Paramount sticks with $30-per-share bid
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Paramount is out of the Danger Zone, at least legally. According to an "opinion and order" document filed Jan. 9 by U.S. District Court Judge Jed. Rakoff in the United States District Court, Southern District of New York,
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'Top Gun: Maverick' writer's cousin loses lawsuit against Paramount claiming he wrote key scenes
Maverick” has lost his lawsuit against Paramount, in which he claimed to have written key scenes in the film. The plaintiff, Shaun Gray, is now facing potential liability for allegedly defrauding the studio and infringing on its copyrights.
In a letter filed with a House Judiciary antitrust subcommittee on Wednesday, Paramount’s chief legal officer, Makan Delrahim, wrote to lawmakers that the Netflix – WBD combination was “presumptively unlawful.”
Film and TV producer David Ellison acquired control of Paramount in August. He’s put reinvigorating brands like MTV and CBS News among his priorities. If he finds a strategic partner for MTV the strategy could serve as a template for other Paramount businesses.
The media company said it remains committed to the $82.7 billion deal it reached in December to sell its streaming service, studio and HBO cable channel to Netflix.
Paramount Skydance streaming product and tech chief Vibol Hou is leaving at the end of January. Read his message to colleagues.
A 'Recovery Agent' movie from producer Gal Gadot and Paramount is in the works, Deadline can report exclusively