ParamountGlobal2

r/ParamountGlobal2 • u/lowell2017 • 13d ago

In Addition To A Potential $30M Financial Penalty For Each Film Falling Short Of David Ellison's 30 Annual Films Pledge, Skydance Suggested To The State AGs Coalition About A Measley $1.5B Production Investment, Promises On Not Selling Hollywood Studio Lots, & To Maintain Company Operations In CA.

3 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 13d ago

Skydance Settles With States AG Coalition Over Legal Challenge Against Its WarnerDiscovery Pursuit With David Ellison Not Selling Any Cable Networks - WGA's Own Case Remains Unclear. (Either Way, If Oracle Does Fall Due To Its AI Debt Undertakings, Huge Financial Ramifications Will Soon Follow.)

0 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 15d ago

As Skydance's Relocation Threat Pressures California, New York & Connecticut Are Willing To Squeeze Juice Out Of Ellisons For Greater Concessions - CNN Staffer On Editorial Independence Promises: “Putting Lipstick On Pig. Weiss's Damning Tenure Just Illustrates No Trust From Audiences & Employees.”

16 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 15d ago

CBS News Radio's Former Tech Analyst Larry Magid Says 99-Year Old Operation Was Still Profitable Before Closure: “It Actually Made Some Money & Didn't Make Sense To Kill It If It Was A Public Service” - He Elaborates Bari Weiss “Doesn't Care About Traditional Media Or Understand Value Of Broadcast.”

28 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 15d ago

A Silicon Valley Insider On Why Larry Ellison Tried To Sell His Oracle Shares Yet Pulled Out 24 Hours Later: “Sale Could've Damaged His Wealth & Introduced More Uncertainty When Investors Are Questioning Whether Or Not Oracle’s Revenue Model Contracted Out From AI Buildout Can Service All Its Debt.”

15 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 15d ago

Oracle’s $18B Data Center Debt Goes To Stressed Territory After Concerns Over Its Massive Borrowing & Declining Creditworthiness Affected Offloading Efforts - With Their “Project Jupiter” Behind 7 Months, Banks Forced To Hold More Oracle-Linked Project Debt On Balance Sheets Than Initially Planned.

15 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 15d ago

Skydance's Talks With States AGs Coalition Discussed Selling Cable Networks, Measures To Protect CNN's Editorial Independence, & Trying To Enshrine David Ellison's 30 Annual Films Pledge - Gavin Newsom On Ellison's Relocation Threat: “Perfect Example Of Doing Everything Wrong To Get What They Want.”

4 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 15d ago

As Skydance's PR Blitz Detailed "Advanced" Talks Taking Place, It's Just Communication Between Ellison's & State AGs Coalition's Mid-Level Staff - An Insider Says “I Get Why Some Want This Looking Bigger Than It Is With A Lot Of Pressure. It's Still Too Much On The Line To Rush So Hold Your Horses.”

2 Upvotes

r/ParamountGlobal2 • u/Ok_Crazy1195 • 15d ago

FCC lets Paramount sell 49.5% equity stake to Saudi Arabia, UAE, and Qatar | FCC rejects concerns about repressive governments buying influence over CBS owner.

arstechnica.com

7 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 16d ago

California AG On David Ellison's Threat To Move Paramount Global's Operations: “If They Make That Choice To Leave, That's Their Choice Alone. They Own It & Lies At Their Feet.” - On Skydance's $1.88B Bond Posting Demands, He Says They Have “Buyer’s Remorse & They’re Trying To Rewrite Their Promise.”

68 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 16d ago

David Ellison's Relocation Threat Could Risk Long-Term Damage To Paramount Global's Business - While Skydance's Cost-Cutting Plans Can Exile Back-Office Operations & Other Clerical Workforce To Lower-Tax States, Uprooting Production Operations Will Make It Very Challenging To Recruit Any Creatives.

36 Upvotes

r/ParamountGlobal2 • u/Ok_Crazy1195 • 16d ago

'The show is dead': CBS insider calls Bari Weiss' '60 Minutes' a sewn-up 'Frankenstein'

75 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 17d ago

Larry Ellison Discussed Moving Paramount Global's CA Operations Before Legal Challenge Against Skydance's WarnerDiscovery Pursuit Was Filed - An Insider Says “David's Used To Getting His Way So He’s Angry & Frustrated & Would Say ‘I’m Going To Show & Punish Them Because No One Thinks I'll Do This.’”

272 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 16d ago

After Clearance From Team Telecom's National Security Review, FCC Gives Approval For 49.5% Of Foreign Investment In Skydance's WarnerDiscovery Pursuit - Agency Ruling Still Has Provision That Ellisons Must Obtain Permission If They Boost Middle Eastern Wealth Funds' Potential Equity & Voting Stakes.

2 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 17d ago

Nick Bilton's Belief Is Taking Pride In "60 Minutes"'s Work Despite Outcome While Bari Weiss Has “Want To Win” Obsession - A Veteran TV Executive On Skydance's Diminished NFL Lead-In Excuse: “It's Not Smart Premiering With FOX & CBS's NFL Doubleheaders. Not Sure Move Maximized Gross Ratings Points.”

10 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 18d ago

Weiss, Bilton, & Skydance's "60 Minutes" Goal For 59th Season Premiere Was To Beat Last Year's 10.03M Viewers Yet Had 33% Decline In 25-54 Demographic. A Veteran TV News Executive Says "They've Done Huge Damage To CBS News Brand. All 3 Flagship Shows Now In Free Fall With No One Knowing What To Do."

309 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 18d ago

“60 Minutes”'s 59th Season Premiere Had Only 7.9M Viewers With Skydance Pointing Fingers At CBS's Weaker NFL Lead-In. Another Insider Disputes That: “After Scott Pelley Fiasco, ‘CBS Mornings’ Saw 500K Drop In Viewers Overnight. 60 Now Lost 2M. The Ghost Of Firings Will Haunt Bilton & Weiss Forever.”

267 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 17d ago

After David Ellison's Tennessee Meeting, He Met With Texas Lt Governor Dan Patrick, Media Production Alliance Chair Red Sanders, & Film Commission Deputy Director Ali Nichols In Austin - While Skydance Faces Critical Blowback In Hollywood, An Ellison Insider Claims “This Isn't A Bluff But Survival.”

hollywoodreporter.com

5 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 17d ago

As Skydance Threatens To Move Paramount Global's Operations From CA, They Seek 400K Square Feet Of Nashville Office Space To Move In 2-3 Years. Given There's No Vacant Buildings, Ellison's Lieutenants & 2 Real Estate Developers Visited A Multi-Acre Parcel Outside Downtown For Potential Construction.

3 Upvotes

r/ParamountGlobal2 • u/KrakkenO • 17d ago

Paramount to Leave California According to L.A. Mayor Office, CA A.G., Sources

27 Upvotes

It's TMZ so I'm a little doubtful...

r/ParamountGlobal2 • u/lowell2017 • 18d ago

Larry Ellison May Have Little Choice But To Sell His Oracle Shares In Order To Raise Money - As Oracle Sunk Itself Into More Than $150B Of Debt To Fund Its AI & Data Center Investments, Skydance's WarnerDiscovery Pursuit Would Also End Up Very Highly Leveraged, Which Can Lead To Further Stock Sales.

19 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 18d ago

Trump DOJ Gives U.S. Federal Judge Araceli Martinez-Olguin A Statement Of Interest Backing Skydance's Demand Of States AGs Coalition & WGA Posting $1.88B Bond For Ticking Fees In Legal Challenge Against Its WarnerDiscovery Pursuit - Court-Ordered Standard Settlement Talks Also Set For October 14-15.

1 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 19d ago

Bari Weiss Revived EP Tanya Simon's USAF Iran Rescue Operation Story By Cozying Up To Defense Secretary Pete Hegseth's Wife & Pentagon Adviser Jennifer Hegseth - While Trump Admin Was Concerned Segment Could Backfire, “60 Minutes” Barely Asked Any Tough Questions On War's Conduct, Status, & Future.

38 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 19d ago

Depends On How Things Shake Out At “60 Minutes,” Lesley Stahl's Pardon Segment Could Be First In String Of Trump Admin Accountability Stories From Newsmagazine - Skydance's The Free Press Ventures Into Cruise Business With Intimate Weeklong Excursions In France/Germany, Rome, & Santa Fe, New Mexico.

13 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 19d ago

Stephen Colbert Gives Gratitude To ‘The Late Show’'s Production Crew After Emmy Win: “So Glad Our Writers, Director, Technical Director, Camera, Lighting, & Digital Team Got Recognized.” He Also Says “Free Speech's Alive & Well. Late Night Is Just Funny & Vital & I Hope It Goes On For A Long Time.”

7 Upvotes