Variety has obtained a legal letter that is being sent to Paramount's board Friday, Jan. 24, from Project Rise Partners that outlines a new bid that is higher than an all-cash offer the consortium ...

Skydance is calling out a rival bidder for Paramount for allegedly attempting to derail the Hollywood studio’s merger with the media giant, claiming it has uncovered proof of “fraud&#82… ...

Paramount will then issue 100 million new Class B shares to 'Skydance Consortium' in exchange for a $1.5 billion capital infusion. 1,080 shares will be outstanding after the capital raise.

Paramount Global has rejected a last-minute counteroffer from Project Rise Partners, saying 'there will not be any engagement' on the investors' bid.

In particular, Skydance and Paramount said a petition by the Center for American Rights, a conservative public-interest law firm, made "baseless claims" in its petition to the FCC seeking to add ...

A Delaware judge on Monday opened the door to the possibility of a renewed bidding war for Paramount Global that could thwart the media giant's $8 billion deal to merge with Hollywood movie studio ...

Skydance Media Slams Project Rise Partners’ ‘Belated’ and ‘Unserious’ $13.5 Billion Bid for Paramount The David Ellison-owned studio says it has uncovered “overwhelming evidence of ...

Shari Redstone's company, which had agreed to a merger with Skydance Media in July, has extended its "go-shop" window until Sept. 5 to take a closer look at the offer from a group led by the ...

Paramount Global’s board has extended the go-shop window under its Skydance Media deal for 15 days as it engages with an investor group led by Edgar Bronfman Jr., which on Wednesday proffered $6 ...

Here comes a plot twist: As Skydance Media and RedBird Capital Partners work to close the Larry Ellison-backed takeover of Paramount Global this spring, a consortium of investors who previously ...

Skydance Media and Paramount Global have said objections filed with the FCC over their planned merger “lack merit” and “seek relief that raises constitutional concerns” — and the ...