Paramount Global Class A Stock News

NEW YORK , Sept. 25, 2024 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per share on both its Class A and Class B Common Stock.

Paramount Global has begun the second phase of its planned layoffs in the United States as the media giant pushes toward increasing profitability, according to an internal memo seen by Reuters.

Paramount Global has initiated the next phase of its plan to lay off 15% of its U.S. workforce, saying the cuts will be 90% complete after further cutbacks today. George Cheeks, Chris McCarthy and Brian Robbins conveyed the news to staffers in a memo this morning. (Read it in full below.

Leaders of the "Divine Nine" plus Nine additional emerging young leaders powerfully share their collective voices NEW YORK , Sept. 19, 2024  /PRNewswire/ -- BET and The National Pan-Hellenic Council, Inc. (NPHC) are proud to announce the launch of the new BET 'We VOTE' Public Service Announcements (PSA) featuring all nine Black fraternities and sororities.

5th Annual National Black Voter Day Will Mobilize Black Voters Nationwide to Drive Unprecedented Turnout in the 2024 Election NEW YORK , Sept. 18, 2024 /PRNewswire/ -- BET Media Group (a unit of Paramount, NASDAQ: PARAA; PARA), the world's largest media company dedicated to empowering the Black community and championing Black culture, is proud to continue its commitment to mobilizing Black vote...

Larry Ellison, the billionaire co-founder of Oracle Corp (NYSE:ORCL, ETR:ORC), will control Paramount Global (NASDAQ:PARA) after a group led by his son David takes over the entertainment firm, a regulatory filing has revealed. David Ellison's Skydance Media is purchasing National Amusements, the company that controls Paramount, in a deal valued at about $8 billion.

CBS parent Paramount Global will be controlled by software billionaire Larry Ellison after a group led by his son David completes its purchase of the Redstone family's interest in the film and TV company, Bloomberg News reported on Thursday, citing a regulatory filing.

Students, alumni and community members will have the chance to win special prizes for making their voices heard this election season WASHINGTON, Sept. 5, 2024 /PRNewswire/ -- Today, HBCU Buzz , BET , Live Nation Urban and When We All Vote , Michelle Obama's national, nonpartisan voting initiative, announced the Vote Loud: HBCU Voter Registration Challenge , calling on HBCU students and communit...