
Paramount Delays Town Hall Amid M&A Speculation and Strategic Shifts
Paramount Global has postponed an all-employee town hall to June 25 amid ongoing M&A speculation, including a potential takeover by Skydance. The delay aims to provide more clarity on the company's future. During the annual meeting, the three co-CEOs presented a new strategic plan involving cost-cutting and seeking a streaming partner, which will be implemented if no M&A deal is finalized.
