mixmotive A new chapter is opening for Paramount Global (NASDAQ:PARA) following several drama-filled twists that saw it finally agree to a merger with David Ellison’s Skydance Media. It’s a complex transaction (see the details below), but there are hopes it can resurrect a Hollywood icon that has erased about 70%Continue Reading
tadamichi Stock futures remained largely unchanged in premarket action on Wednesday, following the S&P 500’s historic close above 5,500 and the Nasdaq Composite’s first-ever close above 18,000 points. Here are some of Wednesday’s biggest stock movers: Biggest stock gainers After closing higher in the previous session, Class A (NASDAQ:PARAA) andContinue Reading
mixmotive/iStock Editorial via Getty Images Paramount Global (NASDAQ:PARA) (PARAA) parent National Amusements has reportedly come to agreement on preliminary terms to merge Paramount with Skydance Media, a deal that had fallen apart last month. Skydance, led by David Ellison, would buy NAI (the family company of Shari Redstone) and mergeContinue Reading
Monty Rakusen Stock futures edged lower in the premarket hours of Tuesday ahead of the JOLTS report due later today. Here are some of Tuesday’s biggest stock movers: Biggest stock gainers Paramount Global (NASDAQ:PARA) shares rose nearly 3% following a report that media mogul Barry Diller and his company IACContinue Reading
Tim P. Whitby/Getty Images Entertainment Paramount Global (NASDAQ:PARA) (NASDAQ:PARAA) is reportedly in discussions to merge just its money-losing streaming offering Paramount+ with a partner streamer — and Warner Bros. Discovery (WBD) is again coming up as a potential joint-venture mate. Paramount is talking with other industry companies about such aContinue Reading
