Bronfman also would contribute $1.5 billion to Paramount's balance sheet, which could be used to pay down debt, the person said. The bid adds $400 million to cover a breakup fee to end a rival deal.
Paramount Global's advertising group conducted layoffs as part of the media conglomerate's efforts to slash $500 million in annual costs ...
Paramount Advertising ... as David Ellison’s Skydance Media is set to merge with the studio in the first half of 2025 after ...