Shares of Paramount Global jumped 0.6% in midday trading, reversing an earlier loss of as much as 0.7%, after The Wall Street Journal reported that the mass...
Shares of Paramount Global PARA jumped 0.6% in midday trading, reversing an earlier loss of as much as 0.7%, after The Wall Street Journal reported that the mass media company was looking into selling a majority stake in its BET Media Group. Citing people familiar with the matter, the WSJ report said Paramount was looking to boost its finances by selling off the bulk of BET Media, which includes the cable TV channels BET and VH1, so it can support its Paramount+ streaming service.
7%, after The Wall Street Journal reported that the mass media company was looking into selling a majority stake in its BET Media Group. Citing people familiar with the matter, the WSJ report said Paramount was looking to boost its finances by selling off the bulk of BET Media, which includes the cable TV channels BET and VH1, so it can support its Paramount+ streaming service.
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WSJ News Exclusive | Paramount Global Explores Sale of Majority Stake of BET Media GroupParamount is exploring a sale of a majority stake of BET Media Group, which includes the cable channels BET and VH1, people familiar with the matter said
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For Spurs and Rockets bosses, patience is paramountAs coaches of young, rebuilding and losing teams, the Spurs’ Gregg Popovich and...
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