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Mission Impossible: Paramount reckoning
  + stars: | 2023-07-05 | by ( Jennifer Saba | ) www.reuters.com   time to read: +8 min
NEW YORK, July 5 (Reuters Breakingviews) - Paramount Global’s (PARA.O) predicament is worthy of its successful “Mission: Impossible” franchise. Over the past year or so, Warren Buffett’s Berkshire Hathaway (BRKa.N) has bought and increased its stake in Paramount to about 15%. Without the funding, her closely held firm might have needed to pledge more of its Paramount stock against a loan. Streaming service Paramount+ is similar to Netflix, whose enterprise is worth 5 times next year’s estimated revenue. “Mission: Impossible Dead Reckoning Part One,” from Paramount Pictures, opens in movie theaters on July 12.
Persons: Shari Redstone, Looney, Walt Disney, Sumner, Warren Buffett’s Berkshire Hathaway, Goldman Sachs, Byron Trott, Rudolph Valentino, Mae West, Marx, Trustbusters, Martin Davis, Sumner Redstone, Simon, Schuster, Walt, Jeffrey Goldfarb, Sharon Lam, Streisand Neto Organizations: YORK, Reuters, Paramount, Warner Bros Discovery, AT, Netflix, Apple, Comcast, Electronic Arts, MSD Partners, Viacom, Audio Communications, CBS, Nickelodeon, MTV, Time Warner, Reuters Graphics Reuters, Tiffany Network, National Football League, Fox, Amazon, MGM, U.S, Penguin Random, Walt Disney, Amusements, Paramount Global, BDT Capital Partners, , Paramount Pictures, Thomson Locations: U.S, Gulf, Western, NAI
An irresistible force and an immovable object: that would be Lady Gaga and Tony Bennett on Friday evening at Radio City Music Hall where they sang more than 30 standards, separately and together, before a respectful multigenerational audience that tilted older. The immovable object was Mr. Bennett, a living monument at 88, who, when he moved across the stage, proceeded slowly, cautiously and with dignity. With his customary grace and humility, Mr. Bennett embodied the patriarch of American popular song he has been for the last two decades. Around him fluttered that irresistible force, Lady Gaga, 29, an eccentric living bauble, in a succession of extravagant showgirl outfits and wigs. The chemistry between the performers in this Cheek to Cheek tour is noticeably different from the cuddly granddad and granddaughter intimacy of their videos.
Persons: Gaga, Tony Bennett, Bennett, Lady Gaga, Mae West, Marilyn Monroe, Mike Renzi, Cheek Organizations: Radio City Music, Broadway
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