Barry Diller's Potential Bid for Paramount Global

Billionaire Barry Diller is exploring a bid to take control of Paramount Global, which is facing financial troubles. Diller, who led Paramount Pictures in the past, has signed NDA with National Amusements. Paramount has received multiple bids and is currently being run by three co-CEOs.

National Amusements Ends Deal Discussions with Skydance Media

National Amusements, controlled by Shari Redstone, has ended deal discussions with Skydance Media, impacting Paramount Global. The failed merger talks have led to a drop in Paramount's shares.