Jun. 11, 2024 20:37 PM EDT
NEW YORK (AP) — National Amusements, which owns a majority voting stake in embattled entertainment giant Paramount Global, said Tuesday that it has ended talks on a possible merger of Paramount with movie production company Skydance Media.
The potential deal had drawn attention...
May. 02, 2024 18:31 PM EDT
Sony Pictures and the private equity firm Apollo Global Management have expressed interest in buying Paramount Global for $26 billion, according to a person familiar with the details.
Sony would be the majority shareholder and Apollo would have a minority stake, according to the...
Apr. 29, 2024 19:17 PM EDT
NEW YORK (AP) — Paramount Global on Monday announced that Bob Bakish is stepping down as CEO of the film, television and multimedia company.
Bakish will be replaced by a troika of executives who will form a new “Office of the CEO.” The group includes George Cheeks, the CEO of...