At the recent annual shareholder meeting of Paramount Global, the company’s leadership, comprising CBS CEO George Cheeks, Paramount Media Networks CEO Chris McCarthy, and Paramount Pictures CEO Brian Robbins, unveiled a comprehensive go-forward plan. This plan outlines the strategic priorities of the company in the event that a sale does not materialize. These priorities include
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Warner Bros. Discovery’s streaming service, Max, has recently announced price increases for its ad-free options. The ad-free plan will now cost $16.99 per month, while the yearly ad-free plan will be priced at $169.99. Additionally, the ultimate ad-free plan will increase to $20.99 per month and $209.99 per year. The ad-supported option will remain at
News of the agreement between Paramount and Skydance has sent shockwaves through the entertainment industry. According to CNBC’s David Faber, the deal is set to be announced in the near future after weeks of negotiations. The terms of the merger involve David Ellison’s Skydance, backed by RedBird Capital and KKR, acquiring nearly 50% of class
Jeep, a brand under Stellantis, is aiming to significantly increase U.S. sales of its plug-in hybrid electric vehicles (PHEVs) this year by 40% to 50%. This move comes as a strategic approach to bridge the gap between their traditional gas-guzzling SUVs and the upcoming era of all-electric vehicles. The projected target of selling 160,000 to
Moderna and Merck have recently revealed positive three-year data on their experimental vaccine, which was administered to patients suffering from the most deadly form of skin cancer in combination with the therapy Keytruda. The vaccine, in conjunction with Merck’s Keytruda, has proven to enhance survival rates and demonstrate long-lasting efficacy in a midstage study involving
The co-founding of Yotta, a fintech startup in 2019, aimed to provide Americans with a fresh way to save money for the unpredictable nature of life. However, recent events have turned Yotta into a source of deep pain for thousands of customers who relied on their accounts for essential financial operations. A dispute between two
In a groundbreaking development, Pfizer has announced that their drug for advanced lung cancer has demonstrated remarkable long-term results in late-stage trials. This drug, known as Lorbrena, has shown to prolong the lives of patients with advanced non-small cell lung cancer and has significantly reduced the risk of cancer progression, especially in the brain. Currently,
In a recent announcement, the Food and Drug Administration (FDA) has approved Moderna’s vaccine for respiratory syncytial virus (RSV) for adults aged 60 and above. This marks the company’s second product to enter the U.S. market, providing them with a much-needed revenue source amidst declining demand for their Covid jab. The decision to approve Moderna’s
In a recent financial conference, Bank of America CEO Brian Moynihan highlighted a noticeable shift in consumer and business spending patterns in the United States. It appears that both individuals and small- to medium-sized businesses are becoming more cautious with their expenditures due to elevated levels of inflation and interest rates. Moynihan pointed out that
Boeing CEO Dave Calhoun is set to meet with the Federal Aviation Administration (FAA) along with other top company leaders, to present a quality improvement plan that showcases enhanced staff training and production practices at its factories. This meeting comes after the FAA ordered Boeing to come up with a plan following a serious incident