News
PARA
11.74
+0.34%
0.04
PRESS DIGEST-Canada - March 28
RCMP is specifically investigating concerns tied to the federal government's ArriveCan app. Simon & Schuster has hired Penguin Canada publisher Nicole Winstanley to run its Canadian operations. Royal Bank of Canada's Andre-Philippe Hardy rejoins TD as head of Canadian research.
Reuters · 20h ago
One Paramount Global Insider Raised Stake By 59% In Previous Year
Paramount Global's (NASDAQ:PARA) insider transactions over the last year have been positive. The only individual insider to buy in the last 12 months was Shari Redstone. The biggest insider purchase was for US$2.5m worth of shares at a price of US$15.06 each. Paramount Global owns 0.3% of Paramount Global shares. It's encouraging to see that insiders have bought up shares in the company. But Paramount Global is not the best stock to buy at the moment.
Simply Wall St · 2d ago
UPDATE 2-Bertelsmann cuts 2026 outlook as it slims down business
Bertelsmann cuts 2026 outlook as it slims down business. German media group targets revenue of around 21 billion euros and operating EBITDA of around 3.4 billion euros by that point. Last year Bertelsmann said it aimed to increase revenues to 24 billion euros. CEO attributed updated forecast to sale of staff outsourcing company Majorel.
Reuters · 3d ago
RPT-BREAKINGVIEWS-Unbundling Paramount is better for almost everyone
Paramount Global has received an $11 billion bid from Apollo Global Management for its film and TV studios. Jennifer Saba says Paramount is in trouble. Its traditional cable business has been undermined by Netflix. She says controlling shareholder Shari Redstone is instead eyeing a deal for her stake. Saba: Unbundling Paramount is better for almost everyone.
Reuters · 3d ago
Weekly Report: what happened at PARA last week (0318-0322)?
Weekly Report · 4d ago
BREAKINGVIEWS-Unbundling Paramount is better for almost everyone
Apollo is offering $11 bln for the media empire's studios. That's a complication for Shari Redstone's push to sell her controlling stake. Other investors are better served by a breakup's cash lifeline. Breakingviews: Unbundling Paramount is better for almost everyone.
Reuters · 6d ago
BUZZ-U.S. STOCKS ON THE MOVE-Advance Auto Parts, Illumina, Reddit
Wall Street's main stock indexes touched record highs on Thursday. The Dow Jones Industrial Average was up 0.77% and the S&P 500 and Nasdaq Composite hit record highs. Chip stocks rallied following Micron Technology's upbeat forecast. Advance Auto Parts, Illumina, Reddit are among the day's top stocks on the NYSE.
Reuters · 03/21 17:48
BUZZ-U.S. STOCKS ON THE MOVE-Advance Auto Parts, Illumina, Toll Brothers
Wall Street's main stock indexes climbed to record highs on Thursday. The Dow Jones Industrial Average was up 0.82% at 39,834.62. Chip stocks rallied following Micron Technology's upbeat forecast. Investors took comfort in the Federal Reserve sticking to its three-rate-cut view for this year.
Reuters · 03/21 15:53
BUZZ-Paramount drops on report company not seen selling studio separately
Paramount drops on report company seen selling its film studio separately. Shares of Paramount Global down 5% at $11.89. Apollo Global Management reportedly offered $11 billion for Paramount Global's PARA.O Paramount Pictures. The Redstone family considers the media asset undervalued.
Reuters · 03/21 14:13
Deals of the day-Mergers and acquisitions
U.S. Fund Elliott is in exclusive talks to combine its Italian bad loan business with rival. Private equity firm Apollo Global Management has offered $11 billion for Paramount Pictures. Czech utility CEZ says it will acquire a 55.21% stake in gas distributor GasNet.
Reuters · 03/21 10:07
PRESS DIGEST - Wall Street Journal - March 21
Reddit priced its initial public offering at the high end of its targeted range. Meta Platforms filed legal petitions protesting Apple's app store policies. Elon Musk's Neuralink introduced the first patient to receive its brain-computer implant. Amazon.com is training its attention on emerging e-commerce players.
Reuters · 03/21 05:37
BUZZ-Paramount Global up on Apollo's reported offer for co's Hollywood studio
Paramount Global's PARA.O shares rise 5.8% to $11.85. Private equity firm Apollo Global Management has offered $11 bln for PARA's Hollywood studio, WSJ reports. PARA shares have fallen 25% in the past year.
Reuters · 03/20 18:49
UPDATE 1-Paramount to launch ad-supported streaming plans in Canada and Australia
Paramount to launch ad-supported streaming plans in Canada and Australia. The company will also expand its premium offering through Europe starting with France this month. The plan will be rolled out in Canada in April and in Australia in June. Paramount Global will launch an ad- supported subscription plan in Canada.
Reuters · 03/19 13:33
Paramount to expand premium streaming services across Europe
Reuters · 03/19 13:13
Weekly Report: what happened at PARA last week (0311-0315)?
Weekly Report · 03/18 09:01
Deals of the day-Mergers and acquisitions
Private equity firm KKR has launched a takeover offer for German electricity and energy producer Encavis. AstraZeneca said it would acquire endocrine diseases-focused firm Amolyt Pharma for $1.05 billion in cash. Elbe Bidco has also launched takeover bid for the company.
Reuters · 03/14 11:58
1 Ridiculously Cheap Warren Buffett Stock Down 89% to Buy Now and Hold Forever
Investing in Warren Buffett's Berkshire Hathaway portfolio is a good way to make money in the long run. The company's shares are worth more than $400 billion. The stock market is down 2.7% in the past year. The market is up 1.8% since the start of the year.
The Motley Fool · 03/14 09:34
India's Reliance to buy Paramount's stake in Viacom 18
India's Reliance to buy Paramount's stake in Viacom 18 Media for about $517 million. U.S. Company to buy entire 13.01% stake in local entertainment Viacm 18 Media. Reliance Industries to buy the stake for about 42.86 billion Indian rupees.
Reuters · 03/13 20:56
You Won't Believe This Incredible Stat About the NFL's TV Deal
Paramount Global owes the NFL $21 billion over the next 10 years. The company is in trouble if cord-cutting continues and its streaming services continue to burn cash. The NFL's value is only $20 billion, compared to Paramount's entire value of the company.
The Motley Fool · 03/13 10:15
BUZZ-U.S. STOCKS ON THE MOVE-Acelyrin, Endeavour Silver, B2Gold
Wall Street's main stock indexes slipped on Monday. The Dow Jones Industrial Average was up 0.05% and the S&P 500 was down 0.16%. Investors are awaiting key inflation data this week. Acelyrin, Endeavour Silver, B2Gold rise.
Reuters · 03/11 18:18
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About PARA
Paramount Global is a media, streaming and entertainment company. The Company has three segments. TV Media segment consists of its broadcast operations: CBS Television Network, CBS Stations and its international free-to-air networks; domestic premium and basic cable networks, including Paramount+ with Showtime, MTV, Comedy Central, Paramount Network, The Smithsonian Channel, Nickelodeon, BET Media Group, CBS Sports Network and international extensions of certain of these brands, and domestic and international television studio operations. Direct-to-Consumer segment includes its portfolio of domestic and international pay and free streaming services, including Paramount+, Pluto TV, BET+ and Noggin. Filmed Entertainment segment consists of Paramount Pictures, Paramount Players, Paramount Animation, Nickelodeon Studio, Awesomeness and Miramax. Filmed Entertainment segment consists of Paramount Pictures, Paramount Players, Paramount Animation, Nickelodeon Studio, Awesomeness and Miramax.