Speculation abounds — that it may just be hard for Redstone to pull the trigger on a sale of the company her father built over decades, or that giving up mogul status is tough to do. She'll will be showing up at Allen & Co's annual Sun Valley retreat in July once again alongside Disney CEO Bob Iger, CAA's Bryan Lourd, OpenAI CEO Sam Altman, Meta's Mark Zuckerberg, Microsoft founder Bill Gates and more. With all this in the background, an awkwardly time annual meeting Tuesday saw Paramount's new CEO trio (Br ...

Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Paramount Group (PGRE) and Omega Healthcare Investors (OHI) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets com ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by th ...

Paramount Global executives revealed a plan to slash costs and find a partner for its streaming service — but shares fell nearly 5% Tuesday as hopes of a merger with Skydance Media dimmed. Shari Redstone, Paramount's controlling shareholder, rallied investors Tuesday morning at the company's annual meeting around an aggressive $500 million cost-cutting plan under the firm's trio of CEOs that would "drive value for all our shareholders" and allow the company to invest in "best-in-class content." The move wou ...

A town hall for Paramount Global employees originally scheduled to take place Wednesday has been delayed until June 25. In a note to employees obtained by Deadline, CEOs George Cheeks, Chris McCarthy and Brian Robbins recapped Tuesday morning's annual shareholder meeting and also noted the rescheduling of the town hall. "Given the ongoing speculation regarding potential M&A, we want to be able to speak to you with as much candor and transparency as possible. By moving the date, our hope is to do just that," ...

Factory Orders for April are projected to come in less than half of the previous month's tally. Today's consensus ahead of the report is +0.7%, versus +1.6% in March. At least these numbers are still to the positive: four months of the last 12 have posted negative factory order growth. Averaged out over that time, we see +2.1% factory orders growth. While still on the positive side of the graph, these numbers have thus far been consistent with a steadily slowing economy. Specialty retailer Bath & Body Works ...

Paramount Global shares slipped Tuesday after top executives laid out a sweeping restructuring plan that includes $500 million in annualized cost cuts — as the company's future remains murky amid talks of a potential merger with Skydance Media. The executives — CBS President and CEO George Cheeks; Chris McCarthy, president and CEO of Showtime/MTV Entertainment Studios; and Paramount Pictures President and CEO Brian Robbins, — have led the company since the exit of former boss Bob Bakish in April, who left a ...

Paramount (NASDAQ:PARA) layoffs are in the news Tuesday after the entertainment company announced plans to cut jobs if its merger with a consortium of Skydance Media, RedBird Capital and KKR (NYSE:KKR) doesn't go through. Paramount is looking to cut its operating costs if this planned merger doesn't come to fruition. This would see it focus on laying off employees while also increasing content and franchises. This would have the Paramount layoffs focus on a few areas. That includes "duplicative teams and fu ...

Core Insights - Paramount Global is exploring a merger with Skydance while showcasing its strong revenue-generating franchises during a global stockholders meeting, emphasizing a $14 billion revenue strategy across various media [1][2] - The company reported a significant loss of $490 million in Q4 due to streaming investments, despite achieving 67.5 million subscribers [2] - Paramount's leadership team is focused on maximizing shareholder value through strategic partnerships, cost reductions, and optimizing content licensing [2] Financial Performance - Paramount Global highlighted its $14 billion brand strategy, which includes successful franchises like NCIS, SpongeBob, Yellowstone, and South Park, each generating $1 billion through ads, licensing, and retail [2] - The company aims to cut $5 million in overhead costs and is prepared to make further adjustments to align with market realities [2] Strategic Initiatives - The leadership team is committed to a "billion dollar brand strategy" that diversifies content offerings beyond just superhero genres, addressing potential audience fatigue [2] - Paramount owns 100% of its content, which allows for greater control over revenue generation through thoughtful licensing strategies [2] - The company is exploring strategic partnerships or joint ventures to accelerate Paramount+'s path to profitability, indicating a proactive approach to potential challenges [2] Upcoming Projects - Paramount's feature development team is on track to release several anticipated films, including "Mean Girls," "IF," and "Bob Marley: One Love," all of which have achieved No. 1 rankings [2] - Upcoming releases include "Quiet Place: Day One," "Transformers One," "Smile 2," "Gladiator 2," and "Sonic the Hedgehog 3," indicating a robust pipeline for the studio [2]

Shari Redstone, Paramount Global's non-executive chair and controlling shareholder, sought to sell shareholders at the company's annual meeting Tuesday on the potential of the three-member Office of the CEO. Convening a video presentation produced like a TV morning show, she delivered brief remarks before tossing to George Cheeks, Chris McCarthy and Brian Robbins. The three execs have formed the Office of the CEO since the ouster of Bob Bakish in April. Hovering over the event, though only briefly alluded t ...