Paramount Skydance CEO David Ellison dismissed merger speculation, saying "there's no must-haves for us" as he prioritizes rebuilding the company internally despite a tough earnings quarter.
Multinational media and entertainment corporation Paramount (NASDAQ:PARA)
will be reporting results this Monday after the bell. Here’s what you need to know.
As Hollywood undergoes major consolidation, Kartoon Studios, Inc. (NYSE: TOON) is emerging as one of the industry’s most agile growth stories. While major players like Warner Bros. Discovery (NASDAQ: WBD), Paramount Skydance Corporation (NASDAQ: PSKY ), Netflix (NASDAQ: NFLX) , and Comcast (NASDAQ: CMCSA) navigate mergers and restructuring, Kartoon Studios is expanding rapidly with new funding, leadership, and creative power.
YouTube TV pushed back against Disney's request to restore ABC for Election Day, arguing that most subscribers skipped the network during the last two U.S. elections and calling Disney's proposal confusing for viewers.
President Donald Trump appeared on "60 Minutes" for the first time since suing the news program over a year ago. Not all the content made the interview that aired on CBS Sunday.
Netflix is reportedly working with Moelis & Company to explore a potential acquisition of Warner Bros. Discovery's studio and streaming assets, while making clear it has no interest in the company's traditional cable networks.
According to a report by The New York Times, CEO David Ellison said that the layoffs are focused on eliminating redundant jobs or positions that no longer fit in with Paramount’s evolving priorities.
Mid-cap stocks have the best odds of scaling into $100 billion corporations thanks to their tested business models and large addressable markets.
But the many opportunities in front of them attract significant competition, spanning from industry behemoths with seemingly infinite resources to small, nimble players with chips on their shoulders.
The Trump administration has a preference for who will own Warner Bros. Discovery. Will a close relationship with the president help one company beat other bidders?
Disney and Google are in a standoff over YouTube TV carriage fees that could leave millions of subscribers without access to Disney-owned networks like ABC and ESPN if a new deal isn't reached.
Warner Bros. Discovery is open to selling its media empire, with Netflix interested. WBD's CEO is seeking a deal that could lead to a huge gain in shares.
