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☆ Do this once a month and extend your life by 10 years. No gym required
▼ + stars: | 2024-05-31 | by ( Jessica Dulong | ) edition.cnn.com time to read: +11 min

“Art is one of our oldest creations (humans invented paint long before the wheel), one of the earliest means of communication (we drew long, long, long, long before we could write), and one of our most universal urges,” she wrote. But when you watch artists making art, it is a physical experience. Different art forms affect the brain and body in different ways. Just as when we are prescribed medications, (it’s true that) types, doses and durations of art work differently for different people. And just one art experience per month can extend your life by 10 years.

Persons: Susan Magsamen, ”, Ivy Ross, Bianca Bosker, “, Marco Brambilla’s, Leon Neal, Rothko, —, Cy, Benjamin Krantz, Bianca, Jessica DuLong Organizations: CNN, Research, Getty, Physicians, Viking CNN Locations: London, Houston, Brooklyn , New York

☆ Here are Friday's biggest analyst calls: Tesla, Nvidia, Apple, Rivian, Nio, Costco, Qualcomm
▼ + stars: | 2024-05-31 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Wells Fargo reiterates Nvidia as overweight Wells said it's standing by shares of Nvidia. Bank of America reiterates Apple as buy Bank of America said it's bullish on an iPhone with artificial intelligence features. "We maintain our Buy rating on Apple for its multi-year upgrade cycle, gross margin upside and secular services growth." Bank of America reiterates Dell as buy Bank of America said it's sticking with its buy rating on the stock following earnings. Morgan Stanley reiterates Nio as overweight Morgan Stanley said it's standing by its overweight rating on shares of Nio.

Persons: Oppenheimer, Morgan Stanley, Wells, Wynn, it's, Jefferies, Tesla, Dell, Wolfe, Alex Chriss, Rivian, Nio, robustly, Cantor Fitzgerald, Cantor, Rosenblatt Organizations: Beazer, Nvidia, MGM, " Bank of America, Apple, Bank of America, Edison International, Qualcomm, JPMorgan, Banks, PayPal, New, Citi, Lionsgate, Lionsgate Studios, UBS, Tesla, Resilience Locations: Macau, Las Vegas, California, Cincinnati, China, Nio, NetApp

Citi, meanwhile, initiated Lionsgate Studios with a buy rating. JPMorgan did lower its price target on Viasat to $23 per share from $30. The analyst reiterated his buy rating, noting that AI adoption is still in the early stages. The bank initiated coverage of the TV and movie studio with a buy rating. Its price target of $14 implies upside of more than 73% from Thursday's close.

Persons: Felix Liu, — Lisa Kailai Han, Sebastiano Petti, Petti, — Jesse Pound, Oppenheimer, Tyler Batory, Batory, — Hakyung Kim, Wynn, Vitaly Umansky, WYNN, Umansky, Wolfe, Eddie, Bill Carrache, Dell Dell, Wamsi Mohan, Dell, Mohan, Goldman Sachs, Michael Ng, Ng, Morgan Stanley, we're, Erik Woodring, Woodring, Jason Bazinet, LION, COVID, Fred Imbert Organizations: CNBC, Dell Technologies, Lionsgate Studios, Citi, UBS, JPMorgan, Viasat, Homes, Wynn Resorts, Seaport Research Partners, Wolfe Research, Third Bank Regional, Dell, Bank of America, DELL, Lionsgate Entertainment, Starz Locations: Bilibili, China, Viasat, Macau, Las Vegas, Vegas, Wall, Thursday's

☆ How 3 Texas Teenagers Grew Up to Be Broadway Stars (and Stayed Friends)
▼ + stars: | 2024-05-31 | by ( Katherine Rosman | ) www.nytimes.com time to read: 1 min

After a curtain call at a recent performance of “Hamilton,” Trey Curtis, who stars as Alexander Hamilton, put his arm around J. Quinton Johnson, who had played George Washington. They basked in the applause, shared a laugh and walked together offstage at the Richard Rodgers Theater. A block away, and nearly simultaneously, Vincent Jamal Hooper, who stars as Simba in “The Lion King,” was absorbing the cheers of the 1,700 theatergoers at the Minskoff Theater. It had been about a decade since the three men, now 29, had spent aimless nights in Austin, Texas, riding around in Mr. Johnson’s 2007 Jeep blasting show tunes — dreaming of plays they were still to perform in and music they were yet to write. Today, they are musical theater stars, appearing in some of the most commercially and critically acclaimed productions on Broadway.

Persons: “ Hamilton, ” Trey Curtis, Alexander Hamilton, Quinton Johnson, George Washington, Richard Rodgers, Vincent Jamal Hooper, Simba, ” Organizations: Richard, Richard Rodgers Theater, Broadway Locations: Austin , Texas

The number of visitors to San Francisco has not rebounded to its prepandemic level — not among humans, anyway. Sea lions, on the other hand, are swimming to the city in higher numbers than ever recorded. This week, sea lion counters — yes, they exist — tallied 2,000 of the whiskered, blubbery creatures in the water alongside Pier 39 on the city’s northern edge. That’s 600 more than the previous record of 1,400 set in the early 1990s, according to Sheila Chandor, who has been the harbor master at Pier 39 since 1985. “They’re not buying the doom loop!” Ms. Chandor said with a laugh, referring to the theory circulated by detractors that San Francisco is on the verge of ruin.

Persons: —, Sheila Chandor, “ They’re, Chandor, San, ” Locations: San Francisco

☆ Ignore Nvidia's '2000-like valuation' and ride the market's AI-driven momentum by making these 8 hot investments, according to a rally-calling professional trader
▼ + stars: | 2024-05-30 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Ironically, Salama sympathizes with Nvidia skeptics about the company's valuation, which he said is in "nosebleed territory." Stocks will shatter expectations — and recordsLike AI-focused companies, US stocks aren't cheap but can continue to charge higher. Other investments to consider are companies tied to AI champion Nvidia, including server builder Super Micro Computer (SMCI) and venerable computer company Dell (DELL). AdvertisementOutside AI, Salama is incredibly bullish about bitcoin (BTC) during its mammoth rally and companies tied to cryptocurrencies, including Coinbase (COIN) and Robinhood (HOOD).

Persons: —, Leon Cooperman, Cooperman, that's, John Salama, Salama, Salama's, doesn't, OpenAI Organizations: Service, Nvidia, Business, Trading, Microsoft, Apple, Micro, Dell, Coinbase Locations: bitcoin

☆ Market crash indicator with spotty track record 'Hindenburg Omen' triggered last week
▼ + stars: | 2024-05-28 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

The ominous "Hindenburg Omen" was triggered last week, StockCharts.com chief market technician David Keller noted Monday. .SPX YTD mountain S & P 500 "It has a track record of calling major market tops so when the Hindenburg Omen fires it's something that investors should take note of. The Russell 2000 is up just 2.5% in 2024, while the S & P 500 has advanced 11%. If anything, the technician regards the Hindenburg Omen more as an indicator of new market leadership than a harbinger of a downturn. A loss of the consumer discretionary sector, which makes up roughly one-tenth of the S & P 500, could mean a deeper drawdown of 10% to 20% in the index.

Persons: David Keller, JC O'Hara, Roth, O'Hara, Russell, He's Organizations: Street, Dow Jones

☆ Nvidia stock has 258% upside as its 'impenetrable moat' will propel it to a $10 trillion valuation by 2030, tech analyst says
▼ + stars: | 2024-05-28 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

That's according to I/O Fund tech analyst Beth Kindig, who said Nvidia has a massive moat around its business. Kindig said the next leg of growth for Nvidia will come from its CUDA software platform. AdvertisementNvidia stock will surge 258% from current levels and hit a $10 trillion market valuation by 2030, according to I/O Fund tech analyst Beth Kindig. This is very, very early for Nvidia," Kindig told CNBC on Tuesday. "The CUDA software platform is what developers learn on.

Persons: Beth Kindig, Kindig, —, Nvidia's, Blackwell, Kindig's, They're Organizations: Nvidia, Blackwell, Fund, Service, CNBC, AMD, Intel, Amazon

☆ Here is what’s open and closed on Memorial Day 2024
▼ + stars: | 2024-05-27 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +1 min

CNN —Memorial Day is the unofficial start of summer, with many students out of school and office workers enjoying the day off. This year, Memorial Day is on Monday, May 27. Here’s what will be open and closed on Memorial Day 2024. Walmart and Target will be open on Memorial Day. Postal servicesThe United States Postal Service will not be delivering mail on Memorial Day.

Organizations: CNN, Retail, Walmart, Target, Kroger, Aldi, Costco, New York Stock Exchange, Nasdaq, Federal Reserve, United States Postal Service, UPS, FedEx

☆ 'Furiosa' flop and weak holiday box office put the heat on Hollywood
▼ + stars: | 2024-05-27 | by ( Chloe Melas | ) www.cnbc.com time to read: +3 min

(Photo by AaronP/Bauer-Griffin/GC Images)Memorial Day weekend is usually a big one for moviegoers and Hollywood, but this year's numbers show otherwise. Now the heat is on for Hollywood to deliver the rest of summer movie season. 1 film at the Memorial Day box office since 1995's "Casper," leaving out 2020, when Covid shut down theaters and halted production. (Leaving out 2020 and 2021, this was also the worst overall Memorial Day weekend for Hollywood since 1995, as well.) Last year, Disney 's live-action version of "The Little Mermaid" opened to $118 million domestically over the holiday.

Persons: Max, Bauer, Griffin, Casper, Covid, Comscore, Paul Dergarabedian, Dergarabedian, Disney's, Guy, Barbie, Oppenheimer, Deadpool Organizations: HOLLYWOOD, Hollywood, Highland, AaronP, Warner Bros, Comscore, Disney, NBC, Paramount, Marvel, Guardians, Universal Locations: CA, Hollywood , California

☆ What’s open and closed on Memorial Day 2024
▼ + stars: | 2024-05-26 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +1 min

New York CNN —Memorial Day is the unofficial start of summer, with many students out of school and office workers enjoying the day off. This year, Memorial Day is on Monday, May 27. Here’s what will be open and closed on Memorial Day 2024. Walmart and Target will be open on Memorial Day. Postal servicesThe United States Postal Service will not be delivering mail on Memorial Day.

Organizations: New, New York CNN, Retail, Walmart, Target, Kroger, Aldi, Costco, New York Stock Exchange, Nasdaq, Federal Reserve, United States Postal Service, UPS, FedEx Locations: New York

☆ Here's where the last $6 billion in CHIPS Act semiconductor award money is going
▼ + stars: | 2024-05-23 | by ( Megan Cassella | In | ) www.cnbc.com time to read: +2 min

The rollout of the Biden administration's CHIPS Act award money has so far focused on providing major awards for major companies, with just four leading-edge semiconductor manufacturers receiving the lion's share of the $33 billion that has been allocated to this point. Now, with $6 billion remaining, the focus is shifting to sending smaller awards to smaller companies—dozens of them, up and down the supply chain. "We are really focused on investing across the semiconductor ecosystem," Michael Schmidt, director of the CHIPS Program Office at the Commerce Department, told CNBC. Intel , Taiwan Semiconductor , Samsung and Micron combined will receive nearly $28 billion, while GlobalFoundries received $1.5 billion and four smaller companies – BAE Systems, Microchip , Polar Semiconductor and Absolics – received a combined $392 million. Another $3.5 billion has been set aside for the "secure enclave" program, which will produce semiconductors for military use.

Persons: Michael Schmidt, Schmidt, Gina Raimondo, GlobalFoundries, – Organizations: Biden, Commerce Department, CNBC, Intel, Taiwan Semiconductor, Samsung, Micron, BAE Systems, Polar Semiconductor

☆ How RFK Kennedy Jr. turned from tragedy and tumult to environmentalism before becoming the face of vaccine skepticism
▼ + stars: | 2024-05-22 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +10 min

Read previewRobert F. Kennedy's children have spent a lifetime trying to add their marks to their slain father's legacy. The first Kennedy to run for the presidency in decades, Robert F. Kennedy Jr. is doing so without the family's well-documented loyalty. Born into privilege in 1954, Robert F. Kennedy Jr. was raised between Massachusetts and suburban Virginia estates. Robert F. Kennedy Jr. was later a pallbearer at his father's funeral, joined by Astronaut John Glenn and former Defense Secretary Robert McNamara. Robert F. Kennedy Jr. was one of the pallbearers in his father's funeral.

Persons: —, Robert, Robert F, Kennedy, Kennedy Jr, McLean, Ethel Kennedy, wasn't, Kathleen, Joseph P ., Hubert Humphery's, Astronaut John Glenn, Robert McNamara, Michael Ochs, Jack Paar, Oprah, Frank M, Johnson Jr, Emily Black, Robert Morgenthau, JFK, Robert Boyle, Mary Richardson, Kerry Kennedy, Boyle, William Wegner, Wegner, Wegener, spasmodic dysphonia, Richardson, Cheryl Hines, Larry David Organizations: Service, Camelot, Business, RFK, Georgetown Preparatory School, Astronaut, Michael Ochs Archives, Georgetown Prep, Millbrook School, Harvard, JFK, RFK Jr, Civil, London School of Economics, University of Virginia Law School, Southern, of, The New York Times, Natural Resources Defense Council, Fishermen's Association, Washington Post, Hudson, Time Magazine, Los Angeles Times, STAT, World Health Defense Fund, Associated Press Locations: Massachusetts, Virginia, Hickory Hill, McLean , Virginia, New York, Charlottesville, Black's, Bloomington , Indiana, Dominican Republic, Manhattan, of New York, South Dakota, York, Hudson, Bedford

☆ Chelsea players react to Mauricio Pochettino’s surprise sacking as manager
▼ + stars: | 2024-05-22 | by ( Matias Grez | ) edition.cnn.com time to read: +3 min

Chelsea’s players have been full of praise for departed manager Mauricio Pochettino, who somewhat surprisingly left his position by mutual consent on Tuesday after only 11 months in the job. Pochettino also took Chelsea to the League Cup final, where it lost to Liverpool, and the semifinals of the FA Cup. The majority of the players Chelsea have purchased in the Boehly era have been young and inexperienced, while key senior players – including César Azpilicueta, N’Golo Kanté, Mateo Kovačić and Mason Mount – left before the season started. Henry Nicholls/AFP/Getty ImagesDespite Chelsea’s rollercoaster season, Pochettino clearly remained well-liked among the squad, with several players expressing their thanks to the Argentine, as well as surprise at his departure. “Gaffer, thank you for everything you have done for me & making my dreams come true,” Palmer wrote on Instagram.

Persons: Mauricio Pochettino, Pochettino, Mauricio, Laurence Stewart, Paul Winstanley, “, ” Chelsea, Todd Boehly, César Azpilicueta, N’Golo Kanté, Mateo Kovačić, Mason Mount –, Chelsea's, Henry Nicholls, Nicolas Jackson, ”, Moises Caicedo, ” Cole Palmer, ” Palmer, Marc Cucurella, emojis, Cole Palmer, Justin Setterfield Organizations: CNN, Chelsea, Europa League football, League, Liverpool, FA, Stamford, Argentine, Premier League’s, Mister, Premier League and Europe Locations: AFP, Ecuadorian, Manchester City

☆ $6 billion left in chips funding
▼ + stars: | 2024-05-17 | by ( Megan Cassella | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email$6 billion left in chips fundingThe Commerce Department has allocated the lion's share of CHIPS Act funds, but there's still about $6 billion left. Megan Cassella reports on what companies might receive those remaining funds.

Persons: Megan Cassella Organizations: Commerce Department

☆ Does a Smash Hit Like ‘Lion King’ Deserve a $3 Million Tax Break?
▼ + stars: | 2024-05-17 | by ( Jay Root | Michael Paulson | ) www.nytimes.com time to read: 1 min

There is no greater success story on Broadway than “The Lion King.” It is reliably among the top-grossing stage shows in New York, where it has brought in nearly $2 billion over its 26-year run; its global total is five times that amount. The musical’s producer is the theatrical division of the Walt Disney Company, an entertainment industry behemoth that earned $89 billion in revenue during its last fiscal year. And yet, the show was one of roughly four dozen productions that have received millions of dollars in assistance from New York State under a program designed to help a pandemic-hobbled theater industry in New York City. Over the three years since the program was established, New York State has bestowed over $100 million on commercial Broadway productions.

Organizations: Walt Disney Company, New York, New York State Locations: New York, New, New York State, New York City

☆ Boeing may be prosecuted after breaking safety agreement that prevented criminal charges for 737 crashes, US DOJ says
▼ + stars: | 2024-05-14 | by ( Evan Perez | ) edition.cnn.com time to read: +5 min

CNN —The US Justice Department on Tuesday notified Boeing that it breached terms of its 2021 agreement in which the company avoided criminal charges for two fatal 737 Max crashes. The notification comes as the Justice Department conducts a new investigation into Boeing’s operations in the wake the door plug incident. The earlier deal had resolved a fraud investigation related to the company’s development of its 737 Max aircraft. Under its deferred prosecution agreement from January 2021, Boeing paid $2.5 billion in penalties and promised to improve its safety and compliance protocols. In March, the FAA identified more potential safety issues with the engines of the 737 Max and 787 Dreamliner.

Persons: Max, “, Reed O’Connor, Biden, Paul Cassell, ” Cassell, ” Organizations: CNN, US Justice Department, Boeing, Alaska Airlines, Department of Justice, Justice Department, Max, Lion, Justice, Air Force, Transportation Safety Board, Federal Aviation Administration, FAA Locations: United States, Fort Worth , Texas

☆ Opinion | What I Am Listening for in Michael Cohen’s Testimony
▼ + stars: | 2024-05-13 | by ( Andrew Weissmann | ) www.nytimes.com time to read: +1 min

Before the trial started, some observers thought Mr. Cohen would be an indispensable star witness. They said that without Mr. Cohen, the district attorney could not establish the elements of the charged criminal offenses. But having seen the proof laid out meticulously and methodically by the prosecution these past three weeks, I find myself wondering: Do prosecutors even need Michael Cohen as a witness? To be sure, the case would not exist but for Mr. Cohen. But since then, Alvin Bragg, the Manhattan district attorney, has amassed evidence that appears to independently both prove the crime and corroborate Mr. Cohen’s account.

Persons: Donald Trump, Michael Cohen, Mr, Cohen, Robert Mueller’s, Alvin Bragg Locations: New York, Manhattan

Here's how much it costs to own a superyacht — and what that money is going toward. Billionaires like Jeff Bezos, Mark Zuckerberg, and Steve Jobs each spent nine figures on their megayachts. Some superyachts have space for dozens of crewmembers, including a chef, engineer, and masseuse for the guests onboard. If a superyacht has a support yacht — or a support superyacht, in Bezos' case — expect to pay another 10% of that boat's price annually. "If you charter the boat for 50 days a year, it's going to help a lot," Anders Kurtén, the CEO of brokerage firm Fraser Yachts, told BI.

Persons: you'd, Jeff Bezos, Mark Zuckerberg, Steve Jobs, Jeffrey Beneville, Eric Schmidt's, Matthew Fleissig, NFP's Beneville, it's, Anders Kurtén, Beneville Organizations: Palm, NFP, BI, Yachts Locations: South China, Russian, San Diego

☆ My husband quit a job he hated. As the breadwinner, I don't make as much money, but we feel like we can finally breathe again.
▼ + stars: | 2024-05-11 | by ( Katie Matthews | ) www.businessinsider.com time to read: +6 min

My husband was so burned out by the time he quit that he's taking some time before going back to work. I feel the same way now that I'm the one with the job, even temporarily. Admittedly, I can feel resentful that I'm working while he isn't, especially when I've never had a clean break from work, not even when our babies were born. Katie Matthews and her husband appreciate each other more since he quit his job. AdvertisementMy husband still isn't sure what he'll do next, but he's the most hopeful he's been in a long time.

Persons: We've, I'm, I've, It's, we've, it's, haven't, Katie Matthews, he's Organizations: Service, Business

Hans Zimmer Live 2024 is the sixth official touring production in which the famous composer performs live onstage. We've got you covered if you're looking for how to get tickets to Hans Zimmer Live 2024. Hans Zimmer 2024 tour scheduleHans Zimmer has 17 shows confirmed for the North American portion of his 2024 tour, taking him across just as many cities in the United States and Canada. Standard tickets for Hans Zimmer Live on verified resale sites are generally comparable to or less expensive than original ticket prices. Three international dates for Hans Zimmer Live 2024's North American leg are also confirmed.

Persons: Hans Zimmer, he's, King, Christopher Nolan's, Denis Velleneuve's, Zimmer, We've, Hans Zimmer's, Zimmer's Organizations: Business, United, Pirates, Ticketmaster, North, Zimmer's, Odessa Orchestra & Friends, Choir Locations: United States, American, Caribbean, North America, Canada, Duluth , Georgia, Vancouver , British Columbia, York City, Duluth, Hollywood, Raleigh, NC, NY, Baltimore, Boston, Montreal, Toronto, ON, Minneapolis, Chicago, Fort Worth , TX, Denver, Vegas, Los Angeles, CA, Oakland, Seattle, WA, Vancouver, BC, North American, Zimmer's Raleigh, Las Vegas, Dubai, Dortmund, Germany, British Columbia

☆ Kim Kardashian and Kanye West’s daughter North West to costar in ‘Lion King’ concert event at Hollywood Bowl
▼ + stars: | 2024-05-08 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +2 min

“The Lion King at the Hollywood Bowl” live concert event will take place later this month at Los Angeles’ iconic outdoor concert venue the Hollywood Bowl. Tickets are available to purchase now for “The Lion King at the Hollywood Bowl” live concert event, which will take place on May 24 and 25 in Los Angeles. The live concert will eventually be available to stream as a Disney+ Original Special at a later date. West is not the only celebrity child to be attached to the storied “Lion King” franchise in some capacity. Beyoncé and Jay Z’s 12-year–old daughter Blue Ivy Carter is part of the cast of the upcoming “Mufasa” movie – the live-action prequel to “The Lion King.”

Persons: CNN — Kim Kardashian’s, North, King, Heather Headley –, Nala, Lebo, ”, Billy Eichner, Jeremy Irons, Bradley Gibson, Nathan Lane, Jennifer Hudson, Kardashian, Kanye West, “, Jay Z’s, Blue Ivy Carter Organizations: CNN, Hollywood, Broadway, Hollywood Bowl, Los Angeles, Disney Locations: North West, Los, Los Angeles

☆ Why Wall Street is transfixed by a BofA banker's untimely death
▼ + stars: | 2024-05-08 | by ( Reed Alexander | Emmalyse Brownstein | ) www.businessinsider.com time to read: +9 min

The untimely death of a 35-year-old Bank of America associate has sparked a conversation across Wall Street over working conditions. "And to at least just start having those conversations as to how they can make junior bankers work life much better because it's been long overdue. At BofA, 100-plus hour weeks logged by junior bankers aren't unusual, said current and former employees, who questioned whether the firm's system for flagging excessive amounts of work was actually effective. But some junior bankers felt dismayed by an apparent lack of written communication from bank leaders about the incident, this person added. Crushing exhaustion, heightened demandsThe former BofA investment-banking analyst, who was not on Lukenas' team, quit in 2023 after two years.

Persons: Leo Lukenas III, BofA, Lukenas, it's, Goldman Sachs, Lukenas —, —, UMB, Christopher Perkins, Perkins, Les Lukenas, Green, Leo, Reed Alexander, Emmalyse Organizations: Service, of America, Wall, Army, Green Beret, Special Forces, Reuters, New York Office, Business, Bank of America, Investment, Goldman, Heartland Financial, Inc, FIG, Citigroup, Veterans, BI, LinkedIn, Green Berets, Army Special Forces Locations: BofA, London, Wall, ebrownstein@businessinsider.com

☆ What you need to know about Skydance's bid for Paramount, from financing a deal worth $32 billion to its plans for the media empire
▼ + stars: | 2024-05-01 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +6 min

Skydance Media and its largest private-equity backer RedBird Capital Partners have been wooing Paramount for the better part of a year. The Skydance consortium, including fellow Skydance investor KKR, submitted a revised offer on Sunday. The deal would be worth roughly $32 billion, according to the source, with the value of Paramount and its $15 billion in debt making up the lion's share. Here's what we know about the deal, how much Redstone would get, and what a new Paramount would look like. Keeping Paramount public sets the Skydance bid apart from Apollo's potential offer, according to one of the sources.

Persons: Bob Bakish, Shari Redstone's, Tom Cruise, Mario Gabelli, Bakish, Getty, Redstone's, David Ellison, Larry Ellison, Ellison, RedBird, Gerry Cardinale, Goldman Sachs, Goldman, Skydance, Jeff Shell, Ben Affleck, Matt Damon's, Axel Springer Organizations: Skydance Media, RedBird Capital Partners, Paramount, KKR, Business, Ex, CNBC, Apple, New York Yankees, NFL, Bakish, CBS, MTV, Nickelodeon, ' Equity, Amazon Studios, Sony, Apollo, Wall Street Locations: Santa Monica , California, New York City, Skydance, RedBird

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