Paramount and Skydance agree to terms of a merger deal
Paramount and Skydance have agreed to terms of a merger, CNBC's David Faber reported Monday. A deal could be announced in the coming days, he said.
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Paramount and Skydance have agreed to terms of a merger, CNBC's David Faber reported Monday. A deal could be announced in the coming days, he said.
Paramount Global is hiking the price of its flagship streaming service as the company looks to turn around its business.
National Amusements stopped merger discussions between Paramount Global and Skydance this week — throwing into question what's next for the legacy media giant during a tumultuous period for the industry.
Warner Bros. Discovery reported first-quarter results on Thursday, missing analyst expectations on both the top and bottom lines despite strength in its streaming unit.
Disney reports its fiscal second-quarter earnings before the bell Tuesday, and analysts will be paying attention to the company's streaming subscriber growth and outlook, as well as visitation numbers at its theme parks.
Paramount Global CEO Bob Bakish is stepping down, the company announced Monday, as merger negotiations with Skydance Media continue.