Tag: Paramount Global

The merger between Skydance Media and Paramount Global has closed, with the Ellison family and RedBird Capital set to provide long-term strategic investment to "reinvigorate" the company.

With the Skydance Media and Paramount Global merger set to be completed this week, the company has unveiled its new executive team under David Ellison.

As it nears the closing of its Skydance merger, Paramount reported Q2 revenues of $6.8 billion, a 1 percent gain, with the company emerging from last year's loss to deliver an operating profit of $399 million.

The FCC has approved Skydance’s $8 billion acquisition of Paramount Global.

Paramount Global has entered into a new deal with Park County and South Park Digital Studios covering new episodes and previous seasons of South Park.

BBC Studios has appointed media and licensing industry leader Dion Vlachos as senior VP of consumer products for North America.

Direct-to-consumer was a bright spot in Paramount Global's first quarter, with revenues rising 9 percent as Paramount+ expanded its base to 79 million subs.

Paramount Global has clinched new distribution agreements with Comcast to keep its brands on the Xfinity platforms.

A consortium of investors led by Edgar Bronfman Jr. has dropped its acquisition bid for Paramount Global.

Paramount Global is considering an acquisition proposal from a consortium of investors led by Edgar Bronfman, Jr., extending the "go shop" period it announced after sealing a merger agreement with Skydance.