Paramount Studios logo mixmotive Overview: The National Amusements/Skydance tango with an exclusive negotiating window has now expired, and this opens the way for other bidders to enter. Skydance’s convoluted financing schemes, questions about its operational abilities, primary interest only on studio assets, and probable litigation intensity suggest that the Skydance bid will not be revived….
The Paramount turtle is inching closer to the finish. tirc83/E+ via Getty Images Shari Redstone is finally willing to sell – but the exact terms matter Until recently, even the very hypothesis that Shari Redstone might not sell after all was not totally out of the question. Today, it looks pretty certain to me that…
simpson33 On 31st Jan 2024, Byron Allen announced its intention to make an offer for Paramount Global (NASDAQ:PARA) (NASDAQ:PARAA), worth ca. $30bn including debt. Byron, get in line. The media tycoon is joined in the group of interested parties by David Ellison’s Skydance Media, Apollo Global Management, Warner Bros. Discovery (WBD) and Apple (AAPL) –…
Merkuri2 Shares of Paramount Global (NASDAQ:PARA) have been on the rise in recent months on rumors that the company could be sold or merged with one of its competitors. While there’s no clarity about what’s going to happen next, we could assume that the worst for the company is likely behind it. While the rumors…
Bryan Bedder/Getty Images Entertainment It has been a long and painful journey for Paramount Global (NASDAQ:PARA) (NASDAQ:PARAA) shareholders. Since the 2021 momentum bubble, driven by nothing but hot air and one hedge fund leveraging funds to the max, things have looked glum. Data by YCharts That chart should bring to the forefront the popular saying…
Eamonn M. McCormack/Getty Images Entertainment Paramount Global (NASDAQ:PARA) (NASDAQ:PARAA) hit a 52-week low on Friday, September 1 (perhaps in part because of a warning by media insider Barry Diller). That price point was $13.62 (for PARA), and the 13-handle finds itself versus a 25-handle for the 52-week-high. Here’s a chart of the stock: Data by…