Shari Redstone, the majority owner of Paramount, declined Apollo Global Management's bid for $22.5 billion and at $27 billion -both cash offerings discussed In this exclusive interview by Samira Nasr. Revealing a candid discussion with Redstone, she discuses why Paramount has been had been meeting with Bhan Robbins, Paramount's CEO and Brian Robbins but the rumors of a merger where just that. Redstone's focus is now on Paramount+, a streaming service that just purged seven high-profile television shows permanently removed from Paramount+ as part of the streamer's most recent content editing.The parent, Paramount Global. It formed in 2019 through the merger of Viacom and CBS and is a subsidiary of National Amusements, Inc. Originally known as ViacomCBS, the company was renamed Paramount Global in 2022. Its primary holdings are in film and television (including streaming servicesParamount seems to have the door left open in talks of a consortium of Sony Pictures and buyout firm Apollo Global Management interested in acquiring the company for $26 billion. Expect a higher id from Sony, but inside sources say Shari Redstone won't budge.
NASDAQ: PARA dropped to $10.17/share as of June 14,2023 from it's previous peak of $12.37/share on June 11, 2024
Hulu is reviewing the television properties Paramount + dropped even though they too purged portions of their programming.
When a woman's diamond engagement ring is retailing for over $200,000, one may fairly deduce the center stone is larger than the mass market median of 2.1 carats and most likely at least an H-I color set in platinum. Portions of that estimation based on retail price alone wouldn't be too far off, but the price and the product description are on mark except for one remarkable difference. The ring just described actually sold for over $200,000 but was created entirely from laboratory-grown diamonds, graded by the Gemological Institute of America (GIA).Then, there's bespoke and luxury designer created ladies and gentlemen's engagement rings.
In France and Italy, men's engagement rings are back stronger than ever,but many created in laboratory-grown stones ranging from 6-10carats "With a lot of E color VVS options," noted Mike Nekta of Nekta New York, offeing high jewelry in laboratory-grown stones and natural = a move that surprised many.Some of his masterworks, such as the custom King Arthur Chandelier engagement ring,shown above, may be seen as non-binary for some, but Nekta insists it's "For men only," and won't offer it in anything less than 25 total carat weight, most in non-sizable designs. Appearing in all E color VVS2 clarity as graded by
the GIA , an emerald-cut 5ct center is a "blended showcase" set in platinum," he states.
American real estate developer, philanthropist, sports team owner and mega billionaire Steven Ross is the chairman of Related Companies, a global real estate development firm he founded in 1972. And ,his favorite color is green.If that is a true statement, it certainly upholds his climate danger warnings ,and the need for more fresh oxygen to be whirling out of fresh trees cared for by special growth lighting, insulated during the coldest of winter months and served fresh spring water from a non-disclosed area in a certain portion of Hudson Yards, "We want people feeling safe and refreshed at Hudson Yards," one of Ross' mandates."Uprooted and carefully replanted trees of this type are like children, although they stand like giants, we need them to help offset all the carbon waste pouring down on everything with each passing rain storm," Ross said. "I really enjoy the fresh air and sounds of birds in this admittedly grand wonderland we call Hudson Yards- a true luxury living and shopping empire, " he added.
100 spruce trees standing nearly side-by-side each are cared for like a new born as another 100 are cultivated and shipped to the massive luxury living ad shopping region also now home to one of the most dangerous places to hug a tree. "Navy seal like armed security will be as plentiful as the greenery," Ross noted.
With nearly a 50% increase in consumers strolling the newly paved walkways, one shopper commented, "This is like Central Park, but cleaner and with so many places to shop, I might just move here."
Anglo American held an 85% interest in the De Beers Group and the government of Botswana owns the minority share. But, De Beer isn't waving a white flag, and courting corporations aren't lining up for meetings of any sort with the legendary diamond house. Not in direct investment anyhow.
Mass merchant ad the largest jewelry store operation( SIgnet) which owns Jared, Kays, Zales, and smaller jewelry walk-in and online properties, has struck a deal where, at first glance, De Beers has the upper hand in mandated natural diamond training Organizations like the World Diamond Council (WDC) or the mining-funded Natural Diamond Council (NDC) weren't part of these talks and may not be at all, at least through next year as De Beers attempts to maintain their top tier namesake while duking it out with other famous US diamond producers.
“Anglo American is now exploring the full range of options to separate the business in order to set it up for success in unlocking full value, “ Anglo American CEO Duncan Wanblad said in a recent presentation.
Read Samira Nasr's exclusive report to learn why Anglo is pinning diamonds into cooper from a tangible long-term investment perspective.
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