Paramount+ Loses 1.3 Million Subscribers Ahead of Skydance Acquisition
LOS ANGELES COUNTY, CALIFORNIA, JUL 31 – Shari Redstone honored her father Sumner Redstone's nearly 40-year legacy during her farewell at Paramount Global's earnings call before its acquisition by Skydance Media and RedBird Capital.
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5 Articles
Shari Redstone Says Content Is Still King As Her Family’s Long Paramount Run Is A Wrap
Paramount Global chair and controlling shareholder Shari Redstone has just thanked investors and her company’s co-CEOs. She recalled her father, the late Sumner Redstone, who grew Par into a media powerhouse, as the company prepared to merge with Skydance next week. And, as the Aug. 7 closing date for the merger approaches, said she believes […]
Shari Redstone Invokes Father Sumner Redstone’s ‘Steadfast Belief That Content is King’ in Final Quarterly Earnings Call as Paramount Global Owner
Shari Redstone invoked the legacy of her father Sumner Redstone on her final earnings call as the majority owner of Paramount Global.
Paramount+ Loses 1.3 Million Subscribers Ahead of Skydance Acquisition
Paramount released its Q2 2025 earnings report Thursday, along with comments from Non-Executive Chair Shari Redstone and Co-CEOs George Cheeks, Chris McCarthy, and Brian Robbins. The report showed that Paramount+ reached 77.7 million subscribers, a decrease of 1.3 million for the quarter. Paramount cited “the expiration of an international hard bundle deal” as the reason […] The post Paramount+ Loses 1.3 Million Subscribers Ahead of Skydance Acq…
Paramount’s Redstone Era Ends as Skydance Takeover Awaits
In its final earnings call before David Ellison’s Skydance Media closes its $8 billion takeover of Paramount, the parent company of the CBS broadcast flagship did not open the floor to queries from analysts. Instead, a clutch of senior executives offered a somewhat compact summary of the company’s second-quarter financial performance. But before co-CEOs Chris […]
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