Walmart adds Burger King benefit for Walmart+ members
A Burger King Whopper hamburger is displayed in San Anselmo, California, on April 5, 2022. Justin Sullivan | Getty Images Walmart members are in for a whopper of a deal. …
Paramount Global
5 things to know before the stock market opens Thursday
Here are the most important news items that investors need to start their trading day: 1. Rate rally After a selloff prompted by fears about the economy earlier this month, …
Paramount-Skydance ‘go shop’ period extended to review Bronfman offer
Edgar Bronfman, Jr. Cameron Costa | CNBC The future of Paramount Global is still uncertain. Paramount’s special committee on Wednesday said it would extend by 15 days an agreed-upon “go …
Edgar Bronfman Jr. Ups Paramount Bid to $6 Billion, Board Extends Deal Talk
Paramount Global‘s board has extended the go-shop window under its Skydance Media deal for 15 days as it engages with an investor group led by Edgar Bronfman Jr., which on …
Edgar Bronfman Jr. Makes $4.3 Billion Bid for Paramount Global
The book isn’t closed yet on Paramount Global‘s months-long M&A epic. On Monday (Aug. 19), billionaire media mogul Edgar Bronfman Jr. submitted an offer valued at $4.3 billion to acquire …
Byron Allen draws ABC, CBS and NBC ire with late payments
Byron Allen, founder, chairman, and CEO of Entertainment Studios and Allen Media Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Patrick T. …
Streaming is getting more expensive for consumers. Here’s why
Jaque Silva | SOPA Images | Lightrocket | Getty Images Streaming is finally starting to pay off for media companies, but there’s a catch — to get there, consumers are …
NBC NBA media rights key for Peacock streaming growth
The NBA logo is seen outside an NBA fan store in New York on July 8, 2024. Angela Weiss | AFP | Getty Images Executives at Comcast‘s NBC Sports targeted …
Philippe Laffont’s Coatue entered into Paramount Global amid weakness
Philippe Laffont’s Coatue built a position at Paramount Global amid tumultuous times for the storied media company. The technology-focused investor opened a stake of more than 3 million shares in …
With media in upheaval, Netflix stays out of the fray
A couple sits in front of a television with the Netflix logo on it. Picture Alliance | Picture Alliance | Getty Images Netflix’s second-quarter earnings report contained no bombshells, and …