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Paramount To Receive Cash Infusion To Pay Off Debt in Skydance s $5B All-Stock Deal
Skydance might separately offer Paramount a significant cash infusion to strengthen its financial position and assist in debt reduction. Read more.
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Paramount Struggles to Transition from Traditional Television to Streaming, Cuts 800 Employees in Cost-Cutting Measure
Paramount’s CEO Bob Bakish told employees that the workforce reduction is part of cost-cutting measures to “build our momentum and execute our strategic vision for the year ahead.” Read more.
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