Paramount Global receives competing bid of up to $43B from Apex Capital
Investment firm Apex Capital Trust said Wednesday it had submitted a competing proposal to acquire Paramount Global for up to $43 billion in an all-cash deal. Paramount has a 45-day “go-shop” period during which it can secure new deals following its merger deal with David Ellison’s Skydance Media. Paramount and National Amusements did not immediately […]
Ex-Warner Music chairman Edgar Bronfman Jr. still pursuing bid for Paramount despite Skydance deal: report
Former Warner Music Chairman Edgar Bronfman Jr. is in talks with bankers about a possible bid for Paramount Global’s parent company, National Amusements. Axios reported Tuesday, citing sources. David Ellison’s Skydance Media struck a deal to buy Paramount earlier this month that included a 45-day “negotiation period” to find better terms. If Paramount receives another […]
‘Not Going To Get Into Specifics’: Chuck Schumer Dodges Question On Whether He Pressured Biden To Drop 2024 Bid
Democratic Senate Majority Leader Chuck Schumer on Sunday dodged a question from CBS News host Robert Costa about whether he pressured President Joe Biden to not run for reelection in 2024. Schumer appeared on “Face the Nation” to discuss where the party is headed following Biden’s withdrawal from the race last weekend. Costa began by […]
JD Vance gets Secret Service code name ‘Bobcat,’ joins ‘Mogul’ in bid to take White House
As the Secret Service continues to face intense scrutiny and criticism following the near-assassin’s bullet death of former President Donald Trump in Butler, Pennsylvania on July 13, the agency has reportedly given his running mate, Sen. J.D. Vance, a new code name. The Ohio Republican senator is President Trump’s running mate as the 45th president […]
Charles Barkley says he has ‘spoken to all 3 networks’ during TNT’s dispute with NBA over media rights bid
of The NBA rejected the bid. Warner Bros. Discovery (WBD) on Wednesday exercised its right to match Amazon’s offer for its portion of the league’s 11-year, $76 billion media rights deal. Less than 48 hours after the announcement, TNT’s parent company, WBD, filed a private lawsuit in New York County Supreme Court. Charles Barkley The […]
‘Historic Candidacy’: Major Green Activist Orgs Back Kamala Harris’ 2024 Bid
A group of powerful green activist organizations are falling in line behind Vice President Kamala Harris’ bid for the White House, and in some cases are calling for even more stringent policies should she win in November. The Sierra Club, the Natural Resources Defense Council (NRDC) Action Fund, the League of Conservation Voters (LCV) Action […]
Appeals court sets schedule for DOJ bid to revive Trump classified documents case
A federal appeals court on Thursday set the timeline for the Justice Department‘s efforts to revive the classified documents case against former President Donald Trump after it was dismissed at the district court level earlier this month. The U.S. Court of Appeals for the 11th Circuit said special counsel Jack Smith‘s opening briefs will be due […]
Theater workers’ union opposes casino bid for Times Square
The HOV might get caught on the hook. The union representing the majority of Broadway theater employees wants to scrap a “blueprint” for a Times Square casino project backed by rapper Jay-Z. “A casino in New York would add a new dimension to New York City’s vibrant entertainment industry, but locating it in the middle […]
NBA rejects Warner Bros. Discovery media rights bid; TNT broadcasts to likely cease after next season
The NBA’s television rights situation has become a hot topic due in part to the popularity of “Inside the NBA,” a long-running studio show featuring Ernie Johnson and former NBA great Charles Barkley. Shaquille O’Neal And Kenny Smith. Despite being one of the league’s media partners for the past few decades, TNT’s parent company Warner […]
Biden backs Harris, pushes Supreme Court ‘reform’ in ‘pass the torch’ speech about ending 2024 bid
Addressing the nation on Wednesday for the first time since dropping out of the 2024 presidential race, President Biden said he was passing the baton to a “new generation” and renewed his support for Vice President Kamala Harris’ campaign for the Democratic nomination. “I’ve decided the best way to move forward is to hand the […]