
Paramount to shrink board size to 7 as Skydance deal talks escalate
A deal would combine Paramount with Skydance, which is behind films such as "Top Gun: Maverick" and "Mission: Impossible - Dead Reckoning Part One."

Paramount plans to shrink board to seven directors amid Skydance deal talks
Paramount Global disclosed on Thursday that it plans to reduce its board to seven directors from 11 currently amid reports that the entertainment giant controlled by Shari Redstone was discussing a...

Handful Of Paramount Directors Leaving Amid Skydance Talks; CEO Bob Bakish Compensation Topped $31 Million In 2023
Four directors of Paramount Global are not standing for re-election, an SEC filing has confirmed, paring the board down to seven directors. Shareholders will vote on directors and other matters at ...

As Paramount Shareholders Slam A Skydance Deal, Four Directors Said To Be Exiting Board: Could Threat Of Legal Action Derail Talks?
The temperature is rising as Paramount Global's common shareholders continue to publicly and privately bash a possible acquisition by David Ellison's Skydance Media with terms they insist would mai...

Paramount Integrates Commerce as Media Giants Compete With TikTok Shop
With social apps leading the charge in shoppable content, more traditional entertainment companies such as Paramount are seeking new solutions to hold their own amid the rise of commerce-integrated...

Paramount Global Shares Hit 14-Year Low—Then Rebound—As Board Members Reportedly Depart Amid Merger
Shares of Paramount Global briefly plummeted more than 7% in intraday trading Wednesday, hitting a 14-year low before recovering to close down 4.3%, as four company board members reportedly prepare...

Four Paramount Directors to Step Down as Company Discusses Skydance Merger
The directors' expected departures come at a sensitive time for Paramount Global.

Three directors to leave Paramount board as company holds merger talks: report
Three of Paramount Global Inc.'s directors are expected to step down from the media conglomerate's board in the coming weeks as it continues talks over a potential merger, the Wall Street Journal r...

Three Paramount board members to step down amid talks to merge with Skydance: report
A merger could result in Ellison combining Paramount with his independent media house that is behind films such as "Top Gun: Maverick" and "Mission: Impossible - Dead Reckoning Part One."

Three Paramount board members to step down amid talks to merge with Skydance, WSJ reports
Three members on the board of Paramount Global are expected to exit the entertainment giant amid merger talks with Skydance Media, the Wall Street Journal reported on Wednesday.

Will David Ellison's dad help him save Paramount?
Producer David Ellison trying to take control of Paramount, the troubled media company. Ellison's father, Oracle founder Larry Ellison, is expected to help finance the proposed deal.

Paramount merger with Skydance unlikely to benefit shares - analysts
An effective sale of Paramount Global (NASDAQ:PARA) to Skydance may take time to benefit shares in the Nickelodeon and Comedy Central owner, Bank of America analysts have warned. David Ellison's Sk...

Paramount Global Stock Plunges As Shareholder Blasts Possible Deal with Skydance
Paramount Global (PARA) shares declined after investor Matrix Asset Advisors raised concerns about the bid by David Ellison's Skydance Media to take over the entertainment giant.

Paramount investor rips Shari Redstone's deal to sell media giant to Skydance: ‘Detrimental to the company's value ‘
A Paramount Global investor slammed Shari Redstone over her deal to sell the company to Skydance Media, claiming the heiress is attempting to enrich herself at the expense of regular shareholders.

Paramount reportedly could acquire Skydance in $5 billion all-stock deal
A deal between Paramount Global and Skydance Media could see the media conglomerate acquire the independent studio in an all-stock transaction valued at around $5 billion, the Wall Street Journal r...
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