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Paramount stock slumps 8.51% on request of Equity Raise Paramount Global's ( NASDAQ:PARA ) shares plummeted by 8% on Thursday following news reports that it may require an infusion of new equity of up to $3 billion to merge with Skydance Media. The reports are based on information provided by sources familiar with the deal.
Apr 9, 2024 · NEW YORK , April 29, 2024 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA) today announced financial results for the first quarter ended March 31, 2024. Please visit the Paramount Investors homepage to view the press release . The company will conduct a conference call at 4:30 p.m. Read more. Apr 29, 2024.
Feb 13, 2024 · Paramount Global, the owner of broadcast and cable TV networks, announced Tuesday it will lay off hundreds of staffers as the media giant looks to reduce costs and grow revenue. The news comes ...
Apr 27, 2024 · Paramount Global, previously named ViacomCBS, was established in a $12 billion 2019 merger from CBS and Viacom. Bakish was appointed as Viacom’s CEO in 2016, and retained the role after the 2019 ...
Jun 26, 2024 · Paramount Global is a media, streaming and entertainment company. The Company has three segments. TV Media segment consists of its broadcast operations: CBS Television Network, CBS Stations and its international free-to-air n etworks; domestic premium and basic cable networks, including Paramount+ with Showtime, MTV, Comedy Central, Paramount Network, The Smithsonian Channel, Nickelodeon, BET ...
Jun 25, 2024 · Paramount Global’s trio of co-CEOs provided an update Tuesday at a town hall for the company’s more than 20,000 employees on where things stand with their plan to cut costs, boost revenue and ...
Dec 11, 2023 · After all, analysts and bankers see Skydance and Paramount combining their film operations and CBS Studios to create a content producer with more scale — Paramount’s 63 million global ...
