Paramount Global's debt rating was cut to junk status by credit-rating agency S&P Global, which cited the media conglomerate's ongoing challenges with free cash flow generation relative to its debt.
The three-man office of the CEO offered a plan to sell the Paramount lot, slash headcount and maybe even sell Pluto TV.
In a surprise move, Sony Pictures is in talks to join Apollo in a joint bid to purchase Paramount Global. It sometimes seems as if the film production company landscape is one big merger, and the ...
Fatima Attarwala is a business news writer and editor with a decade of experience researching, analyzing, and commenting on issues influencing the economy. PATRICK T. FALLON / AFP / Getty Images ...
The terms of the new deal would provide Paramount shareholders with an investment to pay down debt and buy back stock. By Benjamin Mullin and Lauren Hirsch With the fate of Paramount hanging in ...
Tom Ryan co-founded the free, ad-supported streaming service Pluto TV, which launched 10 years ago with a linear TV-like grid and a cluster of “live” channels stocked with online videos.
The S&P global rating agency downgraded its rating on Israel's long-term debt amid regional tensions, it said in a statement issued late Thursday, just before reports of an Israeli revenge attack ...
The national debt has been getting more press lately as America prepares for the November election. It's of particular concern after it swelled during the COVID-19 pandemic like an expandable ...
Moody's maintained France's sovereign rating at "Aa2" with a stable outlook. Fitch, which downgraded its rating for France last year, left it unchanged at "AA-" with a stable outlook. The ...
Paramount Global’s debt rating was cut to junk status by credit-rating agency S&P Global, which cited the media conglomerate’s ongoing challenges with free cash flow generation relative to its debt. S ...