Paramount Skydance has the inside track to acquire Warner Bros. Discovery, according to well-placed media executives and it’s all about a cable network that has a troubled relationship with Donald Trump.
Tag: paramount
Paramount shares jumped more than 10% Tuesday after the company’s third-quarter earnings report and a strategy update from CEO David Ellison and his management team. The stock topped $16. 90, its highest level in two weeks, midway through the session. Trading volume on the Veterans Day holiday was lighter than average. Shares are up almost 50% [.].