Paramount Global is in the midst of a tumultuous acquisition saga as media heiress seeks to sell, triggering mayhem and uncertainty. Top divisional heads plan to cut over $2 billion in costs if no deal materializes. RedBird and David Ellison are advancing in the race for Paramount. Anxiety prevails as Paramount Global prepares to unveil a new leadership structure amidst M&A war games and succession-style drama. Redstones and Ellison aim to appease angry investors as Paramount faces a make-or-break week with potential CEO replacement and earnings announcement looming.
More on the craziness going down at @paramountco now w @LizClaman on @FoxBusiness $PARA
I do kind of love what a mess media is - today alone Paramount is in the middle of merger talks, going to replace the CEO and announce earnings!
Skydance's exclusive window ends. A Charter carriage deal ends. Upfront advertising meetings begin. And uh, maybe a new executive team? It's a make or break week for Paramount, and the stakes are high. https://t.co/Ad2v5Mg1V7
A Media Heiress’s Bid to Sell Sets Off Mayhem Inside Paramount Just an amazing tale, full of #scoops, by the great @jtoonkel https://t.co/EmciEexTpH
LISTEN NOW: We discuss the latest turmoil at Paramount. Listen and follow the @moneymoverscnbc podcast here: https://t.co/gphQTkkz5U https://t.co/ewoAFCK3Y3
I’m about to go live on @FoxBusiness. Tune in now!
Going live on @YahooFinance to discuss the Succession-esque drama at Paramount — live stream here: https://t.co/0JvQlly1Vg
What is going on with Paramount Global? It’s M&A war games, Succession style! https://t.co/reKYJCbR4n
$PARA (+5.2% pre) Redstones, Ellison Seek to Appease Angry Paramount Investors - BBG https://t.co/OT6OnXTyiU
MyPOV: See you on @SquawkCNBC @cnbc ~7:50 am ET Talking #magnificient7 of course #BigTech @apple @amazon https://t.co/hAcea5mm5l
We are LIVE at 9AM with @JanetOnTheMoney! GUESTS: - @PDaCosta - @RyanDetrick - @HowardLindzon 🔊Tune in on @SXMBusiness 🔊 https://t.co/pmKGny2HMG
It’s M&A end game time at Paramount Global … I’ll be discussing live on @SquawkCNBC in about 8 minutes
Paramount Global Set to Unveil New Leadership Structure; Anxiety Runs High on Earnings Eve https://t.co/wpKS6RxvrH
Excellent coverage of the weird Paramount Global acquisition saga by @jtoonkel $PARA $PARAA https://t.co/HARlWoFLHk via @WSJ
“.. Paramount has begun planning for what would happen if no deal materializes. In recent days, top Paramount divisional heads presented a plan to cut more than $2 billion in costs ..” @WSJ @jtoonkel $PARA https://t.co/MHenEbt9HB https://t.co/kabd6B9iHQ
David Ellison, RedBird Pull Ahead in Race for Paramount - Puck The latest insanity coming out of Times Square https://t.co/AKLV6ZAZqs
A Media Heiress’s Bid to Sell Sets Off Mayhem Inside Paramount — from @jtoonkel https://t.co/uWteHQKPyj