Netflix Inc
Why Shari Redstone is trying to sell Paramount — and why she needs the right deal
Shari Redstone, president of National Amusements, speaks at the WSJ Tech Live conference in Laguna Beach, California, on Oct. 21, 2019. Mike Blake | Reuters Paramount Global nonexecutive chair and controlling shareholder Shari Redstone has been talking to potential buyers interested in acquiring her media company — or parts of it for years — but […]
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Amazon set to report fourth-quarter earnings soon after the bell
Amazon CEO Andy Jassy speaks at the Bloomberg Technologies Summit in San Francisco on June 8, 2022. David Paul Morris | Bloomberg | Getty Images Amazon is slated to report fourth-quarter earnings Thursday immediately after the closing bell. Here is what analysts are projecting: Earnings for each share: 80 cents, according to LSEG, previously regarded […]
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Byron Allen, offering $14 billion for Paramount, has a long history of media bids that haven't materialized
Byron Allen, founder, chairman and CEO of the Allen Media Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Patrick T. Fallon | AFP | Getty Images Byron Allen, the media mogul offering $14 billion for Paramount Global, told CNBC on Wednesday that he has the money to […]
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To stream or not to stream: Hollywood studios could send more films to the big screen as Wall Street pushes for profits
Bebe Wood, Renee Rapp and Avantika Vandanapu star as The Plastics in the 2024 adaptation of “Mean Girls.” Paramount Paramount is making a habit of greenlighting low- to mid-budget films for its streaming service, only to about-face and send them to theaters first. As the media company and its rivals try to claw their way […]
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