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Elizabeth Warren Asks 'Is This Bribery?' Accuses Trump Of A 'Secret Side Deal' For Millions In Paramount Settlement
Wednesday, July 9, 2025 - 2:04am | 866Sen. Elizabeth Warren (D-Mass.) has called for a formal investigation into President Donald Trump's settlement with Paramount Global (NASDAQ:PARA) (NASDAQ:PARAA). What Happened: Last week, Paramount said it would pay $16 million to settle Trump's lawsuit over a "60 Minutes" segment. However, Trump...
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Is Paramount Offering Millions To Trump To End '60 Minutes' Lawsuit? Report Says 'Opening Offer Has Been Made'
Thursday, May 29, 2025 - 12:53pm | 759Media company Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA) has struggled to get its merger with Skydance over the finish line and an ongoing lawsuit with President Donald Trump could be the reason to blame. A new report says Paramount is ready to settle with millions of dollars. Could that get the...
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CBS Highlights TV Dominance, 17-Year Streak On Top: Can Success Help Offset Trump, Merger Concerns?
Monday, May 12, 2025 - 6:58pm | 743Media network CBS has dominated the prime time ratings for more than a decade and helped boost the financials for Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA) and subscribers for the company's Paramount+ streaming platform. With concerns over a pending merger and pressure from President Donald...
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Billionaire Larry Ellison's Role In Landing Top Recruit Bryce Underwood At Michigan
Tuesday, November 26, 2024 - 5:29pm | 840Michigan football fans are cheering after top high school football recruit Bryce Underwood flipped his recruit from LSU to U of M, a move that may have been helped by NIL (name, image and likeness) deals and a billionaire. What Happened: After winning the NCAA Football championship last season, the...
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Could Paramount Gain Additional NFL Content Through Skydance Merger? New Report Indicates ESPN Talks Stalled
Friday, October 4, 2024 - 2:25pm | 634The National Football League is shopping some of its media assets and Paramount Global (NASDAQ:PARA) (NASDAQ:PARAA) could be a winner thanks to its pending merger with Skydance Media. What Happened: The National Football League’s media partners, including Paramount's CBS broadcast network and...
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Paramount To Be Controlled By World's Sixth-Richest Man Larry Ellison: How Helping His Son Landed A Media Stake
Friday, September 6, 2024 - 2:06pm | 634Billionaire Larry Ellison will own a controlling interest in Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA) once the merger with Skydance Media finalizes in 2025. What Happened: Ellison, one of the world's richest people, will be the majority shareholder of National Amusements, the company that has...
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Paramount Global Surge Almost 7% In Pre-Market: What's Going On?
Friday, August 9, 2024 - 6:59am | 436Paramount Global (NASDAQ:PARA) (NASDAQ:PARAA) shares saw a near 7% rise in pre-market trading following the announcement of a significant write-down and workforce cuts. What Happened: Paramount Global announced a write-down of nearly $6 billion on its cable networks and plans to cut 15% of its U.S...
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Paramount Global Q2 Earnings Highlights: Studio Posts Revenue Miss, DTC Segment Up 13%, Closing Date For Skydance Merger
Thursday, August 8, 2024 - 4:32pm | 618Media company Paramount Global (NASDAQ:PARA) (NASDAQ:PARAA) reported second-quarter financial results after the market close Thursday. Here are the key highlights. What Happened: Paramount reported second-quarter revenue of $6.81 billion, down 11% year-over-year. The revenue total missed a Street...
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Paramount Analyst On Risk-Reward After Skydance Merger: 'We Think Shares Are Worth A Shot At The Current Price'
Tuesday, July 9, 2024 - 4:14pm | 562A leading analyst sizes up the impact on the future growth of Paramount Global (NASDAQ:PARA) (NASDAQ:PARAA) after the media company announced a merger with Skydance. The Paramount Analyst: Benchmark analyst Daniel Kurnos has a Buy rating on Paramount and a $19 price target. The Analyst Takeaways:...
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What's Going On With Paramount Global's Shares On Tuesday?
Tuesday, July 9, 2024 - 2:19pm | 522Mass media and entertainment conglomerate Paramount Global (NASDAQ:PARA) shares are trading higher today. Skydance Media CEO David Ellison outlined a transformative vision for Paramount, positioning the company as a technology-media hybrid amid rising competition from tech giants entering the...
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Paramount Technical Signals Point To Potential Upside On Heels Of Skydance Deal
Monday, July 8, 2024 - 12:16pm | 650Paramount Global (NASDAQ:PARA) saw a 3.13% dip by 11 AM ET on Monday as investors digested the merger announcement with Skydance Media. Here's what the technical indicators say about the stock's future. Bullish Indicators Despite the recent news, the technical outlook for Paramount stock remains...
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Paramount Analysts Size Up Merger: Skydance Aims For Earnings, 'Not A Breakup,' Redstone Says Content Is King
Monday, July 8, 2024 - 10:24am | 964Media company Paramount Global (NASDAQ:PARA) agreed to a merger with Skydance Media to form "New Paramount," valuing the combined company at $28 billion. Here's a look at what analysts are saying and how Paramount Non-Executive Chairwoman Shari Redstone sees the deal playing out. What Happened:...
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Paramount Global And Skydance Media Ink $28B Merger, Forming New Entity (UPDATED)
Sunday, July 7, 2024 - 10:15pm | 700Editor’s Note: The story has been updated with the latest details on M&A activity. The previous version was based on source-based information suggesting that the Paramount board had endorsed a merger with Skydance Media as David Ellison nears the acquisition of the owner of MTV and CBS....
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Apple, GameStock, Paramount Global, Oracle, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Tuesday, June 11, 2024 - 10:40pm | 633On Tuesday, major U.S. indices showed mixed results. The Dow Jones Industrial Average closed down 0.3% at 38,747.42, while the S&P 500 rose by 0.3% to 5,375.32. The NASDAQ finished the day with a gain of nearly 0.9%, reaching 17,343.55. These are the top stocks that gained the attention of...
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Byron Allen On Paramount-SkyDance Merger: 'We Want To Buy All The Shares, Take It Private'
Wednesday, May 8, 2024 - 6:35am | 655Media magnate Byron Allen has shown interest in acquiring Paramount Global (NASDAQ:PARA) (NASDAQ:PARAA), intending to privatize it before eventually launching an IPO, as revealed on CNBC’s “Last Call.” What Happened: During a discussion with Brian Sullivan on CNBC on Tuesday,...