Paramount Global controlling shareholder Shari Redstone is open to doing a transformative deal, but market conditions are making it very difficult.
Paramount Global controlling shareholder Shari Redstone is open to doing a transformative deal, but she hasn't been able to figure out the right one yet, sources say.Shari Redstone, president of National Amusements and controlling shareholder of Paramount Global, walks to a morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, July 12, 2023.
"Paramount has a tremendous amount of assets in its content library and they own some pretty powerful sports rights in the form of the NFL contract, Champions League soccer and March Madness," Guggenheim analyst Michael Morris told CNBC last week. "We believe Paramount Global is worth a lot more either as a content arms dealer or as a break-up for sale story," Cahall wrote in a note to clients in May. "Great content, misguided strategy.", will view the collection of assets as a way to bolster their content aspirations, according to people familiar with the matter.
Acquiring Paramount Global would be a relative drop in the bucket for a Big Tech company. Paramount Global's market value was below $8 billion as of Friday. It also has about $16 billion in long-term debt. Beyond regulatory issues, recent history suggests big media mergers haven't worked well for shareholders. Tens of billions of dollars in shareholder value have been lost in recent media mergers, including WarnerMedia and Discovery,
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Paramount's Shari Redstone is open for business, but business may not be open for herParamount Global controlling shareholder Shari Redstone is open to doing a transformative deal, but market conditions are making it very difficult.
続きを読む »
Pet Sematary (2019) Streaming: Watch & Stream Online via Paramount PlusIf you wish to watch Pet Sematary (2019), we have all the details you need. Here's how you can stream the popular horror movie online.
続きを読む »
Paramount Plus Schedule October 23-29: New TV Shows & Movies Being AddedParamount Plus' release schedule for October 23-29 sees the arrival of their new Milli Vanilli documentary, as well as much more new content.
続きを読む »
‘Ink Master’ Season 15 - Everything We Know So FarInk Master will return for its 15th season on Paramount+.
続きを読む »
US auto strike's economic fallout starts to hurt global businessesUS auto strike's economic fallout starts to hurt global businesses
続きを読む »
U.S. stocks fall for 4th straight day as recent rise in Treasury yields pressures global marketsJoseph Adinolfi is a markets reporter at MarketWatch.
続きを読む »