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Jason Miller / Getty Images

 Key TakeawaysSome of the biggest streaming companies like Netflix and Amazon are placing big bets on live sports.Amazon is reportedly on the verge of spending...

Why Streaming Giants Are Betting Big on Live Sports

If Sony Pictures Entertainment and Apollo Global Management acquire Paramount Global, they have their sights set on big changes at the entertainment behemoth namely, making it smaller.Read more...

Sony and Apollo's plan for Paramount Global includes reducing it to parts

News of the day for May 9, 2024

 Yuki Iwamura / Bloomberg via Getty Images

Warner Bros. Discovery (WBD) stock is slipping after first-quarter results, hours after it and Disney (DIS) announced...

5 Things to Know Before the Stock Market Opens

Paramount Global is currently in talks to share its financial information with Sony and Apollo, who are both interested in acquiring the U.S. media company.
read more...

Sony, Apollo Said To Be In Talks To Access Struggling Paramount's Financials To Pave Way For Potential $26B Acquisition

Bloomberg / Contributor / Getty Images

 Key TakeawaysU.S. equities gained at midday Monday, May 6, 2024, amid optimism about potential Federal Reserve interest rate cuts.Paramount Global shares...

Top Stock Movers Now: Paramount Global, Micron Technology, Tyson Foods, and More

Berkshire Hathaway Chairman and CEO Warren Buffett (BRK-A, BRK-B) spoke at the company's annual shareholders meeting on Saturday, May 4, in Omaha, Nebraska, The list of topics the "Oracle of Omaha...

What investors can learn from Warren Buffett's latest remarks

News of the day for May 6, 2024

 Sean Gallup / Getty Images

Apple (AAPL) shares are in focus after news that Berkshire Hathaway (BRK.A), (BRK.B) slashed its stake in the tech giant, while...

Today, IHOP announced the introduction of its new menu inspired by the new movie IF, only in theatres May 17. The menu includes limited time offers full of colorfully delicious food and beverage...

IHOP Brings Imagination to Life With the Launch of the New Menu Inspired by Paramount Pictures New Movie IF

After letting exclusive merger talks with Skydance Media lapse on Friday, Paramount Global is reportedly in formal talks with Sony Pictures Entertainment and Apollo Global Management for a takeover...

Paramount is reportedly in formal takeover talks with Sony and Apollo

Even Berkshire Hathaway CEO Warren Buffett, known as the Oracle of Omaha, can't actually see into the future. And when it came to the conglomerate's stake in Paramount Global, that cost Berkshire...

Warren Buffett lost 'quite a bit of money' selling Berkshire Hathaway's stake in Paramount

Paramount Global operates as a mass media company, which creates and distributes content across a variety of platforms to audiences around the world. It operates its business through the following segments: Entertainment, Cable Networks, Publishing, and Local Media. The Entertainment segment is composed of the CBS Television Network, CBS Television Studios, CBS Studios International, CBS Television Distribution, CBS Interactive, and CBS Films, as well as the company's digital streaming services, CBS All Access and CBSN. The Cable Networks segment includes Showtime Networks, CBS Sports Network, and Smithsonian Networks. The Publishing segment manages Simon & Schuster's consumer book publishing business with imprints such as Simon & Schuster, Pocket Books, Scribner, and Atria Books. The Local Media segment handles CBS Television Stations and CBS Local Digital Media, with revenues generated primarily from advertising sales and retransmission fees. The company was founded by Sumner Murray Redstone in 1986 and is headquartered in New York, NY.

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PARA Paramount Global

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