Kamala Harris is murky on antitrust. Wall Street sees an opportunity

Kamala Harris is murky on antitrust. Wall Street sees an opportunity

Democratic presidential candidate, U.S. Vice President Kamala Harris speaks at a campaign rally at the Georgia State Convocation Center on July 30, 2024 in Atlanta, Georgia.  Megan Varner | Getty Images Wall Street dealmakers said they believe Vice President Kamala Harris, if she were to win the November presidential election against Donald Trump, is a … Read more

Skydance Paramount deal for Redstone’s National Amusements revived

Skydance Paramount deal for Redstone’s National Amusements revived

Shari Redstone, president of National Amusements, speaks at the WSJ Tech Live conference in Laguna Beach, California, on Oct. 21, 2019. Mike Blake | Reuters David Ellison’s Skydance has reached a preliminary deal with Shari Redstone’s National Amusements to merge with Paramount, according to two people familiar with the matter, resurrecting a deal which failed … Read more

Media mogul Barry Diller weighs a bid to gain control of Paramount

Media mogul Barry Diller weighs a bid to gain control of Paramount

A new suitor for Paramount Global has emerged. Media mogul Barry Diller is taking a look at acquiring National Amusements Inc., the company owned by Shari Redstone and the controlling shareholder of Paramount, CNBC’s David Faber reported on Tuesday. Diller’s IAC, an internet media and publishing company, has signed a nondisclosure agreement and is looking … Read more

Trump Media stock is ‘a scam’ Barry Diller says

Trump Media stock is ‘a scam’ Barry Diller says

Trump Media is “a scam,” and people buying its high-flying stock are “dopes,” IAC and Expedia Chairman Barry Diller said Thursday in a scathing takedown of the social media company whose majority shareholder is former President Donald Trump. “I mean, it’s ridiculous,” Diller said on CNBC’s “Squawk Box” when asked about Trump Media. “The company … Read more