By Gary Symons TLL Editor in Chief Media tycoon Edgar Bronfman Jr. has dropped his $6 billion bid to acquire Paramount Global, as Skydance Media prepares to close on its own offer. Bronfman had submitted a bid to acquire the global entertainment conglomerate with a consortium of investors. His submission came after Skydance had already come to a tentative agreement with the … [Read more...] about Update: Bronfman Drops Paramount Bid, Leaving Path Clear for Skydance
Paramount Global
$8 Billion Skydance Merger To Create ‘New Paramount’
By Gary Symons TLL Editor in Chief A seismic shift in the American entertainment scene happened today as Paramount Global has accepted a merger offer from Skydance Media. The two companies have entered into a definitive agreement to form a new company called 'New Paramount', which the parties say will be a "next-generation media and technology leader." The deal is … [Read more...] about $8 Billion Skydance Merger To Create ‘New Paramount’
Jazwares Signs Wide Ranging Licensing Partnership with Paramount
By Allison Watkinson TLL Reporter Jazwares has secured several multi-contract licensing deals with Paramount Global to release toys, costumes and accessories for the company's entertainment brands. A subsidiary of Berkshire Hathaway, Jazwares is a global toy manufacturing and production company that represents a broad portfolio of wholly-owned and licensed brands. Founded in … [Read more...] about Jazwares Signs Wide Ranging Licensing Partnership with Paramount
Paramount Global Announces Leadership Shakeup
Bob Bakish Stepping Down, Trio of Execs to Share CEO Role Photo: George Cheeks, Chris McCarthy and Brian Robbins will collectively replace Bakish in a new "Office of the CEO." Photo credit: Paramount Global. By Gary Symons TLL Editor in Chief Paramount Global is making major changes, as long-time CEO Bob Bakish is stepping down, to be replaced by a three-person Office … [Read more...] about Paramount Global Announces Leadership Shakeup
Who’s News: Paramount Global Names New VP of Consumer Products
TLL Staff Paramount Global has promoted Rebecca Jenkins to VP of Consumer Products, in charge of the UK, Ireland, Australia, New Zealand and Israel. Jamie Drew, executive VP of Paramount Consumer Products & Experiences, says Jenkin has demonstrated a strong track record in landing highly successful, global partnerships in her five-year tenure at Paramount. “Rebecca is … [Read more...] about Who’s News: Paramount Global Names New VP of Consumer Products
Who’s News: New Positions at Paramount Global and Penguin Ventures
Paramount Global Promotes Pamela Kaufman to CEO of Global CP & Experiences Penguin Ventures Appoints Zoe Smith as Senior Category Manager, UK Softlines Veteran licensing exec Pamela Kaufman has been promoted to take on the role of president and CEO of international markets, global consumer products and experiences, effective immediately. The newly created position reports … [Read more...] about Who’s News: New Positions at Paramount Global and Penguin Ventures