Paramount Global
Warner Bros. Discovery merger talks with Paramount Global may draw out NBCUniversal
Let’s say you have a crush on two people and you find out one of them may like you back. Do you just start dating that person, or do you find out what the other person thinks, too? That’s where Warner Bros. Discovery finds itself today. The company has held preliminary merger talks with Paramount […]
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Warner Bros. Discovery and Paramount World wide in early merger talks
Warner Bros. Discovery and rival Paramount World are in early merger talks, a resource acquainted with the make any difference informed CNBC. Warner Bros. Discovery CEO David Zaslav and Paramount CEO Bob Bakish satisfied Tuesday to discuss the contours of a feasible offer, reported the resource, who declined to be named given that the talks […]
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Big M&A and Bob Iger's future: 13 media executives make their anonymous 2024 predictions
NYT Columnist Andrew Ross Sorkin and C.E.O. of The Walt Disney Company Bob Iger speak during the New York Times annual DealBook summit on November 29, 2023 in New York City. Michael M. Santiago | Getty Images It’s the most wonderful time of the year! It’s the third annual anonymous media and entertainment executive predictions […]
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Will 2024 bring good tidings to media and telecom companies? That's unlikely
The Grinch Source: Universal Studios It’s human nature for a new year to bring optimism and hope. For executives, investors and employees in the entertainment and telecommunications industries, 2024 is set to disappoint. Maybe that’s too grinchy. Some things will get better. The actors’ and writers’ strikes are over. The 2024 U.S. presidential election should […]
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Paramount shares jump after reports of takeover interest
Paramount logo is seen on the building in Los Angeles, United States on November 13, 2023. Nurphoto| Getty Images Paramount Global shares surged Friday following reports from Deadline and Puck News that Skydance and Redbird Capital were exploring potentially taking over the media giant. Paramount shares were up more than 14%. The company has a […]
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Media stocks jump after report says Apple, Paramount are discussing streaming bundle
Jakub Porzycki | Nurphoto | Getty Images Media stocks jumped on Friday following a Wall Street Journal report that Apple and Paramount Global are in early-stage talks to offer a bundle of the two company’s streaming platforms. The companies have talked about bundling Apple TV+ and Paramount+ in an offering that would cost less than […]
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Stocks building the most significant moves midday: Tesla, Disney, Alibaba, Ulta Splendor and a lot more
Examine out the organizations creating headlines in midday trading. Tesla — Tesla shares slipped less than 1% as Wall Road assessed the firm’s extensive-anticipated Cybertruck pursuing a supply start occasion Thursday in Texas. Disney — Disney shares were being nearly flat soon after the leisure large reinstated its dividend at 30 cents per share amid […]
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Thanksgiving TV broadcasts drew record-breaking ratings, even as industry grapples with cord-cutting
Macy’s Thanksgiving Day Parade, 2023: Birds Of A Feather Stream Together – Peacock Float NBC | NBCUniversal | Getty Images Thanksgiving TV viewership gave media companies a lot to be grateful for this year. A range of events over the holiday broke ratings records. NBC drew an all-time record 28.5 million viewers this year during […]
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Stocks making the most important moves midday: Microsoft, Chegg, Zoom Video clip, Paramount and extra
Check out out the firms building headlines in midday trading. Zoom Video clip Communications — The software stock included virtually 2% forward of its third-quarter earnings thanks right after industry shut. Analysts polled by FactSet expect $1.08 for every share in earnings and profits of $1.12 billion for the quarterly period, as opposed to the […]
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Musk threatens ‘thermonuclear lawsuit’ versus media watchdog, calls advertisers ‘oppressors’
Elon Musk lashed out at large advertisers and Media Issues, a media watchdog team, on Friday soon after many major manufacturers made the decision to pause paying on X, the social media system he owns and operates as CTO. Musk wrote late Friday evening, “The break up next courtroom opens on Monday, X Corp will […]
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