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here to explain national amusement, its piece in all of this, charlie gasparino. >> national amusementsone micked me up? liz: you do have to take responsibility. this is how the sausage is made. >> national amusements is the holding company, take the shot, everybody take the shot. national amusements is the holding company for paramount. by the way shari redstone owns 80% of national amusements. liz: we're getting you the microphone. >> as she owns the 80%,. liz: can i put this back on? okay, keep going. >> keith ellison of sky dance and redbird, they want to buy it. here is the question, does this thing making shari redstone rich, does it do anything for the common shareholders like your pal mario ga belly, your pal warren buffett, who will not just sit there and say shari gets all the fun and we don't. in that context, until the deal happens, it is not a done deal until you read the press release, the whole thing, go out and do a sales job. what will be the main sales pitch? by the way -- liz: what is david, not -- >> david ellison, is a new generation of leader. they're going to put
here to explain national amusement, its piece in all of this, charlie gasparino. >> national amusementsone micked me up? liz: you do have to take responsibility. this is how the sausage is made. >> national amusements is the holding company, take the shot, everybody take the shot. national amusements is the holding company for paramount. by the way shari redstone owns 80% of national amusements. liz: we're getting you the microphone. >> as she owns the 80%,. liz: can i put...
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Apr 17, 2024
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she has to take what he wants to do for national amusements.s. all were created equal. liz: what are your favorite opportunities right now of companies that you feel are well managed? >> well, our ideal world is a well managed, a good business by a well-managed company and, liz, a reasonable price. some of the ones that we've looked at in the past, gatx out of chicago, the rail business. we've owned that for 45 years. they know how to buy equipment, they know how to rent it, heavy gone to be india, they've gone to europe. they're now dealing with engines that are in short supply, and they are making money. the stock is, symbol is gat, an- liz: yep, it's under there. $127 right now. >> and they basically will earn $8 next year, and they have 35 million shares out. well run, they're doing a good job. second is at&t -- itt, i invested when i was 13 years ol- liz: yeah, it's an old company. >> the name is old. the companies are constant hi changing. liz: sure, sure. >> at one time they actually owned madison square garden. so that's an extraordinar
she has to take what he wants to do for national amusements.s. all were created equal. liz: what are your favorite opportunities right now of companies that you feel are well managed? >> well, our ideal world is a well managed, a good business by a well-managed company and, liz, a reasonable price. some of the ones that we've looked at in the past, gatx out of chicago, the rail business. we've owned that for 45 years. they know how to buy equipment, they know how to rent it, heavy gone to...
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Apr 8, 2024
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class a voting shares and national amusements hold 80% of that.have the bulk of the control but only 10% of the outstanding shares. the rest of the shareholders don't have any voting control. someone has come out from matrix saying with a letter to the paramount board saying this deal is not fair. they went paramount and the board to consider other offers that are out there. apollo last week made an offer for all of paramount. it was a $26 billion cash offer. this came after paramount's debt was downgraded to junk and apollo's view is because of this downgrade they can leave paramount's capital structure in place, not have to raise any new financing and put up equity. paramount has said it believes -- it doubts how much financing apollo has for this and apollo stance would be it does not need financing if it can roll over its stake. sonali: when you have the competing bid with the likes of apollo which still does have a massive tie to the capital markets, you have sherry redstone banking elephant. what comes next? michelle: at this point david ell
class a voting shares and national amusements hold 80% of that.have the bulk of the control but only 10% of the outstanding shares. the rest of the shareholders don't have any voting control. someone has come out from matrix saying with a letter to the paramount board saying this deal is not fair. they went paramount and the board to consider other offers that are out there. apollo last week made an offer for all of paramount. it was a $26 billion cash offer. this came after paramount's debt...
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and under this potential deal, national amusements may be taken out, but the public shareholders willke it even worse, the public -- paramount might actually buy this private media business from from ellison for a couple billion dollars or more and further dilute shareholders. so it's a messy situation. analyst rich greenfield has called it chaos and dysfunction at paramount. the directors seem to be controlled -- concerned about it. four of the seven are not going to stand for reelection, so it's a messy situation right now there. jack: i think we need a diagram. green fed is often right but also negative on legacy -- >> yeah. and one thing that could be aping that's positive, if this deal falls apart, that's probably the best thing for paramount shareholders. jack: is there a bull case to be made for legacy media? >> the stock is very depressed, and you could have a takeover of the entire company. apollo, the private equity firm, is reportedly interested in buying the whole thing which could be a nice bump relative to where the stock is right now, so investors are probably hoping fo
and under this potential deal, national amusements may be taken out, but the public shareholders willke it even worse, the public -- paramount might actually buy this private media business from from ellison for a couple billion dollars or more and further dilute shareholders. so it's a messy situation. analyst rich greenfield has called it chaos and dysfunction at paramount. the directors seem to be controlled -- concerned about it. four of the seven are not going to stand for reelection, so...
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it is not seen that national amusements wants to sell the entirety of paramount to private equity androken up into pieces or sold for parts. that does not seem to be something they want. what a lot of investors forget this is a controlled company. just because public shareholders want something does not mean the company has to proceed down that path. that is the danger of a controlled company when you are investing. if you do not like it, do not invest in controlled companies. caroline: because ultimately you may end up with a slightly diluted deal that leaves you slightly poorer. what is the narrative that now needs to be built by ellison or anyone else, the current board number ship of paramount to say, in the long term, this will review benefits? rich: if your controlled shareholder does not want to sell the entire company, you have essentially three choices, if you are sitting is the paramount board. you can do nothing, literally just operate status quo. i think the board recognizes. current strategy is not working. paramount+ bleeding $1 billion, $2 billion, not a meaningful play
it is not seen that national amusements wants to sell the entirety of paramount to private equity androken up into pieces or sold for parts. that does not seem to be something they want. what a lot of investors forget this is a controlled company. just because public shareholders want something does not mean the company has to proceed down that path. that is the danger of a controlled company when you are investing. if you do not like it, do not invest in controlled companies. caroline: because...
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Apr 11, 2024
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national amusements, got to buy that.t a special committee that agrees that you can merge sky dance into paramount. you need paramount to come up with an exchange ratio. that's being negotiated. they're narrowing that range. and in fact, next week, for the first time, ellison's group, the ellison redbird group, is going to begin conducting due diligence at paramount. they are having meetings with management, and that process is beginning. so, they're deep into this. they haven't yet agreed to, though, an exchange ratio, and as i have reported a number of times, beyond the equity that would be exchanged for skydance, you would also have an additional equity issuance by paramount for which redbird, ellison, larry ellison, kkr, which owns some skydance, would step up and buy more equity. that would be used, in part, to delever and do a number of other things. the plan on the part of ellison is to radically restructure paramount, massively cut costs in terms of rationalizations, and get the stock to, frankly, they believe, wh
national amusements, got to buy that.t a special committee that agrees that you can merge sky dance into paramount. you need paramount to come up with an exchange ratio. that's being negotiated. they're narrowing that range. and in fact, next week, for the first time, ellison's group, the ellison redbird group, is going to begin conducting due diligence at paramount. they are having meetings with management, and that process is beginning. so, they're deep into this. they haven't yet agreed to,...
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my typical skepticism his company, sky dance, is apparently making a bid for paramount and national amusements right on that >> that's right. >> would there be any connection to this donation and that move which might, might require some governmental approvals >> well, it's unclear. it is interesting the donation arrived as these reports are coming out about that deal we're talking about the deal of sky dance, paramount, and national amusements. so the donation came in the early part of the first quarter of this year and so, you know, it is interesting that it's kind of coincides with timing of how all these reports are coming out about that deal. it's unclear if it's tied to any potential regulatory scrutiny on the biden administration or a trump administration down the road >> time will tell on that. is the notion that the big rainmakers, like jeff katzenberg, would be involved in trying to recruit a donor like mr. ellison, does that suggest that katzenberg and other rainmakers in the biden catch will be doing the same with other donors who might be on the fence or who might be di disenchant
my typical skepticism his company, sky dance, is apparently making a bid for paramount and national amusements right on that >> that's right. >> would there be any connection to this donation and that move which might, might require some governmental approvals >> well, it's unclear. it is interesting the donation arrived as these reports are coming out about that deal we're talking about the deal of sky dance, paramount, and national amusements. so the donation came in the...
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national amusements holds a near 80% voting stake in paramount global, the parent of cbs and mtv.nager aviva, part of the insurance group, is tapping australia's pension funds to partner in private deals in the u.k. and europe. as a surging pool of requirement savings lures investors. the firm has been talking to some funds about co-investments in district centers and residential develop is in his push to double its real assets portfolio over the next five years. meanwhile, aviva's ceo says progress towards gender parity in u.k. financial services is too slow. amanda blank is regarded as a champion for diversity and equality in britain. and as one of the few female leaders of a european blue-chip. in an interview with francine lacqua, she highlighted the importance of shared parental leave. >> if you are looking at the ftse 100 and you have 10 female ceos, 90 male ceos, you have to say something is not quite right about that. if we look in financial services, we have seen 1% improvements year on year. that's good and we should celebrate that. but it's not quick enough. so, i think
national amusements holds a near 80% voting stake in paramount global, the parent of cbs and mtv.nager aviva, part of the insurance group, is tapping australia's pension funds to partner in private deals in the u.k. and europe. as a surging pool of requirement savings lures investors. the firm has been talking to some funds about co-investments in district centers and residential develop is in his push to double its real assets portfolio over the next five years. meanwhile, aviva's ceo says...
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Apr 29, 2024
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by the way, when ask the last time we've not spoken about viacom, vp, paramount, national amusementsevable story. if you notice the stock is up but you know, this is not the type of rally you see when common shareholders are, you know, jubilant about a deal. so that's one thing. the other thing i think this will slow shade on liz, this is a big story, it comes up every now and then, this dual class stock situation in a lot of media companies where you have controlling people holding the stock but they don't own most of it. they own the controlling shares, not the common shares. when you try to do a deal that benefits the controlling shareholders, you know, there is this sort of clash with the common shareholders. i think we're going to see more of that. there will be a case study on this as well, on how welcome mon shareholders should be treated, when there should be dual stoke but right now, be that as it may, we're going to know a lot more i would say in the next 15 minutes i guess, right, when they do earnings. because that is where this is all coming to a head but again never see
by the way, when ask the last time we've not spoken about viacom, vp, paramount, national amusementsevable story. if you notice the stock is up but you know, this is not the type of rally you see when common shareholders are, you know, jubilant about a deal. so that's one thing. the other thing i think this will slow shade on liz, this is a big story, it comes up every now and then, this dual class stock situation in a lot of media companies where you have controlling people holding the stock...
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the provisional accord is to purchase national amusements, which does control 80% of voting stake inamount. mike?>> this deal is sort of handicapped. we will see what it will be for the paramount down the road. the s&p 500 is struggling for direction, as the treasury rises to the highest level since last november. max is joining us. max, it's good to see you. there are familiar challenges to the market that have been feeding off a perfect backdrop. inflation is on the downside, people are expecting a strong economy and record highs stock market, there may be some convocations. how do you see it playing out?>> for the next couple months we are in for some further gains. we look at some of the macro data in the united states and globally. and it plot - - it applies in particular to the united states, ceo confidence has been picking up. we look at consumer sentiment around future finances, which is one of the determining forces of future consumption. that has really been on a tear for the last few months as well. global central banks are moving from hikes to cuts, and we are talking abo
the provisional accord is to purchase national amusements, which does control 80% of voting stake inamount. mike?>> this deal is sort of handicapped. we will see what it will be for the paramount down the road. the s&p 500 is struggling for direction, as the treasury rises to the highest level since last november. max is joining us. max, it's good to see you. there are familiar challenges to the market that have been feeding off a perfect backdrop. inflation is on the downside, people...
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they've been weighing the sell of the holding company national amusements to him for months.t if i plans to raise the price of its ooh service -- audio service in it service for the second time in three years. markets including u.k., australia and pakistan. spotify plans to raise prices in the u.s. later on this year and the hikes will help cover the cost of audio books. haidi: china is on a golden week, if you will. a lot of the concerns have been around -- even as we see a pickup in the economic indicators that we do follow. the center on chinese households and they're willingness to spend is something we'll look at. but certainly a quiet end of the week. the china and hong kong markets as well closed on holiday and on friday a holiday for taiwan as well. paul: do the right thing, get out there and buy some stuff. but i think authorities would prefer it if consumers spent bigger than plowers. we've seen get easier. for a car loan, example. china's market has been sluggish. and icbc, one of the big banks in china offering $41 billion to support the tourism sector to stimulat
they've been weighing the sell of the holding company national amusements to him for months.t if i plans to raise the price of its ooh service -- audio service in it service for the second time in three years. markets including u.k., australia and pakistan. spotify plans to raise prices in the u.s. later on this year and the hikes will help cover the cost of audio books. haidi: china is on a golden week, if you will. a lot of the concerns have been around -- even as we see a pickup in the...
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Apr 11, 2024
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the one they are working with right now where it pays $2 billion to buy out national amusements and ae deal after that pay $5 billion for the rest of the company. they are negotiating with the partners exclusively. they have said no to another deal that was a higher deal, but said they were not sure they could get financing from apollo. $20 billion. >> yes. >> very interesting around this. the journal said one departing board member had concerns about the deal. you will see more coming into this. >> there is a share class which is controlled by sherri redstone. they diverge massive live. this is a super shareholder. >> that stock down 28% year to date. it is up about 6 cents today. >>> when we come back, new data on china's economy. "squawk pod" has been nominated for a webby award. you can scan the qr code over our feature of the interview with charlie munger before he passed away. that code on the screen will take you to the page where you can show support for us in the webbys. voting is open until april 18th. "squawk box" will be right back. >> announcer: executive edge is sponsore
the one they are working with right now where it pays $2 billion to buy out national amusements and ae deal after that pay $5 billion for the rest of the company. they are negotiating with the partners exclusively. they have said no to another deal that was a higher deal, but said they were not sure they could get financing from apollo. $20 billion. >> yes. >> very interesting around this. the journal said one departing board member had concerns about the deal. you will see more...
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national amusements holds a near 80% voting stake in paramount. spotify plans to raise the price of its audio service in several key marks for the second time in a year and add new subscription tiers. they told bloomberg the hikes will come by the end of april for markets including the u.k., australia and pakistan. spotify is planning to raise prices in the u.s. later on this year. the hikes will help cover the cost of audiobooks, a popular new service. plenty more to come on daybreak australia. this is bloomberg. paul: the c.i.o. of t. rowe price said the fed risks losing credibility if it cuts rates too soon. they said early easing could trigger a repeeft the 1970's when the central fed took its foot off the brake before inflation was fully tamed. >> one of the things that stands out to me if you go back to what powell said early on, he's a student of what happened in the 1970's. if you look at the mistake made then, cutting too early. if you map the c.p.i. to the very beginning of this cycle versus the last, it's following a similar curve. if t
national amusements holds a near 80% voting stake in paramount. spotify plans to raise the price of its audio service in several key marks for the second time in a year and add new subscription tiers. they told bloomberg the hikes will come by the end of april for markets including the u.k., australia and pakistan. spotify is planning to raise prices in the u.s. later on this year. the hikes will help cover the cost of audiobooks, a popular new service. plenty more to come on daybreak...
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Apr 29, 2024
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who have been less than enthused with the idea of control shareholder shari redstone through national amusementsting a large share for her shares, while they got nothing, except the promise of a higher stock price based on the merger. what i can tell you is they have moved along here in terms of this exclusive negotiation that's been going on between the special committee and the ellison group to the point where it is my understanding, at least, that they've gotten to basically kind of what they would call a -- expect to be a final offer from skydance. now, things can always change. you can also tweak things. it doesn't appear they're going to have a deal in hand on friday, but perhaps they will get very close to having something that is close to that deal that could be signed up, brought to the control shareholder, namely that being shari redstone it does include, is my understanding, and this is an important component here and one that the special committee has been pushing for, what is essentially a premium that would be paid at least to these shareholders for some percentage of their shares,
who have been less than enthused with the idea of control shareholder shari redstone through national amusementsting a large share for her shares, while they got nothing, except the promise of a higher stock price based on the merger. what i can tell you is they have moved along here in terms of this exclusive negotiation that's been going on between the special committee and the ellison group to the point where it is my understanding, at least, that they've gotten to basically kind of what...
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skydance pays 2 1/2, $3 billion for sheri redstone's 80% stake in national amusements, which controllinghares of pay a mount. doesn't mean they're buying paramount directly. they're not buying the common shareholder out at 1dollars a share. i think the market will reflect this very soon. unless they figure out a way to throw money to them. that is where i think this thing will get held up. liz, this is the bottom line. do you think mario today belly and buffett. -- gabelli. buffett sold part of his stake maybe all i don't know. for the sake of argument is still in it, and mario gabelli are still in it. will they walk away empty-handed to watch shari redstone make $3 billion? mr. ellison essentially taking skydance, merging it into paramount, would be like a five billion dollar valuation from zero? that's not going to happen. so what is likely to happen here, if this thing happens, and again it's an if, something will have to be done for the common shareholders because they will sue. mario gabelli, i'm not saying he is, i don't know, but he will probably sue. the best thing to say is this
skydance pays 2 1/2, $3 billion for sheri redstone's 80% stake in national amusements, which controllinghares of pay a mount. doesn't mean they're buying paramount directly. they're not buying the common shareholder out at 1dollars a share. i think the market will reflect this very soon. unless they figure out a way to throw money to them. that is where i think this thing will get held up. liz, this is the bottom line. do you think mario today belly and buffett. -- gabelli. buffett sold part of...
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i dance media has wanted to do a two step deal where first they acquired national amusements and mergedfilm studio with the paramount studio. the paramount board has always pushed back on that thing, we are only interested if you get the whole thing, come up with excess capital if you want to do this deal for all of us. that is what we don't know. what is the structure of the deal going to look like? will there be enough of the premium paid so shareholders are okay with it? >> that was the deciding factor? they would rather's cell the company as a whole. apollo was looking for the movie studio. we did reach out to paramount, they issued a no comment. >> look, i think we have known that there was heavy interest from sky dance. they are backed by several private equity firms. redbird has old media executives that work for, like jeff shell that used to run our parent company. theoretically, those guys got involved, maybe even one of them could take on some sort of leadership role, operationally within paramount. at least those things have been floated out there as people have speculated ab
i dance media has wanted to do a two step deal where first they acquired national amusements and mergedfilm studio with the paramount studio. the paramount board has always pushed back on that thing, we are only interested if you get the whole thing, come up with excess capital if you want to do this deal for all of us. that is what we don't know. what is the structure of the deal going to look like? will there be enough of the premium paid so shareholders are okay with it? >> that was...
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Apr 25, 2024
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one of the things he represents les moonves trying to unwind shari redstone out of national amusementskelly: all this uncertainty if etherium ends up being declared a security. gary gensler doesn't have much love for the crypto space, that bitcoin etf, that makes bitcoin potentially skyrocket, the bitcoin etf become more attractive. >> if etherium is deemed a security, ripple is already, they believe it is a security again, half-baked victory. too complicated. they will appeal that, good grounds to appeal it. one crypto they'll will be legal so to speak. kelly: right. >> everybody has to go to the sec, pay money it will be crazy. it will be bitcoin and that will cabinet positive for bitcoin. kelly: definitely. >> i don't give investment advice but logically. kelly: logically that will make sense. thanks, charlie, we'll watch this for sure. the closing bell rings in just under five minutes. the major averages trending lower right now well off the lows of the session. the busiest day of first-quarter earnings season gets even busier after the bell with chipmaker intel out with earnings a
one of the things he represents les moonves trying to unwind shari redstone out of national amusementskelly: all this uncertainty if etherium ends up being declared a security. gary gensler doesn't have much love for the crypto space, that bitcoin etf, that makes bitcoin potentially skyrocket, the bitcoin etf become more attractive. >> if etherium is deemed a security, ripple is already, they believe it is a security again, half-baked victory. too complicated. they will appeal that, good...
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it doesn't get me cash, it just gets the company in better position, but it doesn't cash out national amusements. the shift from buying just a piece of the company, assuming this $26 billion bid is real, that's where you start to -- that's where the real head scratcher comes in, like, how could you say no to that? if that offer came in over the weekend, why would that not be more attractive than pursuing a pretty complicated transaction that's probably going to end up with a lot of litigation, because you're basically only taking out for cash one shareholder. >> rich, good to see you, thank you. rich greenfield. >> thanks for having me. >> don't miss cnbc's interview with bob iger tomorrow morning at 9:00 a.m. he will sit down with david faber. didn't even talk to rich about that, but of course, disney is also on the docket here for discussion. >> 100%. we talked about this, i think you stay long into earnings on the eighth or may or so. but just going back to paramount real quick. the price action was interesting. rich mentioned it, $11.40 at open, and then obviously at the end of the day, it w
it doesn't get me cash, it just gets the company in better position, but it doesn't cash out national amusements. the shift from buying just a piece of the company, assuming this $26 billion bid is real, that's where you start to -- that's where the real head scratcher comes in, like, how could you say no to that? if that offer came in over the weekend, why would that not be more attractive than pursuing a pretty complicated transaction that's probably going to end up with a lot of litigation,...
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away, because it seems like a mess >> yeah, it does seem like a mess >> what's interesting is national amusementss is the redstone family entity that controls 80% of the stock, can do whatever they want anyway, so, it's clear the skydance deal, which is one that's also coming from funding from skydance and red bird capital. it's a very interesting deal, because i believe this is going to begin to unlock -- there's other assets out there in the media space, wbd, right there for a place that's well, well, well off its, you know, off its highs, but also the sum of the parts dynamics around what are those assets really worth? we know where linear tv is, we know where some of the streaming business is, the amount of subs that even paramount has is pretty impressive, all things considered so, that's why this deal is why we care about, dan's right, to the stock market, nobody cares about paramount, no one has for a long time. and netflix is so far out in front of everybody, but it's a fascinating time, and again, some of the smartest folks in media are in an around the hoop in this. >> so, it's about th
away, because it seems like a mess >> yeah, it does seem like a mess >> what's interesting is national amusementss is the redstone family entity that controls 80% of the stock, can do whatever they want anyway, so, it's clear the skydance deal, which is one that's also coming from funding from skydance and red bird capital. it's a very interesting deal, because i believe this is going to begin to unlock -- there's other assets out there in the media space, wbd, right there for a...
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the plan, as i have explained, would be buy out national amusements, raise $3 billion in equity. larry ellison, david's dad, would still be diluted to shareholders. >> who leads the special committee? >> it's a couple of directors. they're being advised by well-known investment bank. you want to create a record if you're that special committee, a really good strong record to withstand what is going to be an avalanche in litigation that you're inevitably going to get. you want to make sure you've got a great record that says, hey, we looked at everything. we did the right thing here. that takes the place really of a vote from the majority, the minority, if you have a special committee doing the work that it is doing. by the way, it may take a while. they're in exclusively. it doesn't mean they'll stay there. it's not clear that they're going to get a deal done in the next 20-some-odd days of exclu exclusivity. doesn't mean you can't extend it. we'll keep an eye on paramount shares, up fractionally. >> disney posts peltz, back to work. >> hugh johnston. >> cfo. >> jim, now it's jus
the plan, as i have explained, would be buy out national amusements, raise $3 billion in equity. larry ellison, david's dad, would still be diluted to shareholders. >> who leads the special committee? >> it's a couple of directors. they're being advised by well-known investment bank. you want to create a record if you're that special committee, a really good strong record to withstand what is going to be an avalanche in litigation that you're inevitably going to get. you want to...
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. >>> plus, wild video of a raccoon attacking people at one of the nation's most popular amusement parks. >>> and caitlin clark does it again. what she told our correspondent one day from her final college game. ♪ >> announcer: this is "nbc nightly news" with jose diaz-balart. >> good evening. it was a terrifying scene at a miami area nightclub. an altercation led to gunfire which then turned into a full-on shootout with police. innocent bystanders caught in the crossfire. when the bullets stopped, two people were dead, seven injured. victims treated on the sidewalk outside the club. others rushed to the hospital, including one police officer. there are now two investigations, a homicide investigation into the shooting that started it all and an investigation into the officer-involved shooting. marissa parra starts us off from doral outside miami. i want to warn you, some of the images in this story are disturbing. [ sirens ] >> reporter: deadly chaos at 3:30 in the morning inside a miami area nightclub spilling onto the streets. >> shots fired at -- >> reporter: nine people shot inside,
. >>> plus, wild video of a raccoon attacking people at one of the nation's most popular amusement parks. >>> and caitlin clark does it again. what she told our correspondent one day from her final college game. ♪ >> announcer: this is "nbc nightly news" with jose diaz-balart. >> good evening. it was a terrifying scene at a miami area nightclub. an altercation led to gunfire which then turned into a full-on shootout with police. innocent bystanders...
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Apr 17, 2024
04/24
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CNBC
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remember, because the transaction that is currently contemplated both pays a premium for national amusementsthe control shareholder, but also involves paramount coming up with an exchange ratio to buy the skydance studio and bring it in a merger with paramount studio, and then, as i pointed out many times, in addition, the issuance of new shares, many of which would be purchased by larry ellison, for example, and other members of the skydance group. red bird, kkr. what's skydance worth? it's a private company. you can't necessarily just do it on where they last raised capital. it's not the easiest thing to determine. it's something they will be able to, but it may take time. you've got to figure out what the status quo would mean for paramount. it's not just u, if we do this deal, but what is the status quo like if we do nothing and paramount paramount stays out there? you've got to deal with the control shareholder in shari redstone, and you've got to make sure that the numbers you're hearing from the skydance group, in terms of synergy, really cost-cutting, and i want to make it clear here
remember, because the transaction that is currently contemplated both pays a premium for national amusementsthe control shareholder, but also involves paramount coming up with an exchange ratio to buy the skydance studio and bring it in a merger with paramount studio, and then, as i pointed out many times, in addition, the issuance of new shares, many of which would be purchased by larry ellison, for example, and other members of the skydance group. red bird, kkr. what's skydance worth? it's a...
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127
Apr 4, 2024
04/24
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CNBC
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it would involve paying a premium for national amusements and the stake, of course, that it has the controlt, but not necessarily buying out the company. along with this deal is an important component that i have mentioned a number of times, but perhaps it's not gotten enough focus. the need to raise as much as $3 billion in new equity by paramount. that would be part of the deal were it to be agreed to. now, my understanding is that ellison and his partners would step up for a purchase of a good amount of that equity, but it would be dilutive. it would be common. it would be dilutive. it would be done in part to enable delevering and also to give the company some growth capital and put it on firmer financial footing. this is a company that just had its bond rating downgraded very recently as well. there's plenty to come here. special committee, of course, has to weigh in. its advisors have to weigh in. i'm hearing a lot of at least positive perspective on the possibility that this deal does get to the finish line as difficult as it might be to actually execute that. there does seem to be a
it would involve paying a premium for national amusements and the stake, of course, that it has the controlt, but not necessarily buying out the company. along with this deal is an important component that i have mentioned a number of times, but perhaps it's not gotten enough focus. the need to raise as much as $3 billion in new equity by paramount. that would be part of the deal were it to be agreed to. now, my understanding is that ellison and his partners would step up for a purchase of a...
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Apr 30, 2024
04/24
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CNBC
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only shari national amusements is getting cash. that's the risk you took going into it. if you don't like that. >> some of the metrics for paramount streaming service seems like it is going pretty well, rich? on a relative basis, is there hope? >> when you say relative basis, joe, you are still losing hundreds of hl millions of doll a quarter. this was the super bowl quarter. advertising was up 14% and organically down 9%. a lot of things look better with special event programming. i think the reality is this is still a business where even if they get paramount plus to profitability, i don't know the ultimate value. that's what's going to change, right? the skydance merger, if it happens, the one thing that investors are not really paying enough attention to is shutting down paramount plus. you buy paramount or existing management would shutdown or scale back paramount plus and cut costs and gush cash. the plan at skydance is take over paramount and they want to double or triple down. they want to build it into a netflix competitor much like disney or hulu combination. y
only shari national amusements is getting cash. that's the risk you took going into it. if you don't like that. >> some of the metrics for paramount streaming service seems like it is going pretty well, rich? on a relative basis, is there hope? >> when you say relative basis, joe, you are still losing hundreds of hl millions of doll a quarter. this was the super bowl quarter. advertising was up 14% and organically down 9%. a lot of things look better with special event programming....
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Apr 26, 2024
04/24
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CSPAN2
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nations, but it does tell the truth. if he says we are going to use history for our pleasure and amusement for inflating our national ego and giving us a false but pleasurable sense of accomplishment, then we must give up the idea of history. it raises science. or, as an art and what this is about, what he's saying here is that we can't afford to obscure or or hide or airbrush aspects of our past, even if those aspects are troubling. and that's what happened. the history of reconstruction for 100 years or more. those of you who may have been educated as i was back in the 1950s and 1960s, probably learned very about reconstruction, very about the historical ku klux and next to nothing about the extremely violent terrorism that was perpetrated against black freed people and white republicans by the klan in the late 1860s and early 1870s. so i wrote this book in part i had several motives, but in part i wanted because i wanted to show that organized terrorism has roots deep in american history. today, when we talk about terrorism, we think of it as something foreign isis, al qaeda or lately hamas. but in fact, it's embedde
nations, but it does tell the truth. if he says we are going to use history for our pleasure and amusement for inflating our national ego and giving us a false but pleasurable sense of accomplishment, then we must give up the idea of history. it raises science. or, as an art and what this is about, what he's saying here is that we can't afford to obscure or or hide or airbrush aspects of our past, even if those aspects are troubling. and that's what happened. the history of reconstruction for...
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Apr 12, 2024
04/24
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CNNW
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amusing. what happened was the national enquirer broke the news about the book and suddenly there was like a storm and and the goldman's, we're on tv every day decrying the people who were involved in the book and it was it wasn't pleasant, it didn't really affect me. i have a complete another life outside of the book business but jay decided you know, if if the book is a confession, maybe pablo did it. i mean, he he lives just 50 yards from nicole's house and he seems to know so much about the murder so he basically was throwing me under the bus a little bit >> all right. pablo fan vez. thank you for sharing that. i appreciate it >> thank you very much. thanks for your time. >> next, i'll speak live with gloria. all read. she represented the coal brown's family during both of those trials. her reaction to simpson staff plus breaking news as one of donald trump's trials starts just days from now, we are getting word that one of his key lawyers is now off the legal team and a newsletter exclusive. and the first joint interview with the independent presidential ticket, cornell west and molina abdull
amusing. what happened was the national enquirer broke the news about the book and suddenly there was like a storm and and the goldman's, we're on tv every day decrying the people who were involved in the book and it was it wasn't pleasant, it didn't really affect me. i have a complete another life outside of the book business but jay decided you know, if if the book is a confession, maybe pablo did it. i mean, he he lives just 50 yards from nicole's house and he seems to know so much about the...
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Apr 26, 2024
04/24
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FOXNEWSW
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away with it with abandon and now as usual the "national enquirer" does things to the extreme and it is really humiliating but i thought it really amusinge in the press who, you know, try to act like they are holier than thou trying to pretend they never suppress stories or try to push stories about people they don't like. it is absurd. >> dana: right. >> shannon: charlie, many years ago i was in the "national enquirer" only because i was standing next to someone and the story was about her and my mom was slightly horrified on the check-out line. i don't think new york city jurors are so jaded that they can't handle this. i don't think they will be surprised by some of these stories they are hearing but ask the question does it amount to a crime? >> of course, i think that one of the reasons that democrats are -- bragg is pushing the story is they want to humiliate former president trump. they think that all the salacious details will somehow hurt him. trump has been around for a long time and around even longer to new york jurors. the salacious nature of this, i think it is backed into their opinions of somebody who has been part of th
away with it with abandon and now as usual the "national enquirer" does things to the extreme and it is really humiliating but i thought it really amusinge in the press who, you know, try to act like they are holier than thou trying to pretend they never suppress stories or try to push stories about people they don't like. it is absurd. >> dana: right. >> shannon: charlie, many years ago i was in the "national enquirer" only because i was standing next to someone...
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Apr 21, 2024
04/24
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ESPRESO
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amuses russian killers with his throat and waits for suspicion. i think sitting behind bars will not be as fun for her as singing the russian national anthem and wavingcolor rags. and we will definitely... you will witness it clumsy and belated repentance. it was the program collaborators and i, olena kononenko. if you have information about the kremlin progenitors, write to us at this e-mail address or simply on facebook. together, we will send all the traitors to follow the russian ship. see you in a week on espresso. gasoline trimmers are so heavy, loud and inconvenient, and as always , they run out of fuel in no time, and you want to have a beautiful, well-groomed area. there is a solution. kors garden trimmer from unpack tv, buy it now at a special price. that's all for uah 999 the corse trimmer is a light, compact and incredibly powerful tool. it will cope with bushes and lawns, even in the most difficult-to-reach places, near fences, along paths, near the sidewalk, curb. around trees, unlike gasoline trimmer corce is incredibly light, even women can use it, but that's not all, see how powerful trimmer corce is, how it cuts through carrots in a
amuses russian killers with his throat and waits for suspicion. i think sitting behind bars will not be as fun for her as singing the russian national anthem and wavingcolor rags. and we will definitely... you will witness it clumsy and belated repentance. it was the program collaborators and i, olena kononenko. if you have information about the kremlin progenitors, write to us at this e-mail address or simply on facebook. together, we will send all the traitors to follow the russian ship. see...
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Apr 23, 2024
04/24
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ESPRESO
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amuses russian killers with his throat and waits for suspicion. i think she will not like to sit behind bars as much fun as singing the russian national anthem and waving tricolor rags. and we will definitely witness her clumsy and belated repentance. this was the collaborators program and i am olena kononenko, if you have information about the kremlin's progenitors, write to us at this e-mail address or just on facebook, together we will send all the traitors on the trail of the russian ship. see you in a week on espresso. and now the column is true or fake and i'm joined by vedika bahal, welcome vedika, today we discuss rumors that ukraine is allegedly selling to russia the caesar artillery systems, which were transferred to it by france, tell us more about this. that's right, thomas, caesar is a french-made self-propelled howitzer capable of hitting targets at a distance of up to 55 km. at the beginning of the russian invasion, france supplied ukraine with about 49 such machines. and paris plans to increase production and sell crushed stone. to help ukraine in the introduction of military operations. internet users are now claiming that ukraine actu
amuses russian killers with his throat and waits for suspicion. i think she will not like to sit behind bars as much fun as singing the russian national anthem and waving tricolor rags. and we will definitely witness her clumsy and belated repentance. this was the collaborators program and i am olena kononenko, if you have information about the kremlin's progenitors, write to us at this e-mail address or just on facebook, together we will send all the traitors on the trail of the russian ship....
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Apr 23, 2024
04/24
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NTV
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someone's national pride, but personally... the documents of the first years after the revolutionary years , svetlana gordeeva attended the opening. what now seems to us just posters, sometimes amusingropaganda, to explain to illiterate peasants what was happening in the country, the easiest way was with the help of bright drawings and simple but catchy slogans. among the famous authors of such propaganda posters are vladimir maykovsky, dmitry maur, mikhail cheremnykh, and the works of leonid pasternak, the father of the famous writer, have been preserved. even malevich had a hand in such activities. often the modern reader believes that the window of growth is just such a small separate poster. actually this is not true. for example, this growth window consists of twelve elements. we can say that this is a whole comic about the fight against the white guard in rangel. the main department for creating such posters was created at rosta, the russian telegraph agency. we can say that this is a leaky basin, which is why they were called windows of satirical growth. freelance employee mayakovsky, who. these are the hidden enemies of the young soviet republic, because the open ones are wr
someone's national pride, but personally... the documents of the first years after the revolutionary years , svetlana gordeeva attended the opening. what now seems to us just posters, sometimes amusingropaganda, to explain to illiterate peasants what was happening in the country, the easiest way was with the help of bright drawings and simple but catchy slogans. among the famous authors of such propaganda posters are vladimir maykovsky, dmitry maur, mikhail cheremnykh, and the works of leonid...
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Apr 19, 2024
04/24
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BELARUSTV
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amuse them. now i’ll tell you about it in more detail. so, the mexican authorities have pledged to provide nineteen cats to cats living in presidential nationale received permanent asset status. usually the list includes a building or furniture. granting the status means that the government is committed to providing these cats with food and caring for them for the rest of their lives. further after the resignation of the incumbent, even after the resignation of the incumbent president. previous employees the palace looked after the animals. on their own initiative, some of the pets are named after cultural figures, for example, the red cat bowie in honor of the british singer, you guessed it, david bowie, who visited the palace in 1997, while others received nicknames after the names of local mountains, words from the language of the ottoks were used . yes, this is all very good, of course, but aren’t we depriving other animals of attention when we talk so much about cats? we, katya, in no case and not only us, even from our slanbars. garden of the 17th century, what scientists of the national academy of sciences of belarus protect plants fro
amuse them. now i’ll tell you about it in more detail. so, the mexican authorities have pledged to provide nineteen cats to cats living in presidential nationale received permanent asset status. usually the list includes a building or furniture. granting the status means that the government is committed to providing these cats with food and caring for them for the rest of their lives. further after the resignation of the incumbent, even after the resignation of the incumbent president....
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Apr 6, 2024
04/24
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FOXNEWSW
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amusement park last week all caught on video. i like to were bitten. straight ahead here. >> so would you get two nationalrin orange tenders? i got you. three classic tenders. full butterfly shrimp forthcoming. daddy, i win. >> oh, that always a competition. i am shrimp. >> but how many times have you tried to clean a stubborn mess but end up with no. >> what you need is the all new waterproof ruby horsepower, the new cordless and rechargeable power scrubber that cleans faster and easier. guaranteed. watch. baked on oven grease is no match. it easily blasts away dirt and grime in no time. the power comes from our rotating brushes spinning at 350 rpm. the incredible torque fights calcium. so mildew, mold and more. forget harsh chemicals, just plain water. horsepower can clean bathroom tiles tubs back to their original shine and luster. it's a game changer in the kitchen where it busts through caked don crud. take it outside and tackle tough tasks with ease. how is horsepower? we took this distressed 100 year old antique and restored it to like new with horsepower. amazing. get your ruby horsepower scrubber
amusement park last week all caught on video. i like to were bitten. straight ahead here. >> so would you get two nationalrin orange tenders? i got you. three classic tenders. full butterfly shrimp forthcoming. daddy, i win. >> oh, that always a competition. i am shrimp. >> but how many times have you tried to clean a stubborn mess but end up with no. >> what you need is the all new waterproof ruby horsepower, the new cordless and rechargeable power scrubber that cleans...
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Apr 13, 2024
04/24
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GBN
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eye 24
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to between the races and plenty to keep people amused, but also on the track, some fantastic racing. it looks a brilliantly set up, very open grand nationalto it. >> brilliant. thank you so much for your time this morning. less than seven to go now till than seven hours to go now till the grand national. we'll be bringing you all the latest at hopefully a aintree . hopefully a dry aintree. >> oh fingers crossed, fingers crossed it stays dry for you, sophie. thank you very much indeed. >> i'd love to see, our ladies at the races. oh, yeah . he at the races. oh, yeah. he always make a real effort. yeah, he just looks brilliant . whereas he just looks brilliant. whereas the fellas just shook a jacket on, don't they? >> and i bet you can't really do the same thing, can you? >> no, it's not quite the same. it's nice to see. >> yeah i love the racism. >> yeah i love the racism. >> getting all glammed up doesn't wonderful today doesn't she look wonderful today in does. our in blue. she does. does our sophie reaper very nice too. >> it's nice to have >> and it's nice to have something forward to. something to look forward to. i know lot of you pu
to between the races and plenty to keep people amused, but also on the track, some fantastic racing. it looks a brilliantly set up, very open grand nationalto it. >> brilliant. thank you so much for your time this morning. less than seven to go now till than seven hours to go now till the grand national. we'll be bringing you all the latest at hopefully a aintree . hopefully a dry aintree. >> oh fingers crossed, fingers crossed it stays dry for you, sophie. thank you very much...