News
Paramount Global may be broken up in big sale
The future of Paramount Global hangs in the balance as rumors of a massive merger or acquisition swirl.
Reports indicate that Apollo Global, a private-equity firm, has tabled an $11 billion bid for Paramount’s Hollywood studios, sparking speculation about the fate of the media conglomerate.
Paramount Global, helmed by CEO, comprises three key segments: filmed entertainment, TV media, and direct-to-consumer streaming.
Analysts suggest that any potential sale, whether in its entirety or in parts, could significantly reshape the entertainment landscape.
Apollo makes $11 billion bid for Paramount’s Hollywood studio
The filmed entertainment arm, contributing 10% of the company’s revenue in 2023, includes Paramount Pictures, Paramount Players, Paramount Animation, Nickelodeon Studio, Awesomeness, and Miramax.
CBS and Paramount
Notably absent from this segment are Paramount Television Studios, CBS Studios, or Showtime/MTV Entertainment Studios, which fall under the TV media division.
If Apollo’s reported bid is solely for Paramount Global’s film and TV studio business, it would encompass a treasure trove of iconic titles and franchises, such as “Mission: Impossible,” “The Godfather” trilogy, and “Indiana Jones.”
However, uncertainty looms over whether the deal includes the television studios housed within the TV media group, which boasts popular shows like “Yellowstone” and “NCIS.”
The TV media division, Paramount Global’s largest segment, consists of CBS Television Network, CBS Stations, Paramount Media Networks, BET Media Group, international free-to-air networks, and various studios.
CBS is one of America’s top four networks.
Should a buyer acquire both the filmed entertainment and television studios, the remaining TV media division would include a robust portfolio of channels and platforms but might appear “hollow” without the studio business, according to analysts.
In the realm of direct-to-consumer streaming, Paramount+ (formerly Showtime), Pluto TV, and BET+ are the key assets. While a buyer might be interested in acquiring these assets, concerns persist about content ownership and rights complexities, particularly with franchises like “Mission: Impossible” having rights sold off to partners.
News
Israel launches its new “Iron Beam” laser system
Israel’s new “Iron Beam” laser defense system to deploy by year-end, promising cost-effective missile interception.
Israel’s new “Iron Beam” laser defense system to deploy by year-end, promising cost-effective missile interception.
Israel’s Defence Ministry says its new “Iron Beam” laser system will be deployed by year’s end. The technology is designed to destroy incoming missiles, rockets, drones and mortars with precision.
Developed by Rafael Advanced Defense Systems in partnership with Elbit Systems, Iron Beam will sit alongside existing defences such as Iron Dome, David’s Sling and Arrow. Unlike traditional interceptors which can cost tens of thousands of dollars per shot, the laser comes at negligible expense.
Officials call it the world’s first high-power laser interception system to achieve operational maturity, hailing it as a game-changer for modern warfare. Military leaders expect the system to reshape air defence capabilities and cut costs dramatically.
#Israel #Defence #LaserWeapons #TickerNews
News
Stephen Colbert’s opening monologue on Jimmy Kimmel
Stephen Colbert condemns censorship and calls out Trump in powerful monologue dedicated to Jimmy Kimmel’s suspended show.
Stephen Colbert condemns censorship and calls out Trump in powerful monologue dedicated to Jimmy Kimmel’s suspended show.
Stephen Colbert’s opening monologue is being hailed as one of the most powerful moments in modern late-night history. Standing on stage at the Ed Sullivan Theatre, Colbert dedicated his show to Jimmy Kimmel and his team after ABC suspended Kimmel’s programme under pressure from Washington.
Colbert called the move “blatant censorship” and directly accused President Trump of acting like an autocrat. “With an autocrat, you cannot give an inch,” he warned, making clear that the stakes reach far beyond late-night comedy.
#StephenColbert #JimmyKimmel #FreeSpeech #TickerNews
News
Charlie Kirk was scheduled to speak at Colorado State University
Despite cancellation, 10,000 gathered at CSU to support Charlie Kirk, creating a rally-like atmosphere.
Despite cancellation, 10,000 gathered at CSU to support Charlie Kirk, creating a rally-like atmosphere.
Charlie Kirk was scheduled to speak at Colorado State University in Fort Collins, but the event was meant to be cancelled. Despite that, thousands of people still turned up to celebrate his legacy.
As many as 10,000 people turned out, showing the extent of support for the conservative activist. The crowd gathered outside CSU, creating an atmosphere more like a political rally than a cancelled speech.
#CharlieKirk #FortCollins #CampusPolitics #TickerNews
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