Business
optional screen reader
Tyler Perry, John Krasinski, Mark Wahlberg and More React to Paramount-Skydance Deal: “I’m Thrilled”
-
Business
Sony Pictures Promotes Louise Heseltine to Senior VP of Corporate Communications
Heseltine, who joined the studio's Motion Picture Group in 2020, worked on recent hit 'Bad Boys: Ride or Die.'
-
Business
The American Pavilion Worldwide Student Program Expands to Australia
The AmPav SXSW-Sydney student program will take place Oct. 13-21.
-
Business
ABC News Names Rick Klein as Washington Bureau Chief
The political news veteran has been a member of the network's team in Washington D.C. since 2007.
Latest Business
Jeff Shell and David Ellison Dish on Paramount Plans: It’ll Be “Creator-Friendly Again”
Late Sunday night, after the consortium led by David Ellison’s Skydance sealed the deal to ultimately gain control of Paramount Global, Ellison spoke with Shari Redstone, who controlled the company through her family’s National Amusements and ultimately made the call to sell the family business. Redstone “was incredibly gracious and kind,” Ellison recalls. The Skydance […]
- By
Skydance-Paramount Deal: How Wall Street Views the Details So Far
After months of back-and-forth, Shari Redstone has finally agreed to sell control of Paramount Global to a consortium led by Skydance Media, led by David Ellison, and RedBird Capital. Hours after an investors presentation, Wall Street analysts on Monday shared their latest takes on what Skydance’s acquisition of Redstone’s majority stake in National Amusements (which in turn controls Paramount) […]
- By
AMC Theatres Says July 4 Holiday Box Office Drew 4.2M Moviegoers
Backed by animated tentpoles like Despicable Me 4 and Inside Out 2, AMC Theatres reported a festive July 4 holiday. The return of Gru and his Minions ruled the Fourth of July box office for the Universal and Illumination release with an estimated five-day domestic opening of $122.6 million from 4,428 theaters. The result had […]
- By
Movie Theater Owners to “Look Closely” at New Paramount-Skydance Deal Terms
The National Association of Theatre Owners, representing major movie exhibitors, is combing over the deal points for the proposed Paramount Global and Skydance Media merger for signs the Top Gun studio will continue its commitment to theatrical movies amid stiff streaming competition. “Our guiding principle in this analysis will be whether this transaction will […]
- By
How Paramount’s First Big Sale Spurred a New Hollywood Era in 1966
When Paramount Pictures was finally absorbed by a conglomerate in 1966, it had been a long-running Hollywood powerhouse that was now contending with a new set of challenges. Perfectly described by historian Robert Sklar as “the house Adolph Zukor built,” Paramount was one of the first major studios. As its leader, Zukor set in motion both industrial vertical integration […]
- By
Skydance Team Would “Be Supportive Of” Paramount Selling Off Some Assets
As Skydance and Paramount chart out their strategy as a merged company, its new leaders say they would still be open to selling assets. On a call with investors Monday morning, after the announcement of a deal that will see Skydance acquire Shari Redstone’s National Amusements and gain control of Paramount, former NBCUniversal CEO Jeff […]
- By
David Ellison and Jeff Shell Say Paramount Can Be “Winner” in Streaming, Plan $2B in Cost Savings
The incoming owners of Paramount Global laid out their vision for the company — and why the deal is a good one for investors — in a call with Wall Street analysts early Monday morning. Skydance CEO David Ellison, former NBCUniversal CEO Jeff Shell (who would be Paramount’s president when the deal closes) and Paramount’s […]
- By
It’s Official: Skydance Wins the Battle for Paramount Global
In a landmark deal that will shake up the entertainment landscape, Shari Redstone has agreed to sell control of Paramount Global to a consortium led by Skydance, the production company helmed by David Ellison, and Gerry Cardinale’s RedBird Capital. The sale, assuming it is approved by regulators and completed (and assuming a better bid does […]
- By
Rob Reiner Calls on Joe Biden to Step Down: “It’s Time to Stop F***ing Around”
Rob Reiner has joined the list of prominent Democrats calling on President Joe Biden to exit the race. On Sunday, the actor-director posted on X (formerly Twitter): “It’s time to stop fucking around. If the Convicted Felon wins, we lose our Democracy. Joe Biden has effectively served US with honor, decency, and dignity. It’s time […]
- By
New Paramount-Skydance Deal Nears Finish Line As Board Special Committee Signs Off
A consortium led by David Ellison’s Skydance is nearing the finish line on its new deal to acquire Paramount Global. According to sources, Paramount’s special committee has signed off on the refreshed deal from Skydance, RedBird Capital and other investors. A month ago, of course, Skydance was close to sealing the deal, but Shari Redstone […]
- By
Listeners Love These Wondery History Podcasts
This story was created in paid partnership with Wondery. The reviews are in, and according to one listener, they “can’t stop listening” to Wondery podcasts. Fans of the shows love the immersive storylines, unique perspectives, presenters’ banter, and the voice acting, along with the music, sound effects, and all of the research that goes into […]
- By
German Government Pledges 30 Percent Tax Rebate in 2025 Budget
The German government has pledged to add a plan for a new tax incentive program to its 2025 budget aimed at attracting more international productions to shoot in the country. The deal, announced Friday, would provide a rebate of up to 30 percent on German production costs for films and high-end series, with funding coming […]
- By