Tag: Mergers

Paramount Global is restructuring its distribution teams ahead of its 2025 merger with Skydance Media, integrating streaming and TV networks distribution. The move includes layoffs and follows broader cost-cutting efforts to save $500 million annually. Key executive Jeff Shultz will…

Omnicom Group is in advanced talks to acquire rival Interpublic Group in an all-stock deal valued between $13 billion and $14 billion, potentially reshaping the advertising industry. The merger would bolster Omnicom's position among top holding companies while addressing challenges…

Kirby chops it up with The Streaming Madman, exploring his picks for the worst mergers of all time and examining the turbulent world of media consolidations. Kicking off with the rumored Warner Bros. Discovery and Paramount merger, ultimately abandoned by…

Business Insider explores how David Zaslav of Warner Bros. Discovery pursued a merger with Paramount throughout 2024 but never made a formal cash offer, a key condition for Paramount's Shari Redstone. With no proposal from WBD, Paramount opted for a…

DirecTV and Dish Network are merging in a $10 billion deal, creating the largest pay-TV provider in the U.S. DirecTV will acquire Dish's satellite business and Sling TV, with the transaction involving a $9.75 billion debt exchange. The merger aims…

Disney's early streaming profitability highlights the struggles of Warner Bros. Discovery (WBD) and Paramount Global. WBD's Max gained 3.6 million subscribers but lost $107 million last quarter, while Paramount posted a modest $26 million streaming profit. Both companies are heavily…

Jason Kilar, former WarnerMedia CEO, proposes a "Spotify for Hollywood" model where studios contribute content to a single platform, earning 70% of the revenue. This concept could replace current streaming bundles, such as Comcast's Peacock, Netflix, and Apple TV+ package.…

Paramount Global's failed merger deal with Skydance, halted abruptly by Shari Redstone, has caused significant turmoil, including a plunge in Paramount's stock price. Despite this setback and the ensuing chaos, potential buyers like Sony, Apollo, Edgar Bronfman Jr., Steven Paul,…