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National Amusements Inc

  • Thursday, 13 June, 2024
    News in-depthParamount Global
    Mission Impossible: how talks to sell Paramount turned into a Titanic flop

    Early affinity between billionaire scions Shari Redstone and David Ellison devolved into stony silence as deal collapsed

    Montage of Shari Redstone, David Ellison, Paramount logo and still image from the Top Hun and Mission Impossible films
  • Wednesday, 12 June, 2024
    LexParamount Global
    Blame the Paramount fiasco on its dual-class shares Premium content

    Shari Redstone’s 5% economic stake but 77% voting stake had been the rub in trying to close a deal

    Shari Redstone outdoors wearing sunglasses
  • Wednesday, 12 June, 2024
    Redstone ends talks with Skydance over deal to control Paramount

    Decision to halt chaotic sale process has left future of storied Hollywood group hanging in the balance

    Shari Redstone
  • Sunday, 5 May, 2024
    Paramount Global
    James Cameron and Ari Emanuel back Skydance bid for Paramount

    Endorsements from Hollywood’s biggest names come as Sony and Apollo push rival $26bn offer

    A scene from ‘Titanic’
  • Tuesday, 30 April, 2024
    Due Diligence
    Redstone’s new Paramount and Skydance merger offer Premium content

    Plus, Exor scores big on Philips bet and private equity navigates Gaza war protests in south-east Asia

    The Due Diligence logo
  • Wednesday, 3 April, 2024
    Paramount Global
    Skydance in exclusive merger talks with Paramount

    Potential sale comes after Apollo’s $26bn offer was rebuffed

  • Thursday, 21 March, 2024
    Paramount Global
    Redstone prefers rival deal to Apollo’s $11bn Paramount studio bid

    David Ellison’s Skydance is negotiating for a stake in holding company National Amusements

    Shari Redstone
  • Friday, 2 February, 2024
    News in-depthParamount Global
    Redstone and Ellison plot complex finale to Paramount family drama

    Interest from Skydance and other bidders could split shareholders in studio behind ‘The Godfather’

    A montage of Shari Redstone and David Ellison with the Showcase cinema in Massachusetts in the background
  • Tuesday, 13 August, 2019
    CBS Broadcasting
    CBS strikes deal to reunite with Viacom

    Two halves of historic media empire reunite to take on competitors

    Shari Redstone, chairman and chief executive officer of Cinebridge Ventures Inc., speaks during the New York Times DealBook conference in New York, U.S., on Thursday, Nov. 10, 2016. The event brings together CEOs, leading figures in finance, and experts from diverse industries to assess the challenges and opportunities that will define the deal world of tomorrow. Photographer: Michael Nagle/Bloomberg
  • Thursday, 17 January, 2019
    CBS Broadcasting
    Ousted CBS chief Les Moonves to fight for $120m severance

    US media company had denied payout after sexual misconduct allegations

    FILE - In this Sept. 19, 2017, file photo, Les Moonves, chairman and CEO of CBS Corporation, poses at the premiere of the new television series "Star Trek: Discovery" in Los Angeles. Moonves will not receive his $120 million severance package after the company's board of directors determined he was fired "with cause" over sexual misconduct allegations. The board said Monday, Dec. 17, 2018, it reached its decision after finding that Moonves failed to cooperate fully with investigators looking into the allegations. The board also cited what it called Moonves' "willful and material misfeasance," violation of company policies and breach of his contract. (Photo by Chris Pizzello/Invision/AP, File)
  • Tuesday, 11 December, 2018
    CBS Broadcasting
    CBS shareholders silent on Moonves at meeting

    Tumult at television network left unaired in first meeting since abuse scandal

    Protesters stand outside the site of the CBS shareholder's meeting in New York, Tuesday, Dec. 11, 2018. The meeting in New York wrapped up quickly after 11 board members were elected. The new board has until the end of January to decide whether former CEO Les Moonves, who was ousted in September after multiple allegations of sexual misconduct, will receive his $120 million severance package. (AP Photo/Seth Wenig)
  • Tuesday, 18 September, 2018
    US & Canadian companies
    Viacom strikes Nickelodeon deal with Netflix

    US group to produce exclusive series for streaming service

    NEW YORK, NY - AUGUST 20: President and Chief Executive Officer of Viacom Bob Bakish attends the 2018 MTV Video Music Awards at Radio City Music Hall on August 20, 2018 in New York City. (Photo by Nicholas Hunt/Getty Images for MTV)
  • Tuesday, 11 September, 2018
    US & Canadian companies
    Viacom’s Shari Redstone rises in media mogul ranks

    With Les Moonves ousted at CBS, scion of billionaire founder wins battle for control

    Shari Redstone
  • Monday, 10 September, 2018
    Mergers & Acquisitions
    Les Moonves’ $120m severance hinges on CBS probe

    Company will keep money if sexual harassment investigation finds cause to dismiss him

    FILE - In this Sept. 19, 2017 file photo, Les Moonves, chairman and CEO of CBS Corporation, poses at the premiere of the new television series "Star Trek: Discovery" in Los Angeles. The Wall Street Journal is reporting that Moonves is negotiating with independent directors of CBS’ board for a possible exit. (Photo by Chris Pizzello/Invision/AP, File)
  • Monday, 10 September, 2018
    US & Canadian companies
    Les Moonves resigns as CBS chief executive

    Departure follows fresh allegations by several women of assault and sexual misconduct

    FILE - In this Sept. 19, 2017 file photo, Les Moonves, chairman and CEO of CBS Corporation, poses at the premiere of the new television series "Star Trek: Discovery" in Los Angeles. The Wall Street Journal is reporting that Moonves is negotiating with independent directors of CBS’ board for a possible exit. (Photo by Chris Pizzello/Invision/AP, File)
  • Monday, 30 July, 2018
    US & Canadian companies
    CBS retains Moonves but launches inquiry into sex allegations

    Board hires outside counsel to investigate misconduct claims against CEO

    Leslie "Les" Moonves, president and chief executive officer of CBS Corp., speaks at the Milken Institute Global Conference in Beverly Hills, California, U.S., on Wednesday, May 3, 2017. The conference is a unique setting that convenes individuals with the capital, power and influence to move the world forward meet face-to-face with those whose expertise and creativity are reinventing industry, philanthropy and media. Photographer: David Paul Morris/Bloomberg
  • Thursday, 17 May, 2018
    Media
    CBS board seeks court approval for special dividend
  • Thursday, 17 May, 2018
    Media
    Judge rules against CBS in clash with Redstone

    Shares fall more than 7% after judge blocks effort to restrain controlling family

    Shari Redstone, chairman and chief executive officer of Cinebridge Ventures Inc., speaks during the New York Times DealBook conference in New York, U.S., on Thursday, Nov. 10, 2016. The event brings together CEOs, leading figures in finance, and experts from diverse industries to assess the challenges and opportunities that will define the deal world of tomorrow. Photographer: Michael Nagle/Bloomberg
  • Wednesday, 16 May, 2018
    Mergers & Acquisitions
    Restraining order granted ahead of CBS-National Amusements decision
  • Tuesday, 15 May, 2018
    The FT ViewUS & Canadian companies
    A dysfunctional family reunion at CBS/Viacom

    Sooner or later, dual-class share structures cause difficulties

    FILE- In this March 29, 2017, file photo, Shari Redstone attends the premiere of "Ghost in the Shell" at AMC Loews Lincoln Square in New York. CBS is suing its controlling shareholder as part of its long-running attempt to avoid a combination with Viacom. The majority shareholder of both companies is National Amusements. The holding company is run by Shari Redstone, the daughter of media mogul Sumner Redstone. (Photo by Evan Agostini/Invision/AP, File)
  • Monday, 14 May, 2018
    US & Canadian companies
    CBS sues Redstones in attempt to block merger with Viacom

    Media group moves to halt controlling shareholder’s latest effort in long-running battle

    Leslie "Les" Moonves, president and chief executive officer of CBS Corp., speaks at the Milken Institute Global Conference in Beverly Hills, California, U.S., on Wednesday, May 3, 2017. The conference is a unique setting that convenes individuals with the capital, power and influence to move the world forward meet face-to-face with those whose expertise and creativity are reinventing industry, philanthropy and media. Photographer: David Paul Morris/Bloomberg
  • Wednesday, 18 April, 2018
    US & Canadian companies
    CBS weighs legal risks of increased Viacom bid

    Shareholders could challenge Shari Redstone’s effort to reunite family media empire

    LOS ANGELES, CA - JANUARY 26: Shari Redstone, Vice Chair of the Board of Directors for Viacom, Inc attends the Viacom Hollywood Office Grand Opening on January 26, 2017 in Los Angeles, California. (Photo by Jesse Grant/Getty Images for Viacom)
  • Wednesday, 4 April, 2018
    US & Canadian companies
    Viacom rejects CBS’s below-market takeover

    Weeks of talks expected on proposal to reunite companies separated 13 years ago

    Shari Redstone, vice chairman of Viacom Inc., gestures as she arrives for the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Tuesday, July 11, 2017. The 34th annual Allen & Co. conference gathers many of America's wealthiest and most powerful people in media, technology, and sports. Photographer: David Paul Morris/Bloomberg
  • Monday, 2 April, 2018
    US & Canadian companies
    CBS set to make below-market bid for Viacom

    A deal would reunite Sumner Redstone-controlled companies 13 years after they split

    CBS Chairman Sumner Redstone, right, talks with CBS CEO Les Moonves, on the bell podium before Redstone rang the New York Stock Exchange opening bell, Tuesday Jan. 3, 2006. Viacom is separating into two publicly traded companies: CBS Corp., which will contain the CBS network, a group of affiliated TV stations and the Infinity radio broadcaster; and another company, which will keep the Viacom name and include MTV, VH1, several other cable networks and the Paramount movie studio. (AP Photo/Richard Drew)
  • Monday, 5 February, 2018
    The FT ViewUS & Canadian companies
    Content kings bet that scale is key to survival

    A Viacom-CBS reunion would be just the latest flight to scale

    CBS Corp. signage is displayed outside of the company's headquarters in New York, U.S., on Saturday, April 30, 2016. CBS Corp. is scheduled to report quarterly earnings figures on May 3. Photographer: Michael Nagle/Bloomberg
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