Paramount

Paramount in exclusive merger talks with Skydance: reports

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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

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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