Skydance Paramount deal for Redstone’s National Amusements revived

Shari Redstone, president of National Amusements, speaks at the WSJ Tech Live conference in Laguna Beach, California, on Oct. 21, 2019.Mike Blake | ReutersDavid Ellison's Skydance has reached a preliminary deal with Shari Redstone's National Amusements to merge with Paramount, according to two people familiar with the matter, resurrecting...

Read more...

FDA approves Eli Lilly Alzheimer’s drug donanemab

A sign with the company logo sits outside of the headquarters campus of Eli Lilly and Company on March 17, 2024 in Indianapolis, Indiana.Scott Olson | Getty ImagesThe Food and Drug Administration on Tuesday approved Eli Lilly's Alzheimer's drug donanemab, expanding the limited treatment options for the mind-wasting disease...

Read more...

Media mogul Barry Diller weighs a bid to gain control of Paramount

A new suitor for Paramount Global has emerged.Media mogul Barry Diller is taking a look at acquiring National Amusements Inc., the company owned by Shari Redstone and the controlling shareholder of Paramount, CNBC's David Faber reported on Tuesday.Diller's IAC, an internet media and publishing company, has signed a nondisclosure...

Read more...