Paramount Global Co-CEOs to Unveil Shareholder Strategy

Paramount Global's new co-CEOs will present their strategic vision to shareholders amid ongoing merger discussions with Skydance Media. The meeting will be the first public address by the leadership trio since former CEO Bob Bakish's departure. Paramount is also considering a rival offer from Sony Pictures and Apollo Global Management. The potential $4.75 billion all-stock deal with Skydance includes a $1.5 billion capital infusion and a $2 billion acquisition of National Amusements, which would give Skydance CEO David Ellison voting control over Paramount.