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The following is a list of major assets that are owned by Paramount Global, an American multinational media conglomerate headquartered at One Astor Plaza in Midtown Manhattan, New York City. Paramount Pictures Corporation
As part of Nexstar's deal to acquire majority ownership of The CW, Paramount Global was given the right to convert its eight CW-affiliated stations into independents; on September 1, 2023, Paramount Global exercised this right. In three of these markets (Philadelphia, San Francisco, and Tampa), a Nexstar-owned station took over the CW affiliation.
Before finalization, Paramount Global would retain a 45-day window to shop for matching or superior offers from other bidders. Redstone will receive $2.4 billion for her share in National Amusements. [107] If Paramount were to find a better offer, Skydance would be entitled to a $400 million breakup fee payout from the company. [108]
In 2019, Shari Redstone emerged from a legal battle as the owner of ViacomCBS, later rebranded Paramount Global, and appointed Viacom CEO Bob Bakish as chief executive of the unified company.
Paramount Global (9.76% of total shares and 77.4% of total voting power) [1] UCI Cinemas (Brazil) National Amusements, Inc. is an American privately owned movie theater operator and mass media holding company incorporated in Maryland and based in Norwood, Massachusetts .
The remaining 22.5% of NAI will be owned by Gerry Cardinale, head of private-equity firm RedBird Capital Partners, which teamed with Skydance and the Ellisons on the NAI/Paramount deal. More from ...
As part of the sale to Nexstar, Paramount Global's CBS News and Stations subsidiary was granted the right to withdraw its eight affiliates from the network—in Atlanta, Detroit, Philadelphia, Pittsburgh, Sacramento, San Francisco, Seattle and the Tampa Bay area—which was exercised on May 5, 2023, effective September 1, 2023. [204]
Redstone holds a 20% stake in National Amusements, Paramount's controlling shareholder, through two trusts in her name and is in line to receive about $350 million from its sale, the report said ...