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Paramount Global

12.00

+0.08000.67%

Post-market: 11.97-0.0301-0.25%19:31 EDT

Volume:4.61M

Turnover:55.15M

Market Cap:8.09B

PE:-1.46

High:12.02

Open:11.91

Low:11.88

Close:11.92

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Overview Company News Filings

US Equities Markets End Lower Tuesday as Traders Parse Fed Official's Comments

MT Newswires Live

“Could Violate Federal Anti-Bribery Laws”: Paramount Stock (NASDAQ:PARA) Notches up Despite Another Senate Sweep

Sector Update: Consumer Stocks Mixed Tuesday Afternoon

MT Newswires Live

Top Midday Stories: Musk Says He is Committed to Being Tesla CEO for Next 5 Years; Home Depot Maintains Fiscal 2025 Guidance

MT Newswires Live

Analysts’ Opinions Are Mixed on These Communication Services Stocks: Zillow Group Class A (ZG) and Paramount Global Class B (PARA)

Market Chatter: Paramount Chair Questioned by Senators About Efforts to Settle Trump's CBS News Lawsuit

MT Newswires Live

PRESS DIGEST -Wall Street Journal - May 20

PRESS DIGEST-New York Times business news - May 20

Paramount Stock (NASDAQ:PARA) Notches up After CBS News CEO Exits

CBS News Chief to Leave as Tension Persists Over Paramount's Trump Fight -- WSJ

CBS News Head Wendy McMahon Reportedly to Step Down

MT Newswires Live

CBS News chief stepping down as Paramount seeks to settle Trump suit

BRIEF-Wendy McMahon To Step Down As President And CEO Of CBS News, Memo Shows

CBS News President McMahon to step down, memo shows

Wendy Mcmahon to Step Down as President and CEO of Cbs News and Stations and Cbs Media Ventures - Memo Seen by Reuters

THOMSON REUTERS

“Expected Mass Layoffs”: Paramount Stock (NASDAQ:PARA) Slips as CBS News Pares Staff

Will a Charter-Cox merger prove that bigger is better in a fast-declining cable marketplace?

BRIEF-Paramount Global Enters Amendment No. 5 To Credit Agreement

Paramount Global Amends Credit Agreement with Major Financial Institutions, Expands Definition of Consolidated EBITDA

Paramount Global - Enters Amendment No. 5 to Credit Agreement - SEC Filing

THOMSON REUTERS

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The lawsuit has become a potential roadblock to the merger, the Journal reported.President Trump's $2 billion lawsuit against CBS News alleges an interview aired on \"60 Minutes\" with the former Vice President and 2024 Democratic presidential candidate Kamala Harris in October was deceptively edited to make her sound better. 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Reuters has not verified these stories and does not vouch for their accuracy","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250520:nL4N3RS0IN:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive,shareholding,event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4588","LU2106854487.HKD","LU2468319806.SGD","PARA","TXNM","LU0882574055.USD","LU0320765992.SGD","LU0289739699.SGD","LU2362541513.USD","BX","LU0052756011.USD","BK4125","LU2362541273.HKD","BK4135","IE00BLSP4239.USD","BK4139","IE00BBT3K403.USD","LU2089984988.USD","LU2023250504.SGD","LU0823434740.USD","LU0889565916.HKD","LU0823434583.USD","LU1917777945.USD","PGRE","LU0310800965.SGD","LU1974910355.USD","LU1267930227.SGD","LU0128525689.USD","LU0823416689.USD","LU2237438978.USD","LU2362540622.SGD","LU0109394709.USD","LU0053666078.USD","BK4081","IE00B3QW5Z07.USD","IE00B64PRP62.GBP","BK4585","REGN","LU0058720904.USD","IE0004445239.USD","BK4223","BK4194","IE00BLSP4452.SGD","LU0114720955.EUR","IE00BGHQF748.EUR","IE00BN8TJ469.HKD"],"gpt_icon":0},{"id":"2536021669","title":"PRESS DIGEST-New York Times business news - May 20","url":"https://stock-news.laohu8.com/highlight/detail?id=2536021669","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536021669?lang=en_us&edition=fundamental","pubTime":"2025-05-20 12:52","pubTimestamp":1747716729,"startTime":"0","endTime":"0","summary":"PRESS DIGEST-New York Times business news - May 20May 20 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch f","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250520:nL4N3RS0DS:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0505663152.USD","LU0051755006.USD","LU0130518102.USD","LU0359201885.HKD","LU0980610538.SGD","LU1201861165.SGD","LU2097828631.EUR","LU2153592121.USD","LU0328353924.USD","LU0823414478.USD","LU1880383440.USD","LU1997245094.SGD","LU0516422952.EUR","LU0128522157.USD","03750","LU1769817179.HKD","LU1655091616.SGD","LU1997245177.USD","EVS.SI","LU0320764755.SGD","LU0228659784.USD","LU1201861249.SGD","LU0006061336.USD","SGXZ81163826.USD","LU0130102774.USD","LU0823426308.USD","BK4555","LU1188198961.HKD","GM","LU2153591404.USD","LU1023057109.AUD","LU0823426480.USD","LU1861219969.SGD","LU0509642566.USD","IE00B8HQ1Z84.USD","LU0359202008.SGD","LU1770034418.SGD","LU0828238088.HKD","LU2506951792.HKD","PARA","LU1515016050.SGD","LU1831875114.USD","LU2778985437.USD","300750","LU0455707207.USD","LU0314109678.HKD","LU1880383366.USD","LU1934453819.USD","LU1064131003.USD","LU0572944931.SGD"],"gpt_icon":1},{"id":"2536637517","title":"Paramount Stock (NASDAQ:PARA) Notches up After CBS News CEO Exits","url":"https://stock-news.laohu8.com/highlight/detail?id=2536637517","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536637517?lang=en_us&edition=fundamental","pubTime":"2025-05-20 03:59","pubTimestamp":1747684750,"startTime":"0","endTime":"0","summary":"Another bit of big news for entertainment giant Paramount ($PARA) and its increasingly controversial CBS News division. Last week, we found that a ...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/paramount-stock-nasdaqpara-notches-up-after-cbs-news-ceo-exits?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/paramount-stock-nasdaqpara-notches-up-after-cbs-news-ceo-exits?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4125","LU0310800965.SGD",".IXIC","LU2095319765.USD","NDAQ","BK4112","NQmain","IE00B64PRP62.GBP","LU2210149790.SGD","MNQmain","IE00B3QW5Z07.USD","USJW.SI","TQQQ","BK4585","USAW.SI","TSYW.SI","QLD","NVIW.SI","LU0052756011.USD","SQQQ","PARA","IE00BKPKM429.USD","LU1267930227.SGD","QID","LU2210150020.SGD","IE00BGHQF748.EUR","BK4588","LU0128525689.USD","PSQ"],"gpt_icon":0},{"id":"2536631888","title":"CBS News Chief to Leave as Tension Persists Over Paramount's Trump Fight -- WSJ","url":"https://stock-news.laohu8.com/highlight/detail?id=2536631888","media":"Dow Jones","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536631888?lang=en_us&edition=fundamental","pubTime":"2025-05-20 01:03","pubTimestamp":1747674180,"startTime":"0","endTime":"0","summary":"CBS News Chief Executive Wendy McMahon is exiting the company, the latest high-ranking departure from a network embroiled in a lawsuit with President Trump over how a \"60 Minutes\" interview with Kamala Harris was edited.Parent company Paramount Global is working to settle President Trump's $20 billion lawsuit against CBS News, a resolution the company's controlling shareholder, Shari Redstone, sees as necessary to complete her merger with Skydance Media. Redstone has become an increasingly vocal critic of CBS News.Paramount Global Co-CEO and CBS Chief George Cheeks  announced McMahon's departure to Paramount's board on Sunday, people with knowledge of the meeting said.In a memo to staff, McMahon said, \"the past few months have been challenging. It's become clear that the company and I do not agree on the path forward.\". No successor for McMahon was named. CBS News president Tom Cibrowski will now report directly to Cheeks. An ABC News veteran, Cibrowski joined CBS in January.Redstone's","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4125","LU0052756011.USD","PARAA","BK4588","LU0310800965.SGD","LU0128525689.USD","PARA","BK4223","LU1267930227.SGD","PGRE","BK4585","BK4194"],"gpt_icon":0},{"id":"2536396666","title":"CBS News Head Wendy McMahon Reportedly to Step Down","url":"https://stock-news.laohu8.com/highlight/detail?id=2536396666","media":"MT Newswires Live","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536396666?lang=en_us&edition=fundamental","pubTime":"2025-05-20 00:35","pubTimestamp":1747672557,"startTime":"0","endTime":"0","summary":"Wendy McMahon, who is president and chief executive of Paramount Global-owned  CBS News, is stepping down from her role, multiple media reports said Monday.In a memo to CBS News staff McMahon said she and the company are in disagreement \"on the path forward.\" McMahon was named as CEO of CBS News in 2023, the reports said.PARA shares were edging 0.6% lower in recent trading.Price: 11.64, Change: -0.06, Percent Change: -0.56","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["PARA","LU0128525689.USD","BK4125","BK4588","LU0310800965.SGD","LU0052756011.USD","LU1267930227.SGD","BK4585"],"gpt_icon":0},{"id":"2536367616","title":"CBS News chief stepping down as Paramount seeks to settle Trump suit","url":"https://stock-news.laohu8.com/highlight/detail?id=2536367616","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536367616?lang=en_us&edition=fundamental","pubTime":"2025-05-20 00:17","pubTimestamp":1747671435,"startTime":"0","endTime":"0","summary":"UPDATE 3-CBS News chief stepping down as Paramount seeks to settle Trump suitAdds background in paragraphs 4, 9By Helen Coster. May 19  - Wendy McMahon, president and CEO of Paramount Global's PARA.O CBS News, will step down from her position, telling staffers that she and the company have differing views on the path forward, according to a memo seen by Reuters on Monday.McMahon, president and CEO of CBS News and Stations and CBS Media Ventures since 2023, said in the memo that the last few months have been challenging.\"It's become clear that the company and I do not agree on the path forward,\" she wrote. \"It's time for me to move on and for this organization to move forward with new leadership.\". Paramount, chaired by Shari Redstone, is preparing for an $8.4 billion merger with Skydance Media, which will require approval from the U.S. Federal Communications Commission.to try and settle a lawsuit by U.S. President Donald Trump against CBS.On the campaign trail last year, Trump threaten","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250519:nL4N3RR12M:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4588","LU0128525689.USD","LU1267930227.SGD","PARA","BK4125","LU0310800965.SGD","BK4585","LU0052756011.USD"],"gpt_icon":0},{"id":"2536636818","title":"BRIEF-Wendy McMahon To Step Down As President And CEO Of CBS News, Memo Shows","url":"https://stock-news.laohu8.com/highlight/detail?id=2536636818","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536636818?lang=en_us&edition=fundamental","pubTime":"2025-05-19 23:52","pubTimestamp":1747669977,"startTime":"0","endTime":"0","summary":"BRIEF-Wendy McMahon To Step Down As President And CEO Of CBS News, Memo ShowsMay 19 (Reuters) - WENDY MCMAHON TO STEP DOWN AS PRESIDENT AND CEO OF CBS NEWS AND STATIONS AND CBS MEDIA VENTURES - MEMO SEEN BY REUTERS ((Reuters.Briefs@thomsonreuters.com;))","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250519:nFWN3RR2F3:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4125","BK4588","LU0310800965.SGD","PARA","LU0128525689.USD","LU1267930227.SGD","BK4585","LU0052756011.USD"],"gpt_icon":0},{"id":"2536635673","title":"CBS News President McMahon to step down, memo shows","url":"https://stock-news.laohu8.com/highlight/detail?id=2536635673","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536635673?lang=en_us&edition=fundamental","pubTime":"2025-05-19 23:26","pubTimestamp":1747668396,"startTime":"0","endTime":"0","summary":"CBS News President McMahon to step down, memo showsMay 19  - Wendy McMahon, the president and CEO of CBS News, will step down from her position, as the company and her have differing views on the path forward, according to a memo seen by Reuters on  Monday. McMahon, president and CEO of Paramount Global-owned PARA.O CBS News and Stations and CBS Media Ventures since 2023, said in the memo that the last few months have been challenging.\"It's become clear that the company and I do not agree on the path forward. It's time for me to move on and for this organization to move forward with new leadership,\" McMahon said.  ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250519:nL4N3RR123:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4125","LU0052756011.USD","BK4585","PARA","LU0128525689.USD","BK4588","LU0310800965.SGD","LU1267930227.SGD"],"gpt_icon":0},{"id":"2536633022","title":"Wendy Mcmahon to Step Down as President and CEO of Cbs News and Stations and Cbs Media Ventures - Memo Seen by Reuters","url":"https://stock-news.laohu8.com/highlight/detail?id=2536633022","media":"THOMSON REUTERS","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536633022?lang=en_us&edition=fundamental","pubTime":"2025-05-19 23:13","pubTimestamp":1747667580,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250519:nFWN3RR2F3:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4125","LU0310800965.SGD","BK4585","PARA","LU0052756011.USD","LU0128525689.USD","LU1267930227.SGD","BK4588"],"gpt_icon":0},{"id":"2536934006","title":"“Expected Mass Layoffs”: Paramount Stock (NASDAQ:PARA) Slips as CBS News Pares Staff","url":"https://stock-news.laohu8.com/highlight/detail?id=2536934006","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536934006?lang=en_us&edition=fundamental","pubTime":"2025-05-17 04:00","pubTimestamp":1747425615,"startTime":"0","endTime":"0","summary":"For a while, one thing most believed about entertainment giant Paramount ($PARA) was that CBS, and CBS News by extension, was safe from layoffs ahe...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/expected-mass-layoffs-paramount-stock-nasdaqpara-slips-as-cbs-news-pares-staff?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/expected-mass-layoffs-paramount-stock-nasdaqpara-slips-as-cbs-news-pares-staff?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["TQQQ","BK4125","IE00BGHQF748.EUR","IE00BKPKM429.USD","LU0128525689.USD","NVIW.SI","BK4112","IE00B64PRP62.GBP","LU2210150020.SGD","QLD","USAW.SI","LU0310800965.SGD","USJW.SI","LU0052756011.USD","LU2095319765.USD","PARA","IE00B3QW5Z07.USD","LU2210149790.SGD","TSYW.SI","NDAQ","NQmain","MNQmain","LU1267930227.SGD",".IXIC","BK4588","BK4585","QID","PSQ","SQQQ"],"gpt_icon":0},{"id":"2535031476","title":"Will a Charter-Cox merger prove that bigger is better in a fast-declining cable marketplace?","url":"https://stock-news.laohu8.com/highlight/detail?id=2535031476","media":"Dow Jones","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535031476?lang=en_us&edition=fundamental","pubTime":"2025-05-16 23:19","pubTimestamp":1747408740,"startTime":"0","endTime":"0","summary":"The companies are betting consolidation will be the key to survival, but the question of Trump administration regulatory clearance could weigh on the deal. In a sign of the pressures being brought by a cable-television market in fast decline, two of America's biggest providers, Charter Communications Inc.  and Cox Communications, have announced plans to merge, hoping that greater size will prove to be the key to survival.The combined companies would serve more than 37 million customers across 48 states, which would make it the largest single cable and internet provider in the country. The deal is valued at $34.5 billion, making it one of the largest mergers announced in 2025.\"Together, we will be better positioned to aggressively compete in an expanding and dynamic marketplace against national and increasingly global competitors,\" said Charter Chief Executive Christopher Winfrey in a call with analysts.\"Our larger footprint will give us better marketing and branding capabilities but wi","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4512","BK4596","LU0198837287.USD","ORCL","LU0154236417.USD","SG9999014575.USD","LU0949170772.SGD","LU2286300806.USD","PARAA","LU0957808578.USD","SG9999014559.SGD","LU2265009873.SGD","USAW.SI","LU0211331839.USD","LU1974910355.USD","LU0784385170.HKD","LU2213496289.HKD","LU1201861249.SGD","CHTR","LU2028103732.USD","BK4598","LU0320765059.SGD","LU0787776722.HKD","LU1934455194.USD","LU0128525689.USD","ATUS","PARA","LU1435385759.SGD","LU1366192091.USD","BK4588","LU0289941410.SGD","LU1206712785.SGD","CMCSA","LU0109392836.USD","SG9999000418.SGD","SGXZ51526630.SGD","IE00BSNM7G36.USD","LU0080751232.USD","MACW.SI","LU2750360641.GBP","LU0029864427.USD","IE00B7SZLL34.SGD","IE0034235303.USD","IE00BLSP4452.SGD","IE00BMPRXR70.SGD","LU0211327993.USD"],"gpt_icon":1},{"id":"2535803623","title":"BRIEF-Paramount Global Enters Amendment No. 5 To Credit Agreement","url":"https://stock-news.laohu8.com/highlight/detail?id=2535803623","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535803623?lang=en_us&edition=fundamental","pubTime":"2025-05-16 04:48","pubTimestamp":1747342130,"startTime":"0","endTime":"0","summary":"BRIEF-Paramount Global Enters Amendment No. 5 To Credit AgreementMay 15  - Paramount Global PARA.O:PARAMOUNT GLOBAL - ENTERS AMENDMENT NO. 5 TO CREDIT AGREEMENT - SEC FILINGPARAMOUNT GLOBAL - AMENDMENT INCREASES CASH CAP FROM $1.5 BILLION TO $3.0 BILLION - SEC FILINGFurther company coverage: PARA.O ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250515:nFWN3RN3KM:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0128525689.USD","BK4588","PARA","BK4125","LU1267930227.SGD","LU0052756011.USD","BK4585","LU0310800965.SGD"],"gpt_icon":0},{"id":"2535803646","title":"Paramount Global Amends Credit Agreement with Major Financial Institutions, Expands Definition of Consolidated EBITDA","url":"https://stock-news.laohu8.com/highlight/detail?id=2535803646","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535803646?lang=en_us&edition=fundamental","pubTime":"2025-05-16 04:47","pubTimestamp":1747342054,"startTime":"0","endTime":"0","summary":"Paramount Global has announced the entry into an amendment to its existing corporate loan agreement. On May 12, 2025, the company, along with its lenders, executed Amendment No. 5 to the amended and restated credit agreement initially dated January 23, 2020. This amendment involves key financial institutions including JPMorgan Chase Bank, N.A. as the administrative agent, alongside Citibank, Bank of America, and Wells Fargo as syndication agents, among others. A significant change in the amendment includes the revision of the definition of Consolidated EBITDA, which now allows an additional add-back for restructuring, litigation, and other business optimization expenses, capped at 15% of EBITDA. This strategic amendment is designed to provide Paramount with enhanced financial flexibility as it continues to optimize its business 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