Paramount Media Group Surges as Byron Allen Offers
Byron Allen offers to buy Paramount Global for $30 billion, causing stock to soar 26%. Company owns CBS, Comedy Central, Nickelodeon.
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Byron Allen offers to buy Paramount Global for $30 billion, causing stock to soar 26%. Company owns CBS, Comedy Central, Nickelodeon.
Paramount Global sells out commercial inventory for Nickelodeon's Super Bowl simulcast, offering unique ad opportunities for toy, retail, and food brands.
Paramount Global is reportedly planning to lay off hundreds of employees in February, with senior executives given reduction targets to hit.