Paramount Global Class B Stock News

Ad-Supported Streaming Home to Live Sports on CBS and Top-Rated Original Shows "Tulsa King" and "SpongeBob SquarePants" Now Included for Spectrum Video Customers at No Extra Cost STAMFORD, Conn. and NEW YORK , Aug. 22, 2024  /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) and Paramount Global (NASDAQ: PARA, PARAA) today announced that the ad-supported version of Paramount's direct-t...

Paramount announced a merger with Skydance Media in July. The deal, however, had a 45-day period that allowed Paramount to seek other bidders.

Paramount's special committee on Wednesday said it would extend by 15 days an agreed-upon "go shop" period of its merger agreement with Skydance as it reviews a competing offer from Edgar Bronfman Jr. The committee said that during the initial "go shop" period it contacted more than 50 third parties to gauge potential acquisition interest.

NEW YORK , Aug. 21, 2024 /PRNewswire/ -- The Special Committee of the Board of Directors (the "Special Committee") of Paramount Global (NASDAQ: PARA, PARAA) ("Paramount" or "the Company") today announced the receipt of an acquisition proposal from Edgar Bronfman, Jr., on behalf of a consortium of investors (the "Bronfman Consortium"), that the Special Committee has determined qualifies the Bron...

The competing offer for the home of Paramount Pictures, the CBS broadcast network and MTV threatens to undo an acquisition by tech scion David Ellison and his firm, Skydance Media.

Edgar Bronfman Jr. has upped his bid for Paramount Global, attempting to pry Paramount away from Skydance. Bronfman's initial offer lobbed on Monday night was worth $4.3 billion. He's now revised that to $6 billion. The same $2.

Veteran media executive Edgar Bronfman Jr sweetened his offer to $6 billion for National Amusements and a minority stake in Paramount Global , people familiar with the matter told the Wall Street Journal on Wednesday.

Edgar Bronfman Jr. has sweetened his offer for Shari Redstone's media empire, a move that could scuttle her deal to sell to David Ellison's Skydance Media.