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#NationalAmusements

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LilMikeSF<p>Billions bandied about as suitors look at buying distressed <a href="https://c.im/tags/Paramount" class="mention hashtag" rel="tag">#<span>Paramount</span></a> assets from Shari Redstone. Sony has made a $26 B offer that also includes assuming responsibility for $14.6 Billion in corporate <a href="https://c.im/tags/debt" class="mention hashtag" rel="tag">#<span>debt</span></a> that the <a href="https://c.im/tags/CBS" class="mention hashtag" rel="tag">#<span>CBS</span></a> TV network operator has on the books. Other than <a href="https://c.im/tags/Streaming" class="mention hashtag" rel="tag">#<span>Streaming</span></a> pioneer <a href="https://c.im/tags/Netflix" class="mention hashtag" rel="tag">#<span>Netflix</span></a>, <a href="https://c.im/tags/WallSt" class="mention hashtag" rel="tag">#<span>WallSt</span></a> enthusiasm for players such as <a href="https://c.im/tags/Comcast" class="mention hashtag" rel="tag">#<span>Comcast</span></a> and WB Discovery have weakened as content aggregator earnings have softened in the post pandemic and cord cutting era.</p><p><a href="https://www.wsj.com/business/deals/sony-apollo-make-26-billion-all-cash-offer-for-paramount-ade26ca4?st=bi7n7prf0icnfde&amp;reflink=desktopwebshare_permalink" target="_blank" rel="nofollow noopener noreferrer" translate="no"><span class="invisible">https://www.</span><span class="ellipsis">wsj.com/business/deals/sony-ap</span><span class="invisible">ollo-make-26-billion-all-cash-offer-for-paramount-ade26ca4?st=bi7n7prf0icnfde&amp;reflink=desktopwebshare_permalink</span></a> <a href="https://c.im/tags/GiftLink" class="mention hashtag" rel="tag">#<span>GiftLink</span></a> <a href="https://c.im/tags/PaywallLift" class="mention hashtag" rel="tag">#<span>PaywallLift</span></a> <a href="https://c.im/tags/WSJ" class="mention hashtag" rel="tag">#<span>WSJ</span></a> <a href="https://c.im/tags/EntertainmentIndustry" class="mention hashtag" rel="tag">#<span>EntertainmentIndustry</span></a> <a href="https://c.im/tags/CBS" class="mention hashtag" rel="tag">#<span>CBS</span></a> <a href="https://c.im/tags/NationalAmusements" class="mention hashtag" rel="tag">#<span>NationalAmusements</span></a></p>
LilMikeSF<p>Despite supposed booming economy, <a href="https://c.im/tags/Paramount" class="mention hashtag" rel="tag">#<span>Paramount</span></a> , owners of <a href="https://c.im/tags/CBS" class="mention hashtag" rel="tag">#<span>CBS</span></a> TV, who reported having more than 24,000 employees in 2022, are reportedly laying off approx 800 workers. </p><p><a href="https://c.im/tags/Oracle" class="mention hashtag" rel="tag">#<span>Oracle</span></a> honcho Larry Ellison&#39;s son has been in meetings attempting to buy out <a href="https://c.im/tags/NationalAmusements" class="mention hashtag" rel="tag">#<span>NationalAmusements</span></a> from the <a href="https://c.im/tags/Redstone" class="mention hashtag" rel="tag">#<span>Redstone</span></a> family that controls <a href="https://c.im/tags/Paramount" class="mention hashtag" rel="tag">#<span>Paramount</span></a> and take the whole company private. WB Discovery also looked at merger options with the company once known as <a href="https://c.im/tags/Viacom" class="mention hashtag" rel="tag">#<span>Viacom</span></a>.</p><p><a href="https://deadline.com/2024/02/paramount-global-layoffs-begin-ceo-bob-bakish-1235824028/" target="_blank" rel="nofollow noopener noreferrer" translate="no"><span class="invisible">https://</span><span class="ellipsis">deadline.com/2024/02/paramount</span><span class="invisible">-global-layoffs-begin-ceo-bob-bakish-1235824028/</span></a></p>
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