Montecito and Paramount are going on a "Field Trip."
BING NEWS:
- Paramount Global set to ax more employees after ‘unacceptable’ profit drop
The bosses of Paramount Global warned more layoffs are on the way as part of a $500 million cost cutting plan meant to curb a “simply unacceptable” decline in the media giant’s profitability. Some 500 ...
06/26/2024 - 6:58 am | View Link - Get a year of Paramount Plus with Showtime for half price
Considering this deal is the same price you’d usually pay for a year of the ad-supported Paramount Plus Essential plan, there’s an advantage to giving this deal a look before Paramount Plus raises its ...
06/26/2024 - 5:31 am | View Link - Paramount Global Co-CEOs Reveal Bankers Hired To Sell Assets; Discuss Path Forward At Town Hall
Redstone is now said to be considering two simpler options that would involve only a change in control, with her selling National Amusements stake. Edgar Bronfman Jr., backed by Bain Capital, had ...
06/25/2024 - 4:46 pm | View Link - Paramount Chiefs to Staff: We’re Cutting $500M in Costs After “Unacceptable” Profit Drops
The trio of co-CEOs told employees at a town hall Tuesday that bankers have been hired to sell unspecified assets "to help pay down debt and strengthen our balance sheet." ...
06/25/2024 - 3:44 pm | View Link - Paramount leaders address ‘simply unacceptable’ profit declines after sale talks collapse
That plan is a multipronged approach intended to increase profits for Paramount’s streaming service while cutting costs and putting some of the company’s assets up for sale. The company has struggled ...
06/25/2024 - 9:33 am | View Link - More
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