Paramount Global board approves plan to merge with Skydance Media, source says

Paramount Global board approves plan to merge with Skydance Media, source says

Paramount Global’s board of directors Sunday approved a merger with Skydance Media, endorsing a deal that would combine one of Hollywood’s oldest studios with the up-and-coming production company, a source close to the deal told Reuters. A final agreement could be announced as soon as Sunday night. The vote comes on the heels of a … Read more

Maybe Don’t Light A Cigarette In An SUV Full Of Propane Tanks

Maybe Don’t Light A Cigarette In An SUV Full Of Propane Tanks

Image: CBS News Los Angeles YouTube Apologies to all you smokers out there, but smoking is dumb. It’s especially dumb when you do it around things that can kill you even faster than cigarettes. Like something that can explode. One man learned that lesson the hard way but surprisingly survived. Los Angeles news outlets report a … Read more

‘Elsbeth’ Actor Wendell Pierce On Award Nominations

‘Elsbeth’ Actor Wendell Pierce On Award Nominations

Wendell Pierce has been in the entertainment business for almost 40 years and has delivered powerful scenes with role after role. Pierce, 60, has graced our screens in shows and films like “The Wire,” “Brown Sugar,” “Suits,” “Tom Clancy’s Jack Ryan” and many more. His most recent credits include the Starz hit series “Power Book … Read more

Paramount in exclusive merger talks with Skydance: reports

Paramount in exclusive merger talks with Skydance: reports

Paramount Global has entered exclusive talks with Skydance on a potential merger instead of a proposed $26 billion takeover offer from Apollo, US media reported Wednesday night. The negotiations mean entertainment giant Paramount will not speak with Apollo or other prospective acquirers for 30 days, while it aims for a transaction to be bought by … Read more

Paramount anticipates profitability on streaming by 2025

Paramount anticipates profitability on streaming by 2025

Paramount is anticipating being profitable on streaming by the end of 2025, company leadership told investors Wednesday. As part of a report to investors on fourth-quarter earnings from last year, the company said it had reached 67.5 million subscribers on Paramount+ after netting 4.1 million in the fourth quarter of 2023. Subscription revenue grew 43 … Read more