Paramount Global’s Top Marketing and Communications Exec, Julia Phelps, Is Leaving

Todd Spangler NY Digital Editor After months of on-again-off-again haggling, Skydance Media submitted a newly revised offer for Paramount Global. The revised bid would reduce the amount Skydance and its financial partners would pay Shari Redstone, Paramount’s controlling shareholder, and reallocate that more equitably to the company’s nonvoting Class B shareholders, Variety has confirmed. Skydance would also put in more cash upfront to swing the deal, sources said.

Home Alone is back on the market for an exorbitant amount of money.Built in 1921, the Winnetka, Illinois house has been listed for sale on Zillow and comes with five rooms and six bathrooms. Fully renovated and expanded in 2018 while still preserving its original look from the 1990 Home Alone film, the house is now fetching an asking price of US$5.25million, or GBP4.13million.Pictures of the listing on Zillow reveal the massive house sitting on a half-acre plot of land that includes an indoor basketball court, a movie theater, a poker room and a statue of the movie’s star Macaulay Culkin in his iconic scream pose, constructed entirely out of Lego pieces.The house previously went for US$1.58million or GBP1.24million in 2012.

Todd Spangler NY Digital Editor Dystopian thriller “Leave the World Behind” was the most-watched film — and title overall — on Netflix globally in the second half of 2023, while anime-inspired live action series “One Piece” led on the TV side. The data comes from Netflix’s second edition of “What We Watched: A Netflix Engagement Report,” reflecting viewership on the streamer from July-December 2023 covering 99% of all viewing on Netflix. Subscribers across the world watched about 90 billion hours of Netflix in the second half of 2023, compared with 93 billion hours in the first half of the year.

Callum McLennan Ari Aster and his producing partner Lars Knudsen have boarded Chile’s Cristóbal León and Joaquín Cociña’s new film “Hansel & Gretel” as executive producers through their company, Square Peg. The Chilean duo’s feature “The Hyperboreans” forms part of Cannes’ Directors’ Fortnight.

Former CBS Media Ventures licensing and distribution executive Jonathan Bingaman has been named President, Domestic Multi-Platform Licensing & Distribution for Paramount Global Content Distribution. He will report to Dan Cohen, Chief Content Licensing Officer, Paramount Global and President, Republic Pictures, who announced the appointment in a note to staff.

Meghan Markle and Prince Harry have concluded their three-day journey to Nigeria, expressing heartfelt thanks to those they encountered during their visit.

Marc Malkin Senior Editor, Culture and Events Jay Marcus has been working in film and television for more than a decade, but he also has no problem boasting that he is a “theater nerd.” “I could talk about theater more than anything else in the world,” says Marcus, head of scripted film and television at RuPaul’s production company RuCo. “I get giddy about it.” So much so that, in August, he launched The Hollywood Theatre Club. In the first of a now bimonthly newsletter written and distributed by Marcus, he described the club as a “collective of film & TV executives, producers, agents/managers, casting directors and other industry types who come together once a month to see professional theater in L.A.” “I have a lot of hope for theater in L.A., not necessarily as a commercial endeavor but for the key non-profits that are doing great work,” Marcus says.

Paramount+ announced on Wednesday that South Park: The End of Obesity, its latest South Park exclusive event, will premiere in the U.S. and Canada on Friday, May 24, debuting in the U.K., Australia, Latin America, Brazil, France, Italy, Germany, Switzerland and Austria the following day.

Prince William is reportedly "absolutely furious" with Prince Harry and Meghan Markle over their recent tour of Nigeria, which has been perceived by some as an unofficial royal visit. The Duke and Duchess of Sussex visited the African nation to promote the Invictus Games, but have faced backlash for the trip.

Biosphere Bikes has been able to add to its seasonal seafront hire hub by opening a shop and community hub in Henrietta Street in Girvan, thanks to part funding from South Ayrshire Council.

itself, the memes from 2024 have officially arrived on the internet, and we’re already seeing some themes. Most of them Zendaya related.In her first look, a at the Met Gala was compared by many to both Yzma from The Emperor’s New Groove and Effie Trinket from The Hunger Games.This content can also be viewed on the site it from.This content can also be viewed on the site it from.This content can also be viewed on the site it from.Others compared Z to a variety of fictional evil witch queens.

itself, the memes from 2024 have officially arrived on the internet, and we're already seeing some themes. Most of them Zendaya-related.In her first look, a at the Met Gala was compared by many to both Yzma from The Emperor's New Groove and Effie Trinket from The Hunger Games.This content can also be viewed on the site it from.This content can also be viewed on the site it from.This content can also be viewed on the site it from.Others compared Z to a variety of fictional evil witch queens.

Warner Bros. Discovery chief David Zaslav largely evaded questions about NBA talks and Paramount Global‘s potential as a WBD merger partner, but he did weigh in on the hot topic of executive pay.

Denise Van Outen celebrated her 50th birthday - early - with a huge party on Sunday, 5 May, with boxer and bowtie-clad dancers, a giant cake and massive sparklers.The next day, Denise, who actually turns 50 on 27 May, shared a video to her Instagram Stories of the raucous-looking event as she danced the night away in a black minidress and a bright green blazer. She even donned a tiara as she beamed whilst being the centre of attention for the night.The TV and theatre star, who has presented The Big Breakfast and played Roxie Hart in the musical Chicago both in the West End and on Broadway, chose to ring in her milestone birthday at Bunga Bunga in Covent Garden, London. Over the top of the video she shared, Denise wrote: "So this happened last night," whilst tagging the venue.

Cynthia Littleton Business Editor Warner Bros. Discovery is staying on the sidelines of the Paramount Global acquisition drama — at least for now. That was the signal sent Monday by WB Discovery CEO David Zaslav during his appearance at the Milken Institute Global Conference in Beverly Hills.

Cynthia Littleton Business Editor Paramount Global goes back to playing the field this week with two suitors still pursuing the company that has been surrounded by a highly public M&A drama for months. And it’s unlikely to end any time soon. The company reached the end of its 30-day exclusive negotiating window with Skydance Media on May 3 without coming to an agreement.

Warren Buffett says he has sold all of his shares in Paramount Global at a significant loss.

Todd Spangler NY Digital Editor UPADTED: After months of M&A talks, Paramount Global and controlling shareholder Shari Redstone might be going it alone after all — for now. Insiders tell Variety that the expectation at the company is that neither of the two offers in play — Skydance Media-RedBird Capital Partners and Sony Pictures Entertainment-Apollo Global Management — will come to fruition. And Redstone is said to have reluctantly concluded that a deal with David Ellison’s Skydance, a longtime partner of Paramount Pictures, will not be possible.

Three days after he was named to the newly formed Office of the CEO of Paramount Global, George Cheeks, President and CEO of CBS, faced reporters at the unveiling of the broadcast network’s fall 2024 schedule.

Todd Spangler NY Digital Editor In the latest twist in Paramount Global‘s M&A saga, Sony Pictures Entertainment and Apollo Global Management reportedly have made a bid to take Paramount private with an all-cash buyout offer of $26 billion. Sony and private-equity giant Apollo submitted an offer letter Wednesday to Paramount Global, the Wall Street Journal reported Thursday. The report comes as Paramount Global board’s special committee established to consider M&A proposals is evaluating the best and final offer from Skydance Media to merge Paramount and Skydance, while keeping Paramount Global public.