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Viacom, a division of Paramount, bought VidCon from the Green brothers in 2018. Related stories ... fan-based events company could help revive VidCon to its somewhat faded glory.
Paramount, like Viacom before it, has long relied on its hugely profitable cable channels filled with inexpensive fare. Think “The Osbournes,” “Jersey Shore,” and “Tosh.0.” ...
In a bid to conserve cash, the parent company slashed its shareholder dividend (to 5 cents from 24 cents). That means greatly reduced payouts to NAI, which holds 77% of Paramount shares.
Paramount Global has agreed to settle a shareholder lawsuit that claimed that the 2019 CBS-Viacom merger was unfair for shareholders. According to a securities filing Friday, Paramount will pay ...
Mario Gabelli, whose firm owns 10 percent of Paramount’s voting stock — the same class of stock the Ms. Redstone owns — said he would prefer for the company to wait at least three years ...
Share of Paramount Global hit a milestone today, and not a good one.. The stock price fell below $10 intraday, changing hands at $9.91 just now, down 2% from Friday. It’s never dipped below ten ...
Paramount Global board members on Sunday afternoon approved the bid by Ellison's Skydance Media and its backers to buy the Redstone family's Massachusetts holding firm, National Amusements Inc.
David Ellison says the new Paramount will be a "World-Class Media and Technology Enterprise." He's Oracle founder Larry Ellison's son, so he's definitely got tech connections.
Paramount Global CEO Bob Bakish is stepping down, the company announced Monday, as merger negotiations with Skydance Media continue. Bakish climbed the corporate ladder after joining Viacom in ...
Bob Bakish was once a staunch ally of Shari Redstone, Paramount’s controlling shareholder. His departure comes as the company considers a major merger. By Benjamin Mullin and Lauren Hirsch Shari ...
Paramount previously agreed to purchase Skydance in an all-stock transaction that values Ellison’s independent media company at $4.75 billion, the companies have said.
Paramount Global will pay $122.5 million to settle a lawsuit claiming the 2019 CBS-Viacom merger was unfair to shareholders, the company said in a filing Friday. The settlement is still subject to ...