Tag: PARA

Paramount Share Price Falls as Buyout Still to Be Decided
August 28, 2024 BY Robert Bell

Paramount Share Price Falls as Buyout Still to Be Decided

With billionaire Edgar Bronfman Jr. taking a step back from the battle to gain control of Paramount, it's looking more likely that Skydance Media will, after a long period of speculation, be the winner of the race to buy the company. For now, PARA is operated by National Amusements (NAI), the holding company run by…

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Paramount
April 29, 2024 BY Elizabeth Anderson

No Curtain Call For Paramount’s CEO As Skydance Merger Looms

According to CNBC, those close to the matter indicated that Bakish would not be attending the company’s quarterly earnings call scheduled for Monday. Instead, the international media and entertainment giant will rely on its segment heads to handle the event. The firm is currently in talks with Skydance Media, a private outfit, about a possible…

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