Page 4 - Paramount Global News Today

National Amusements has stopped talks with Skydance on a proposed merger with Paramount Global, CNBC's David Faber reported Tuesday.

US gas prices are falling. Experts point to mild demand at the pump ahead of summer travel

Honeycomb Asset Management LP purchased a new stake in Paramount Global (NASDAQ:PARA – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 1,000,000 shares of the company’s stock, valued at approximately $14,790,000. Paramount Global accounts for approximately 3.5% of Honeycomb Asset […]

Honeycomb Asset Management LP bought a new stake in shares of Paramount Global (NASDAQ:PARAA – Free Report) during the 4th quarter, Holdings Channel reports. The firm bought 44,760 shares of the company’s stock, valued at approximately $880,000. Several other hedge funds and other institutional investors have also bought and sold shares of PARAA. Ninety One […]

Breaking News, Sports, Manitoba, Canada

This just in tonight from Skydance Boss David Ellison as Paramount Global controlling shareholder Shari Redstone says "No" to Skydance's offer to buy National Amusements.

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

National Amusements, which owns a majority voting stake in the embattled entertainment giant Paramount Global, says it has ended talks on a possible merger of Paramount with movie production company Skydance Media.

National Amusements ends talks on Paramount-Skydance merger, citing inability to reach terms. Concerns over Paramounts future due to debt and declining TV business. Skydance, led by David Ellison, has produced hits for Paramount like Top Gun: Maverick and Mission Impossible series.

Paramount co-CEOs tell staff their strategic plan is underway.