Paramount Global Class B Share News

Skydance Media has reached a preliminary agreement to buy Shari Redstone's family company National Amusements and merge with Paramount Global PARA 5.72%increase; green up pointing triangle, rekindling deal talks that fizzled last month.

Scott Mills is teaming up with Chinh Chu, the head of CC Capital, in a bid for BET, according to Bloomberg News.

Paramount Global stock jumped 6% on the latest report it has resumed talking to potential buyers of select assets after pausing the divestments during ultimately fruitless merger talks with Skydance Media. A group of investors is holding exclusive talks with Paramount about a bid of $1.6 billion for BET Media Group, Bloomberg reported Tuesday.

Barry Diller's IAC is exploring a bid to take control of Paramount Global, CNBC's David Faber reported on Tuesday. The offer would be for Shari Redstone's National Amusements Inc., the controlling shareholder of Paramount.

Shares of streaming platform Paramount Global (NASDAQ:PARA) are 2.6% higher to trade at $10.41 this morning, after several companies have expressed interest in a merger.

Billionaire media mogul Barry Diller is in talks with Paramount's parent firm, National Amusements, for control of Paramount, according to The New York Times, marking the latest bid for Paramount after Skydance Media recently ended merger negotiations with the entertainment conglomerate.

Paramount Global leaders are having discussions with a number of companies to explore merging Paramount+, its money-losing streaming service. Warner Bros.

This Berkshire/Buffett holdings list from Kiplinger first appeared on 5/16/24 on the Berkshire Hathaway SEC Form 13F. Kiplinger, YCharts, and Dogs-of-The-Dow all track this Berkshire batch. Here is your 6/28/24 YCharts update. 25 of 41 current Berkshire-owned-stocks pay dividends. As of 6/28/24, the top ten ranged from 2.41% to 4.97% by annual yield, and 38 of 41 ranged from 0.60% to 71.4% by b...