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#nationalamusements — Public Fediverse posts

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  1. #NewParamount #Skydance #NationalAmusements #Paramount
    It's done ...

    Paramount agrees to sweetened Skydance merger deal - The Verge

    "Skydance Media will invest $8 billion into Paramount Global after purchasing its parent company National Amusements. The deal should be completed in the first half of 2025."
    theverge.com/2024/7/8/24194043

  2. The collapse of #Paramount's merger talks with #Skydance puts #ShariRedstone in the spotlight, with reports suggesting she may now pursue an outright sale of parent company #NationalAmusements.

    gadgetbond.com/paramount-skyda

  3. Billions bandied about as suitors look at buying distressed #Paramount assets from Shari Redstone. Sony has made a $26 B offer that also includes assuming responsibility for $14.6 Billion in corporate #debt that the #CBS TV network operator has on the books. Other than #Streaming pioneer #Netflix, #WallSt enthusiasm for players such as #Comcast and WB Discovery have weakened as content aggregator earnings have softened in the post pandemic and cord cutting era.

    wsj.com/business/deals/sony-ap #GiftLink #PaywallLift #WSJ #EntertainmentIndustry #CBS #NationalAmusements

  4. Despite supposed booming economy, #Paramount , owners of #CBS TV, who reported having more than 24,000 employees in 2022, are reportedly laying off approx 800 workers.

    #Oracle honcho Larry Ellison's son has been in meetings attempting to buy out #NationalAmusements from the #Redstone family that controls #Paramount and take the whole company private. WB Discovery also looked at merger options with the company once known as #Viacom.

    deadline.com/2024/02/paramount

  5. #CBS, #Paramount owner #NationalAmusements says it was #hacked | TechCrunch

    National Amusements, the cinema chain and corporate parent giant of media giants Paramount and CBS, has confirmed it experienced a data breach in which #hackers stole the personal information of tens of thousands of people.
    #privacy #breach

    techcrunch.com/2023/12/26/cbs-

  6. Am Anfang stand eine bescheidene Autokino-Kette. Am Ende schluckte sein Unternehmen auch den nationalen TV-Sender CBS. Sumner Redstones Leben war skandalträchtig – am Ende musste er zum Abdanken gezwungen werden.
    Medienmogul Sumner Redstone ist tot | DW | 12.08.2020
    #USA #Medien #SumnerRedstone #Fernsehen #NationalAmusements #CBS #Machtkampf
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