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December 21, 2023
Merger of two debt-laden media giants would face several hurdles, but the industry’s drive for deals will only pick up
December 21, 2023
"Concerns may shift from levels of competition to the overall health of the industry, which could help the process"
December 21, 2023
As reports emerged about a potential tie-up of the media giants, the stocks of both firms fell.
December 21, 2023
Chiefs of Warner Bros. Discovery and Paramount met this week and discussed potential merger; any Warner offer would likely be in stock
December 21, 2023
Communications services companies rose, but not by as much as the broad market, as investors looked askance on merger intrigue. Shares of Paramount Global...
December 20, 2023
Axios first reported the meeting, which it said was held Tuesday at Paramount’s New York offices.
December 19, 2023
Communications services companies rose as traders bet streaming services would see added demand during the holiday season. Netflix shares rose to their highs...
December 18, 2023
Jonathan Majors was convicted Monday of assaulting his former girlfriend after a two-week trial that he hoped would restore his status as an emerging...
December 15, 2023
Trian CEO Nelson Peltz nominated himself and former Disney CFO James Rasulo to the board, citing “chronic underperformance” at the House of Mouse.
December 14, 2023
Move is latest twist in proxy battle between Peltz’s Trian Fund Management and the entertainment giant