Paramount Global‘s stock slumped 8% on Thursday after CNBC’s David Faber reported the company would need to raise as much as $3 billion in new equity if it were to merge with David Ellison’s Skydance Media, according to sources familiar with the deal. This deal comes as media mogul Shari …
Nelson Peltz’s proxy battle was a “distraction” and Disney can now focus on trying to turn a streaming profit and planning its succession, its CEO Bob Iger said on CNBC’s “Squawk on the Street” on Thursday, just one day after handing a stinging defeat to the activist investor. “One of …
(L to R) Chief executive officer and chairman of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange (NYSE), November 27, 2017 in New York City. Drew Angerer | Getty Images Disney shareholders on Wednesday reelected the …
Bob Iger, CEO of The Walt Disney Company, speaks during the grand opening ceremony of Shanghai Disney Resort’s Zootopia-themed attraction at Shanghai Disney Resort on December 19, 2023 in Shanghai, China. Visual China Group | Getty Images Disney’s largest shareholder, index fund manager Vanguard, plans to support management over Nelson …
The exterior of the Warner Bros. Discovery Atlanta campus is pictured after the Writers Guild of America began its strike against the Alliance of Motion Pictures and Television Producers, in Atlanta, Georgia, on May 2, 2023. Alyssa Pointer | Reuters Two Warner Bros. Discovery directors, Steven Miron and Steven Newhouse, …
Dana Walden, co-chair of Disney Entertainment Rich Polk | Getty Images In 1994, a captain of the media and entertainment industry saw something in Dana Walden that made him think she was capable of a bigger role. Thirty years later, that may happen again. That first time, the executive was …
Beyoncé Knowles-Carter has officially gone country with the release Friday of her new album, “Cowboy Carter.” The Houston native’s eighth album features 27 song tracks and guest appearances from some of country music’s biggest stars, including Willie Nelson, Miley Cyrus and Dolly Parton, whose 1973 hit “Jolene” is one of …
What inspired Beyoncé’s “Cowboy Carter”? What inspired Beyoncé’s new album “Cowboy Carter”? 05:02 Looks like Beyoncé got the message —and Dolly Parton got her wish. In a 2022 interview with Trevor Noah on The Daily Show, Parton was asked about her wish to have the “Renaissance” singer cover her iconic song …
Beyoncé’s new album, “Act Two: Cowboy Carter” dropped at midnight. The 27-song album features collaborations with different artists, including musician Robert Randolph, leader of Robert Randolph and the Family Band. “As you can see today with the release of so many songs, rightfully so, I mean she had all of …
Louis Gossett Jr., the first Black man to win a supporting actor Oscar and an Emmy winner for his role in the seminal TV miniseries “Roots,” has died. He was 87. Gossett’s cousin, Neal L. Gossett, confirmed his death to CBS News. The actor died Thursday night in Santa Monica, …