Tag: RedBird Capital

Paramount Pictures has struck a major slate financing deal with Domain Capital Group, covering at least 30 films, including The Smurfs Movie, The Naked Gun reboot, and The Running Man. The agreement, which could extend to 40 films, expands Domain’s…

Project Rise Partners has submitted a $13.5 billion bid for Paramount Global, surpassing the $8 billion Skydance-RedBird offer backed by Larry Ellison. PRP's proposal offers higher shareholder payouts, $2 billion in financing, and commitments to grow Paramount’s workforce. The group…

EverPass Media and Netflix have partnered to stream Netflix's two NFL Christmas Day games to commercial establishments, while Netflix retains exclusive residential streaming rights. Businesses need an EverPass subscription to access the games featuring the Chiefs vs. Steelers and Ravens…

Shari Redstone will exit the Paramount Global board in 2025 once Skydance Media and RedBird Capital acquire her company, National Amusements Inc., and merge with Paramount. The new entity, temporarily named "New Pluto Global, Inc.," will have an 11-member board…

The NFL is in early talks with Skydance Media and Redbird Capital Partners about a potential sale of NFL Media, including NFL Network. Discussions also involve Paramount Global potentially acquiring the NFL’s stake in Skydance Sports, while Paramount’s merger with…

Jeff Zucker sees opportunities for media companies to create their own sports events and leagues as live sports rights are locked into long-term deals. He highlights the potential of "owned and operated" properties like Netflix's sports events and Redbird's Players…

Larry Ellison’s FCC filing outlines plans to revitalize CBS and its owned stations if his acquisition is approved. The merger, involving Ellison’s companies and RedBird Capital, aims to enhance CBS’s national news, live sports, and local station digital presence. Ellison,…

Paramount Global and Skydance Media are merging in an $8 billion deal to revitalize the studio, expand digital distribution, and cut costs. The merger, announced on July 8, will feature a new logo combining Paramount and Skydance elements. David Ellison…

EverPass Media, a joint venture by the NFL and RedBird Capital, acquired UPshow, allowing its customers to stream NFL Sunday Ticket starting in the 2024 season. This move enhances EverPass's content library and out-of-home viewing experience. The acquisition follows Sunday…

Barry Diller's IAC is interested in making a deal with Shari Redstone’s National Amusements to take control of Paramount Global. This follows a failed June offer by Skydance Media, RedBird Capital, and KKR to merge Skydance with Paramount. Amid these…