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At Close: Nov 06, 2025
Media, tech titans head for Sun Valley with streaming alliances top of mind
01:16pm, Monday, 08'th Jul 2024
Media and tech's titans of industry will convene this week at the Sun Valley Lodge in Idaho for investment bank Allen & Co.'s annual conference. For many business leaders, streaming and potential alli
Skydance CEO David Ellison — and scandal-scarred media exec Jeff Shell — signal $2B in cost cuts for Paramount
01:01pm, Monday, 08'th Jul 2024
Ellison -- the son of tech tycoon Larry Ellison whose Hollywood production company is behind “Top Gun: Maverick” and “Mission: Impossible -Dead Reckoning” -- said Monday that he sees over $2 b
Paramount Holders Won't Get to Vote on Skydance Deal. It Might Not Get Done.
12:47pm, Monday, 08'th Jul 2024
The media and entertainment company's merger deal with Skydance Media shuts out holders of the company's nonvoting class B shares—who own most of Paramount's equity.
Paramount Technical Signals Point To Potential Upside On Heels Of Skydance Deal
12:16pm, Monday, 08'th Jul 2024
Paramount Global PARA saw a 3.13% dip by 11 AM ET on Monday as investors digested the merger announcement with Skydance Media.
NFLX, PARA: How Summer Movie Season is Impacting Theater Stocks
12:08pm, Monday, 08'th Jul 2024
Netflix (NFLX) is trading at its highest level since November 2021. Alicia Reese discusses the streaming space and how the summer movie season is impacting theater stocks.
Paramount agrees to merger with Skydance
11:52am, Monday, 08'th Jul 2024
Paramount Global and Skydance Media have reached a deal to merge the two massive media companies together, according to a joint statement released Sunday.
PARA/Skydance Agreement, LLY to Acquire MORF, NOW Downgrade
11:45am, Monday, 08'th Jul 2024
Paramount (PARA) enters a definitive merger agreement with Skydance Media. Eli Lilly (LLY) is acquiring Morphic Therapeutics (MORF) for $3.2B cash.
Paramount's stock and bonds sell off as company seals buyout deal with Skydance Media
11:12am, Monday, 08'th Jul 2024
‘It's the old “buy the rumor, sell the news” adage,' says a market source.
Paramount Analysts Size Up Merger: Skydance Aims For Earnings, 'Not A Breakup,' Redstone Says Content Is King
10:24am, Monday, 08'th Jul 2024
Media company Paramount Global PARA agreed to a merger with Skydance Media to form "New Paramount," valuing the combined company at $28 billion.
Evaluating The Final Paramount-Skydance Merger
10:15am, Monday, 08'th Jul 2024
Paramount's special committee and Shari Redstone have finally agreed to definitive merger terms. While there still is the chance of a better deal materializing within the 45-day go-shop period, don't
Skydance On Cost Cuts, Streaming Partnerships & Big Breakup Fee If Another Buyer “Comes Out Of The Woodwork” For Paramount
10:10am, Monday, 08'th Jul 2024
Skydance's Daivd Ellison, Jeff Shell, and RedBird Capital looked to woo Wall Street to their planned merger with Paramount highlighting $2 billion in running cost synergies, streaming break even in a
Paramount Agrees To Skydance Merger, Seemingly Ending Saga
09:59am, Monday, 08'th Jul 2024
Paramount Global (PARA) announced that it has agreed to terms to merge with Skydance Media, seemingly bringing an end to months of negotiations.
PARA Stock Alert: Paramount FINALLY Reaches Merger Deal With Skydance
09:29am, Monday, 08'th Jul 2024
Paramount Global (NASDAQ: PARA ) said it finally reached an agreement to be acquired by privately held Skydance Media. The sides had been negotiating for months.
Paramount Stock Rises on New Skydance Deal. It Could Be Best Shareholders Will Get.
08:54am, Monday, 08'th Jul 2024
The deal, the culmination of months of wrangling between Skydance and Paramount, would let shareholders cash out at a premium.
Paramount agrees to merge with Skydance
08:02am, Monday, 08'th Jul 2024
Paramount Global will merge with Skydance, ending an era of control by the Redstone family of the storied movie studio and CBS broadcast network. The agreement caps off months of negotiations with var
