Paramount will also look to divest some of its assets, co-CEOs Brian Robbins, George Cheeks and Chris McCarthy said in the memo. In June, Paramount said it ...
- Paramount Global will continue reducing the size of its workforce until its merger with Skydance Media closes, the company's co-CEOs said in a memo seen by Reuters on Sunday, hours after the companies announced the deal.
In June, Paramount said it would focus on its new plan to transform its streaming business, reduce costs and divest some assets to help pay down debt.Shari Redstone, Paramount's non-executive chair, will sell the family's controlling stake in the company in the merger.Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like...
How a New York short-seller took on one of the world's richest people, wiped out $150 billion in market value, and barely made any money BlackRock acquired Preqin for $3.2 billion this week, making Mark O'Hare and his wife billionaires. Now, he's passing some of the wealth to employees.John Deere to lay off roughly 600 employees from three US factories
“I think, a year from now, we have three $4 trillion market cap companies: Nvidia, Apple, Microsoft,” Wedbush tech analyst Dan Ives told Fortune.
Skydance Media George Cheeks Brian Robbins Memo Chris Mccarthy
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