Paramount Global Could Close Sale Of Simon & Schuster By Year End, CFO Says; Company “Open Minded” To Broader Media M&A

Australia News News

Paramount Global Could Close Sale Of Simon & Schuster By Year End, CFO Says; Company “Open Minded” To Broader Media M&A
Australia Latest News,Australia Headlines
  • 📰 DEADLINE
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Paramount Global is “deep into the marketing process” for publisher Simon & Schuster and can see a path to closing a deal this year, CFO Naveen Chopra said today, putting the first timeframe on a sale

SkyShowtime Boss Monty Sarhan Says "We Are Sending A Message" On Pricing & Believes There Could Be More Bundling In Future

Asked about broader M&A potential, he said, “it’s probably unwise to bet against consolidation” and Par tries to be “thoughtful” about opportunities. “Whether Paramount is a seller of assets or a consolidator of assets, we’ll have to see. But we remain very open-minded to those possibilities.” However, as witnessed by the scuttled publishing deal, the U.S. regulatory climate is pretty tough right now, he noted on the conference sidelines.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

DEADLINE /  🏆 109. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Richard Snyder, ‘warrior-king’ of publishing who presided over rise of Simon & Schuster, dead at 90Richard Snyder, ‘warrior-king’ of publishing who presided over rise of Simon & Schuster, dead at 90Richard Snyder, a visionary and imperious executive at Simon & Schuster who presided over the publisher’s exponential rise during the second half of the 20th century and helped define an era of growing corporate power, has died
Read more »

Richard Snyder, ‘warrior-king’ of publishing who presided over rise of Simon & Schuster, dead at 90Richard Snyder, ‘warrior-king’ of publishing who presided over rise of Simon & Schuster, dead at 90Richard Snyder, a visionary and imperious executive at Simon & Schuster who presided over the publisher’s exponential rise during the second half of the 20th century and helped define an era of growing corporate power, has died.
Read more »

Richard Snyder, ‘warrior-king’ of publishing who presided over rise of Simon & Schuster, dead at 90Richard Snyder, ‘warrior-king’ of publishing who presided over rise of Simon & Schuster, dead at 90Richard Snyder, a visionary and imperious executive at Simon & Schuster who presided over the publisher’s exponential rise during the second half of the 20th century and helped define an era of growing corporate power, has died.
Read more »

New Shows on Paramount+New Shows on Paramount+The latest TV shows from Paramount+ include a slate of thrillers, a romantic comedy musical and the first TV show starring Sylvester Stallone.
Read more »

Taylor Sheridan’s ‘Special Ops: Lioness’ Paramount+ Series Gets Premiere Date, First TrailerTaylor Sheridan’s ‘Special Ops: Lioness’ Paramount+ Series Gets Premiere Date, First TrailerParamount+ has unveiled the first trailer for Taylor Sheridan’s Special Ops: Lioness and announced Sunday, July 23 as the premiere date for the espionage thriller. Starring Zoe Saldaña, Laysl…
Read more »

Mission: Impossible 8 Production Delayed Due to Writers StrikeMission: Impossible 8 Production Delayed Due to Writers StrikeParamount Pictures' Mission: Impossible 8 production has been delayed due to the ongoing WGA writers strike.
Read more »



Render Time: 2025-02-28 07:41:32