery-WarnerMedia tie-up that closed in April 2022.

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deadline.com

20.12.2023 / 21:37

Merger Meeting?: WBD’s David Zaslav & Paramount Global’s Bob Bakish Sit Down To Talk Possible Deal, “Preliminary” Says Source

Deadline has confirmed that Warner Bros Discovery and Paramount Global have held talks on a possible merger.

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variety.com

20.12.2023 / 21:19

Warner Bros. Discovery, Paramount Global in Merger Talks

Warner Bros. Discovery and Paramount Global have held talks about a potential merger of the two media companies, Variety has confirmed.

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deadline.com

02.12.2023 / 00:05

Paramount Global Shares Pop On Possible Bundling Of Paramount+ With Apple TV+

Paramount Global shares closed up nearly 10% Friday, leading entertainment stocks higher after the Wall Street Journal reported that Paramount Global and Apple are discussing bundling their respective streaming platforms at a discount.

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deadline.com

02.11.2023 / 22:27

“Hard-Bundle” Carriage Deals Resembling The Recent Charter-Disney Pact Appear To Be In Paramount’s U.S. Future, CEO Bob Bakish Says

Paramount CEO Bob Bakish has long touted “hard bundles,” the hybrid carriage agreements found in Europe and other international markets that weave streaming into conventional pay-TV packages.

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deadline.com

02.11.2023 / 22:27

Strikes Cost Paramount $60M In Latest Quarter As CEO Bob Bakish Hopes Actors’ Walkout Ends Soon

The actors are still on strike and it’s still costing Paramount Global.

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Bob Bakish: Celebs Rumors

Jo Ann Ross, First Woman to Lead Broadcast TV Ad Sales, Plans to Exit (EXCLUSIVE)

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