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Paramount leadership outlined plans at its annual shareholder meeting if a potential sale of the company does not occur. The Office of the CEO, comprised of three executives, proposed $500 million in cost cuts, divesting non-core assets, and lowering debt. Paramount has agreed to terms for a merger with Skydance Media and investment firms, pending approval from controlling shareholder Shari Redstone. The presented plan focuses on growing content and franchises while cutting spending and lowering Paramount's junk credit rating debt level.

Paramount Outlines Contingency Plan at Shareholder Meeting Amidst Uncertain Sale Prospects

⏲ 0:36 👁 24.3M

WPTV News - FL Palm Beaches and Treasure Coast

Staples, Office Depot in merger talks

⏲ 22 seconds 👁 152

WPTV News - FL Palm Beaches and Treasure Coast

FTC files complaint to block Staples Office Depot merger

⏲ 29 seconds 👁 101

CNN Business

Staples to merge with Office Depot

⏲ 57 seconds 👁 1.3K

TheStreet

Here's What Jim Cramer Thinks About the Failed Staples-Office Depot Merger

⏲ 57 seconds 👁 298

TheDealVideo

Staples-Office Depot Merger to Get Closer Look From the EC

⏲ 1 minute 8 seconds 👁 65

TheStreet

Office Depot and Staples Scrap Their Planned Merger

⏲ 1 minute 32 seconds 👁 196

TheStreet

Office Depot, Staples In Trouble After Their Merger Was Scrapped

⏲ 27 seconds 👁 253

CNN Business

⏲ 1 minute 1 second 👁 355

CNBC Television

JPMorgan's David Kelly: May jobs report is 'really a mixed picture'

⏲ 3 minutes 46 seconds 👁 8.3K

Forbes

Returning To Offices Is Foolish Says Staffing Platform CEO | Forbes

⏲ 12 minutes 3 seconds 👁 13.7K

The Office

Dwight Quits Dunder Mifflin - The Office US

⏲ 2 minutes 31 seconds 👁 847.1K

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