Paramount Global disclosed on Friday that it will pay $122.5 million to settle lawsuits from Viacom shareholders arising from the company’s merger with CBS. In a securities filing, the company ...

The settlement comes a month after the company agreed to pay $122.5M in another suit related to the merger. By Alex Weprin Senior Editor Another lawsuit connected to the 2019 merger of CBS and Viacom ...

Paramount Global has agreed to settle a shareholder lawsuit that claimed that the 2019 CBS-Viacom merger was unfair for shareholders. According to a securities filing Friday, Paramount will pay the ...

In their last outings as leaders of ViacomCBS, the executive team led by Shari Redstone and Bob Bakish finally started to sound like they have a solid plan to compete in streaming. On the day ...

Raffaele Annecchino explains why the conglomerate is combining a global vision with local market-by-market execution, teaming with the likes of Sky, Canal+ and CJ ENM, the role of tentpole content and ...

Paramount Global (NASDAQ:PARA) has agreed to pay $122.5 million in a lawsuit settlement claiming that the CBS-Viacom merger was unfair to shareholders. The company revealed that it has agreed to ...

ViacomCBS will change its corporate name to Paramount as of Feb. 16, calling the move an effort to adopt “an iconic global name” to reflect the conglomerate’s increasingly worldwide focus. The company ...

Redstone and Bakish wrote, “As Paramount, our name will reflect who we are, what we aspire to be, and all that we stand for. It will help advance our strategy of harnessing all our strength and ...

is The Verge’s executive editor. He has covered tech, policy, and online creators for over a decade. ViacomCBS is getting a new name: Paramount. The media behemoth — which was created through the ...

ViacomCBS has renamed itself Paramount in a nod to the company’s historic moviemaking past — and its streaming future. Chairwoman Shari Redstone announced the name change this week during a virtual ...

Paramount Global will pay $122.5 million to settle a lawsuit claiming the 2019 CBS-Viacom merger was unfair to shareholders, the company said in a filing Friday. The settlement is still subject to ...

Paramount Global has agreed to pay $122.5 million to settle a 3-year-old lawsuit brought by several large investment funds that believed the company pushed through the 2019 merger of Viacom and CBS at ...