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variety.com

06.05.2024 / 01:23

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Paramount Global to Pursue Simultaneous Talks with Sony/Apollo and Skydance as M&A Drama Drags On

Cynthia Littleton Business Editor Paramount Global goes back to playing the field this week with two suitors still pursuing the company that has been surrounded by a highly public M&A drama for months. And it’s unlikely to end any time soon. The company reached the end of its 30-day exclusive negotiating window with Skydance Media on May 3 without coming to an agreement.

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LVMH CEO Anish Melwani On 22 Montaigne’s Entertainment Goals, the Olympics and Sustainability

Jazz Tangcay Artisans Editor In February, global luxury leader LVMH (Louis Vuitton Moët Hennessy) launched 22 Montaigne Entertainment, signaling its intent to explore film, TV and audio for the brands. At its helm is Anish Melwani, chairman and CEO for North America, who sees a powerful connection between culture and entertainment, more so with the rise of streaming services. Since his appointment in 2016, Melwani has integrated Tiffany & Co.

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manchestereveningnews.co.uk

05.05.2024 / 07:33

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New energy facility with the ability to power 20,000 homes approved

A new energy storage facility with the ability to power 20,000 homes has been approved by Rochdale Council.

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Ports billionaire accused of leaving Scots site to ruin bagged £22m in a year

A billionaire tax exile accused of failing to maintain one of Scotland’s main ferry terminals banked a £22 million dividend from his ports empire last year.

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Tunbridge Wells Forum to become “first venue in the country to introduce grassroots ticket levy”

A post shared by Tunbridge Wells Forum (@twforum)Recently, it was announced Alien Ant Farm and CKY had become the first American band to add a £1 ticket levy to their UK tours.It follows a similar move by Enter Shikari last year; last May, the band shared details of a 2024 run of UK tour dates, where £1 from each ticket sold was donated to the Music Venue Trust.Other companies have launched similar initiatives. Independent ticketing company Skiddle announced in October it would donate 50p of every ticket sold towards saving grassroots music venues, while taxi firm FREENOW pledged to donate £1 from every ride to the cause.Ticketmaster have introduced a Music Venue Trust charity upsell option, enabling fans to make direct contributions to MVT when purchasing tickets.

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manchestereveningnews.co.uk

04.05.2024 / 08:47

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Gary Neville explains why Manchester United should make Erik ten Hag decision

Gary Neville believes Erik ten Hag should be given another season in charge at Manchester United.

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How Jensen Huang Is Leading Tech Innovation and Changing the World

Jazz Tangcay Artisans Editor When Jensen Huang’s software company Nvidia invented the graphic processing unit, it fundamentally changed the world. Huang is set to receive the Gold House A1 honor in business and technology. The GPU was one step ahead of the CPU (computer processing unit) and being one step ahead is how Huang, Nvidia’s president and CEO, has been.

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Paramount Unveils Bob Bakish Exit Terms, Names Chris McCarthy ‘Interim Principal Executive’ For SEC Purposes

Paramount Global says Chris McMarthy is the company’s “interim principal executive officer,” a necessity required by the SEC that apparently does not signal he has more decision-making power among a trio of top executives who stepped up to replace Bob Bakish this week in a new Office of the CEO.

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Formula 1's Daniel Ricciardo & Yuki Tsunoda Unveil Colorful New RB Car for Miami Grand Prix

The Visa Cash App RB F1 Team is bringing a couple of very colorful cars to the Miami Grand Prix this weekend!

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George Cheeks Addresses Paramount Global Shakeup, Company Morale At CBS Schedule Reveal

Three days after he was named to the newly formed Office of the CEO of Paramount Global, George Cheeks, President and CEO of CBS, faced reporters at the unveiling of the broadcast network’s fall 2024 schedule.

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Sony, Apollo Make Formal Overture To Paramount Board To Discuss Potential $26 Billion Deal

Partners Sony and Apollo have formally reached out to Paramount‘s special board committee asking to discuss a potential $26 billion offer, Deadline has learned. It comes as Par’s exclusive negotiating window with David Ellison‘s Skydance is set to expire.

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Sony Pictures, Apollo Offer to Buy Paramount Global for $26 Billion in Cash: Report

Todd Spangler NY Digital Editor In the latest twist in Paramount Global‘s M&A saga, Sony Pictures Entertainment and Apollo Global Management reportedly have made a bid to take Paramount private with an all-cash buyout offer of $26 billion. Sony and private-equity giant Apollo submitted an offer letter Wednesday to Paramount Global, the Wall Street Journal reported Thursday. The report comes as Paramount Global board’s special committee established to consider M&A proposals is evaluating the best and final offer from Skydance Media to merge Paramount and Skydance, while keeping Paramount Global public.

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Ben Schnetzer Joins Lily James Film Inspired by Bumble Founder Whitney Wolfe Herd (EXCLUSIVE)

Katcy Stephan Ben Schnetzer has joined the cast of the upcoming Lily James-led film inspired by the story of Bumble founder and former CEO Whitney Wolfe Herd, from 20th Century Studios and Ethea Entertainment. Schnetzer recently completed the film “The Yellow Tie,” a biopic on the famed Romanian conductor Sergiu Celibidache. He plays the young version of the legendary classical music conductor, with John Malkovich co-starring as the older version.

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Rachel Leviss Clarifies Her Relationship Status Amid New Romance Reports

Rachel Leviss is explaining where things stand.