Media entrepreneur Byron Allen, Founder and Chairman of Allen Media Group, has submitted a US$30 billion offer for the debt and equity of Paramount Global.
Maria Kyriacou, President of Broadcast & Studios, International Markets at Paramount Global, is stepping down from her role after four years at the company.
Warner Bros. Discovery’s Chief Executive Officer, David Zaslav, met on Tuesday with his Paramount Global’s counterpart, Bob Bakish, to discuss a potential merger between the two companies.