As the August 21 deadline looms for other parties to make a run at Paramount (or forever hold their peace), the Wall Street Journal reports that Edgar Bronfman Jr. has not exited the Paramount scene but is in talks with investors and preparing a bid.
Seagram Co heir Edgar Bronfman Jr. is close to making an offer for National Amusements that would compete with an accepted bid from Skydance Media, Bloomberg News reported on Thursday, citing people familiar with his plans.
Media executive Edgar Bronfman Jr. is preparing a bid for National Amusements, the family company that controls Paramount Global PARA 6.55%increase; green up pointing triangle, in what would mark the latest twist in one of the messiest media mergers in recent history.
Don't expect “meme mania” to make a comeback soon, but there may be good reason to consider a few of the meme stocks to buy on the dip. Largely, stocks that have experienced meme-like rallies, but aren't primarily in the meme stocks categories.
CBS Sports CEO David Berson said the volatility at parent company Paramount Global, which is laying off 15% of its U.S. workforce and preparing to merge with Skydance Media, isn't taking his division off its game.
The iconic Paramount Television Studios is shutting down this week as part of a cost-cutting effort by parent company Paramount Global PARA -0.10%decrease; red down pointing triangle.
A memo written by Paramount's three co-chief executive officers was circulated to staffers on Tuesday, according to a report by Bloomberg News.
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