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Proposed Merger Of Skydance Media And Paramount Global
On July 7, 2024, American media companies Skydance Media and Paramount Global announced a definitive agreement to merge in a deal valued at $8 billion, forming a new entity known as "Paramount Skydance Corporation". The agreement values the newly formed entity at approximately $28 billion. The transaction is currently expected to close in 2025. In 2023, after grappling with debt and striving to remain competitive in the entertainment industry, Paramount's parent company, National Amusements, explored potential merger and acquisition opportunities for Paramount Global. Numerous prominent companies, such as Sony Pictures, Warner Bros. Discovery, Apollo Global Management, Edgar Bronfman Jr., Allen Media Group, and Skydance Media, had indicated their interest in exploring potential business partnerships or purchasing the company. After first coming to a merger deal with Skydance, Paramount and Skydance canceled the proposed merger on June 11 due to unsatisfactory conversations. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paramount Pictures
Paramount Pictures Corporation, commonly known as Paramount Pictures or simply Paramount, is an American film production company, production and Distribution (marketing), distribution company and the flagship namesake subsidiary of Paramount Global. It is the sixth-oldest film studio in the world, the second-oldest film studio in the United States (behind Universal Pictures), and the sole member of the Major film studio, "Big Five" film studios located within the city limits of Los Angeles. In 1916, film producer Adolph Zukor put 24 actors and actresses under contract and honored each with a star on the logo. In 1967, the number of stars was reduced to 22 and their hidden meaning was dropped. In 2014, Paramount Pictures became the first major Hollywood studio to distribute all of its films in digital form only. The company's headquarters and studios are located at 5555 Melrose Avenue, Hollywood, California. The most commercially successful film franchises from Paramount Pictu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chris McCarthy (executive)
Chris McCarthy is an American media executive who has served as the interim principal executive officer of Paramount Global since 2024. He is one of three executives leading the office of the chief executive officer for the company and the president and chief executive officer of Showtime Networks and MTV Entertainment Studios, where he oversees multiple brands, including MTV, Showtime, Comedy Central, and the Paramount Network. Early life and education McCarthy grew up in Levittown, Pennsylvania. His parents both worked two jobs, his father at a chemical plant and as a janitor, his mother at a steel mill and a mall. McCarthy began working at Chick-fil-A in his teens, becoming manager at 16. Seeking to leave Levittown, he enrolled at Drexel University and received a bachelor of science degree in engineering and commerce from in 1998, then a master of business administration degree from Wharton Business School at the University of Pennsylvania in 2003. Career McCarthy work ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brian Robbins
Brian Robbins (born Brian Levine, November 22, 1963) is an American film producer, director, and executive. He is the Co-CEO of Paramount Global; President and Chief Executive Officer of Paramount Pictures and Nickelodeon; and Chief Content Officer, Movies & Kids & Family, Paramount+. As President & CEO of Paramount Pictures, Robbins oversees the filmed entertainment division's creative strategy and worldwide business operations including Paramount Pictures, Paramount Animation, Paramount Home Entertainment, Paramount Pictures International, Paramount Licensing Inc., and Paramount Studio Group. Early life Robbins was born on November 22, 1963 in New York City and raised in the Marine Park, Brooklyn neighborhood. Robbins was born to a Jewish family. His father is the actor Floyd Levine. When he was 16, he moved with his family to Los Angeles. He graduated from Grant High School (Los Angeles), Grant High School in 1982. Career Following his father into acting, Robbins made his te ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Los Angeles Times
The ''Los Angeles Times'' is an American daily newspaper that began publishing in Los Angeles, California, in 1881. Based in the Greater Los Angeles city of El Segundo since 2018, it is the sixth-largest newspaper in the U.S. and the largest in the Western United States with a print circulation of 118,760. It has 500,000 online subscribers, the fifth-largest among U.S. newspapers. Owned by Patrick Soon-Shiong and published by California Times, the paper has won over 40 Pulitzer Prizes since its founding. In the 19th century, the paper developed a reputation for civic boosterism and opposition to labor unions, the latter of which led to the bombing of its headquarters in 1910. The paper's profile grew substantially in the 1960s under publisher Otis Chandler, who adopted a more national focus. As with other regional newspapers in California and the United States, the paper's readership has declined since 2010. It has also been beset by a series of ownership changes, staff ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sony Pictures Entertainment
Sony Pictures Entertainment Inc. is an American diversified multinational mass media and entertainment studio conglomerate that produces, acquires, and distributes filmed entertainment (theatrical motion pictures, television programs, and recorded videos) through multiple platforms. Through an intermediate holding company called Sony Film Holding Inc., it is operated as a subsidiary of Sony Entertainment Inc., which is itself a subsidiary of the Japanese holding conglomerate Sony Group Corporation.Sony Pictures Entertainment Inc. is a wholly owned fifth-tier subsidiary of Sony Corporation. It is directly owned by Sony Film Holding Inc., a subsidiary of Sony Entertainment Inc., a subsidiary of Sony Group Corporation.FY2015 Securities Report(in Japanese), Sony Corporation) Based at the Sony Pictures Studios lot in Culver City, California, as one of the "Big Five" major American film studios, it encompasses Sony's motion picture, television production and distribution units ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CNBC
CNBC is an American List of business news channels, business news channel owned by the NBCUniversal News Group, a unit of Comcast's NBCUniversal. The network broadcasts live business news and analysis programming during the morning, Daytime television in the United States, daytime trading day, and early-evening hours, with the remaining hours (such as weekday prime time and weekends) are filled by business-related Television documentary, documentaries and reality television programming, as well as occasional NBC Sports presentations. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and podcast content, as well as subscription-based services. CNBC's headquarters and main studios are located in Englewood Cliffs, New Jersey, while it also maintains a studio at the Nasdaq MarketSite in Times Square, New York City. CNBC was originally founded in April 1989 as the Consumer News and Business Channel, a joint venture between NBC ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deadline Hollywood
''Deadline Hollywood'', commonly known as ''Deadline'' and also referred to as ''Deadline.com'', is an online news site founded as the news blog ''Deadline Hollywood Daily'' by Nikki Finke in 2006. It is updated several times a day, with entertainment industry news as its focus. It has been a brand of Penske Media Corporation since 2009. History ''Deadline'' was founded by Nikki Finke, who began writing an '' LA Weekly'' column series called ''Deadline Hollywood'' in June 2002. She began the ''Deadline Hollywood Daily'' (DHD) blog in March 2006 as an online version of her column. She officially launched it as an entertainment trade website in 2006. The site became one of Hollywood's most followed websites by 2009. In 2009, Finke sold ''Deadline'' to Penske Media Corporation (then Mail.com Media) for a low-seven-figure sum. She was also given a five-year-plus employment contract reported by the ''Los Angeles Times The ''Los Angeles Times'' is an American Newspaper# ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fox Business
Fox Business (officially known as Fox Business Network, or FBN) is an American conservative business news channel and website publication owned by the Fox News Media division of Fox Corporation. The channel broadcasts primarily from studios at 1211 Avenue of the Americas in Midtown Manhattan. Launched on October 15, 2007, the network features trading day coverage and a nightly lineup of opinion-based talk shows. Day-to-day operations are run by Kevin Magee, executive vice president of Fox News; Neil Cavuto was the vice president and managing editor for the network and business news operation overall. As of February 2015, Fox Business Network is available to approximately 74,224,000 pay television households (63.8% of households with television) in the United States. History News Corporation chairman Rupert Murdoch confirmed the launch at his keynote address at the 2007 McGraw-Hill Media Summit on February 8, 2007. Murdoch had publicly stated that if News Corporation's pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David Zaslav
David Zaslav (born January 15, 1960) is an American media executive who is the current CEO and president of Warner Bros. Discovery (WBD). Zaslav became CEO and president of Discovery, Inc. in 2006, and oversaw the company as it went public in 2008 and then merged with WarnerMedia in April 2022. Prior to Discovery, Zaslav worked at NBCUniversal where he helped develop and launch the cable channels CNBC and MSNBC. Early life David Zaslav was born into a Jewish family in New York City's Brooklyn borough on January 15, 1960. His family was part of the diaspora from Poland and Ukraine. At the age of eight, he moved with his family to Ramapo, New York, where he graduated from Ramapo High School. He earned a B.S. from Binghamton University, then graduated with honors from the Boston University School of Law with a J.D. in 1985. He started his career as an attorney with LeBoeuf, Lamb, Lieby and MacRae in New York. Career NBCUniversal Zaslav joined NBC in 1989. As presiden ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bob Bakish
Robert Marc Bakish ( ; born December 14, 1963) is an American business executive. He became the president and CEO of Paramount Global on December 4, 2019, formerly holding the same position at Viacom (2005–2019), Viacom before the 2019 merger of CBS and Viacom, merger with CBS Corporation. He resigned on April 29, 2024 when Paramount was considering a major merger after a poor performance in the stock market. Early life and education A native of New Jersey, Bakish attended Dwight-Englewood School in Englewood, New Jersey, graduating in 1981."Robert M. Bakish: Dwight-Englewood School 1981 – Honored 2011" Dwight-Englewood School. Retrieved September 12, 2018. He received a Bachelor of Science in operations research in 1985 from Columbia University's Fu Foundation S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
