"Larry Ellison has agreed to provide an irrevocable personal guarantee of $40.4 billion of the equity financing for the offer and any damages claims against Paramount"
"YouTube and Disney retained the top two spots, with 12.9% and 10.5% of total TV, respectively. YouTube’s share remained flat month-over-month, while Disney dropped 0.9 share points"
“It’s a privilege to work alongside such a talented team across our markets as we strengthen our operations and position the company for long-term growth and success.”
"We are thrilled to enter into a multifaceted global partnership with YouTube to be the future home of the Oscars and our year-round Academy programming"
"Our high-touch, day-to-day partnerships remain unchanged but are now bolstered by the infrastructure and collaborative opportunities available across the entire Initial platform.”
"Following a careful evaluation of Paramount’s recently launched tender offer, the Board concluded that the offer’s value is inadequate, with significant risks and costs imposed on our shareholders"
"Audio podcasting has been the fastest-growing medium over the past 20 years, and now we’re thrilled to expand that experience with an exciting new category—video podcasts"