US inches closer to finishing Gaza pier
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Stanislav Svozil scored 3 minutes, 1 second into overtime to give the Monsters a 3-2 victory over host Rochester on April 19. The Monsters (38-24-5-3) have 84 points, two behind Rochester and three behind first-place Syracuse in the AHL North. Cleveland has two games remaining in the regular season, while Rochester and Syracuse each have […]
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Paramount CEO Bob Bakish steps down as merger inches closer
Paramount has removed Bob Bakish as CEO — and it doesn’t have plans to fill the role. The company announced the news as part of its earnings results on Monday, which will leave Paramount reliant on a committee made up of three executives. The new team consists of George Cheeks, the president and CEO of CBS; Chris McCarthy, the president and CEO of Showtime, MTV Entertainment Studios, and Paramount Media Networks; and Brian Robbins, the president and CEO of Paramount Pictures and Nickelodeon. ...
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Paramount and Skydance inch closer to a merger as key hurdle looms
Paramount Global and Skydance Media are making progress on a deal that would merge the media companies and buy out controlling shareholder Shari Redstone. Paramount Global’s special committee and David Ellison’s Skydance Media, backed by private equity firms KKR and RedBird Capital Partners, are narrowing in on how to value Skydance’s assets as part of a merger, as well as how much equity to add to the company as part of a recapitalization, according to people familiar with the matter. The sides...