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The Latest Breaking News from Paramount

'Star Trek' legend Jonathan Frakes to direct new series, 'Arthur C. Clarke's Venus Prime'

Jonathan Frakes will direct a new miniseries adaptation of the "Arthur C. Clarke's Venus Prime" novels.

Space

Ryan Reynolds And Cailey Fleming Star In Upcoming Movie IF

Discover the heartwarming tale of 'IF' on Paramount+, exploring the power of imagination and childhood wonder. Join the community for more updates and disc...

Top News

Who is David Ellison? Heir to the Oracle fortune celebrates clinching $28B Paramount deal

Oracle founder Larry Ellison’s son, David Ellison, announced he reached terms to acquire a controlling stake in Paramount.

Fortune

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David Ellison Spells Out Goals for ‘New Paramount’

Plan is to create a media-technology hybrid and cut costs by $2 billion

Multichannel News

Skydance, Paramount to Merge in $8B Deal

Merged venture, named ‘New Paramount’ will be led by David Ellison as Chairman/CEO and Jeff Shell as President

TV Tech

Star Trek fans react as ‘most despised character’ returns for spin-off series

Opinion on the classic character has changed in the last three decades

The Independent UK

Paramount+ Just Quietly Added The Most Secretly Influential Sci-Fi Movie Franchise of All Time

Every single Star Trek movie is streaming on Paramount+. Here's why it's a good time watch the whole movie franchise.

Inverse

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It's Official: Skydance Media And Paramount Global Announce Merger In Groundbreaking Deal

Shari Redstone, Paramount's non-executive chair, will relinquish the family's controlling stake through a complex transaction that will lead to the merger.

International Business Times

Stocks Set for Muted Open as Investors Await U.S. Inflation Data and Big Bank Earnings, Powell’s Testimony on Tap

September S&P 500 E-Mini futures (ESU24) are down -0.06%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.05% this morning as investors looked ahead to the release of U.S. inflation data, Federal Reserve Chair Jerome Powell’s congressional testimony, and the start of the second-quarter earnings season later in the…

Barchart

Hollywood studio Paramount agrees $28bn merger with Skydance

End to Redstone family’s involvement in media group, which also owns CBS, Nickelodeon and the UK’s Channel 5

The Guardian - UK

Entertainment giant Paramount agrees to a merger with Skydance

Entertainment giant Paramount, which owns CBS and was behind blockbuster films such as “Top Gun” and “The Godfather” has agreed to merge with Skydance

The Independent UK

Stocks Set to Open Lower as Investors Await U.S. Inflation Data and Big Bank Earnings, Powell’s Testimony on Tap

Barchart

Paramount Global Agrees to Merge with David Ellison’s Skydance, Jeff Shell Named President

Complex deal is valued at around $8 billion and will take control over Par out of Redstone hands for the first time since 1987

Multichannel News

Why That Peacock-Paramount Plus Rollup Seems Inevitable

Also in this week's 'Next Text,' we poke 'The Bear' to see if it's been vastly overrated, we ponder YouTube's lofty valuation ... and we review a shifty review from a certain Hollywood trade

Broadcasting & Cable

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The Times of India

'Despicable Me 4' tops US box office with $122.6 million debut; 'Kalki 2898 AD' takes 8th spot with $1.8 million collection

After a historically bad first half of the year, the box office is suddenly booming, with some help from the Minions.

The Independent UK

‘Despicable Me 4’ debuts with $122.6M as boom times return to the box office

After a historically bad first half of the year, the box office is suddenly booming

Creative Bloq

Pro animation advice from the team behind Paramount Pictures' Knuckles

Outpost's animation supervisors, Oliver Dale and Peta Bayley, as well as creature supervisor Dan Zelcs share their insights.

The Independent UK

A Quiet Place: Day One viewers left baffled by decision about film’s future

It might have just dented film’s box office chances

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iMore

Apple TV+ is now more popular than Paramount+

Apple TV+ continues to slowly but surely climb the streaming ladder — this time overtaking Paramount+.

Kiplinger

Stock Market Today: S&P 500, Nasdaq End at Record Highs Ahead of July 4th

Wednesday's abbreviated session was jam-packed with news, including labor market updates and Southwest Airlines' "poison pill."

TechRadar

Paramount and Skydance have officially merged – here's what that means for Paramount Plus

A billion dollar deal to merge Paramount Global with Skydance Media has been reached – here's what that means for its streaming services.

TV Tech

Reports: David Ellison Nears New Deal for Paramount

Ellison’s Skydance Media would pay $1.75B for Paramount’s holding company National Amusements

International Business Times

National Amusements Strikes Preliminary Deal To Sell Paramount Stake To Skydance Media

The proposed new deal, valued at $1.75 billion, involves Skydance acquiring National Amusements' 77% voting shares in Paramount.

Broadcasting & Cable

David Ellison Forges New Agreement To Buy Paramount Holding Company National Amusements

Two sides also reportedly agree to 45-day period during which NAI and the Redstone family can shop for better offers

The Independent UK

Executive who launched Fox and green-lit ‘The Simpsons’ explores bid to take over Paramount

Media billionaire Barry Diller once ran Paramount Pictures

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