The redemption price for the 4.750% senior notes is equal to the sum of 100% of the principal amount of the 4.750% senior notes that remain outstanding, the make-whole amount calculated in accordance with the terms of the 4.750% senior notes and the related indenture under which the 4.750% senior notes were issued, and the accrued and unpaid interest on the remaining 4.750% senior notes up to, but excluding, the redemption date of December 27, 2024 . The aggregate principal amount of the 4.750% senior notes outstanding and the aggregate principal amount of the 4.750% senior notes to be redeemed is as set forth below: Holders owning 4.750% senior notes through a broker, bank, or other nominee should contact that party for information. For more information, holders of the 4.750% senior notes may call the paying agent for the redemption of the 4.750% senior notes, Deutsche Bank Trust Company Americas at (800) 735-7777. About Paramount Paramount Global (NASDAQ: PARA, PARAA) is a leading global media, streaming and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic consumer brands, its portfolio includes CBS, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+ and Pluto TV. The Company holds one of the industry's most extensive libraries of TV and film titles. In addition to offering innovative streaming services and digital video products, the Company provides powerful capabilities in production, distribution, and advertising solutions. Cautionary Note Concerning Forward-Looking Statements This communication contains both historical and forward-looking statements, including statements related to our future results, performance and achievements. All statements that are not statements of historical fact are, or may be deemed to be, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Similarly, statements that describe our objectives, plans or goals are or may be forward-looking statements. These forward-looking statements reflect our current expectations concerning future results and events; generally can be identified by the use of statements that include phrases such as "believe," "expect," "anticipate," "intend," "plan," "foresee," "likely," "will," "may," "could," "estimate" or other similar words or phrases; and involve known and unknown risks, uncertainties and other factors that are difficult to predict and which may cause our actual results, performance or achievements to be different from any future results, performance or achievements expressed or implied by these statements. These risks, uncertainties and other factors include, among others: risks related to our streaming business; the adverse impact on our advertising revenues as a result of advertising market conditions, changes in consumer viewership and deficiencies in audience measurement; risks related to operating in highly competitive and dynamic industries, including cost increases; the unpredictable nature of consumer behavior, as well as evolving technologies and distribution models; risks related to our ongoing changes in business strategy, including investments in new businesses, products, services, technologies and other strategic activities; the potential for loss of carriage or other reduction in or the impact of negotiations for the distribution of our content; damage to our reputation or brands; losses due to asset impairment charges for goodwill, intangible assets, FCC licenses and content; liabilities related to discontinued operations and former businesses; risks related to environmental, social and governance (ESG) matters; evolving business continuity, cybersecurity, privacy and data protection and similar risks; content infringement; domestic and global political, economic and regulatory factors affecting our businesses generally; disruptions to our operations as a result of labor disputes; the inability to hire or retain key employees or secure creative talent; volatility in the prices of the Companyʼs common stock; potential conflicts of interest arising from our ownership structure with a controlling stockholder; business uncertainties, including the effect of the Skydance transactions on the Companyʼs employees, commercial partners, clients and customers, and contractual restrictions while the Skydance transactions are pending; prevention, delay or reduction of the anticipated benefits of the Skydance transactions as a result of the conditions to closing the Skydance transactions; the Transaction Agreementʼs limitation on our ability to pursue alternatives to the Skydance transactions; risks related to a failure to complete the Skydance transactions, including payment of a termination fee and negative reactions from the financial markets and from our employees, commercial partners, clients and customers; risks related to change in control or other provisions in certain agreements that may be triggered by the Skydance transactions; litigation relating to the Skydance transactions potentially preventing or delaying the closing of the Skydance transactions and/or resulting in payment of damages; challenges realizing synergies and other anticipated benefits expected from the Skydance transactions, including integrating the Companyʼs and Skydanceʼs businesses successfully; potential unforeseen direct and indirect costs as a result of the Skydance transactions; any negative effects of the announcement, pendency or consummation of the Skydance transactions on the market price of the Companyʼs common stock and New Paramount Class B Common Stock; and other factors described in our news releases and filings with the Securities and Exchange Commission, including but not limited to our most recent Annual Report on Form 10-K and reports on Form 10-Q and Form 8-K. There may be additional risks, uncertainties and factors that we do not currently view as material or that are not necessarily known. The forward-looking statements included in this communication are made only as of the date of this communication, and we do not undertake any obligation to publicly update any forward-looking statements to reflect subsequent events or circumstances. PARA-IR View original content to download multimedia: https://www.prnewswire.com/news-releases/paramount-global-announces-redemption-of-its-4-750-senior-notes-due-may-2025--302334251.html SOURCE Paramount GlobalFREDERICTON - Some nasty weather is headed toward parts of the Maritimes over the next few days, bringing with it a mix of freezing rain, rain and snow. Environment Canada said Fredericton could see freezing rain Sunday, followed by rain and a mix of rain and snow late on New Year’s Day. Temperatures in the region could possibly climb to 8 C on Monday with the mercury dropping down to -6 C on New Year’s Eve night. The forecast for Charlottetown includes periods of freezing drizzle for Sunday and then rain until the end of the year, with temperatures going up to 8 C. Halifax is also expected to see periods of drizzle and rain through to New Year’s Day, with the mercury set to reach 8 C on New Year’s Eve. Darin Borgel, a meteorologist for Environment Canada, said the entire northeastern areas are going to see “a bit of a warm up” for a few days. But the temperatures are above normal for this time of year, he said. The land mass is “quite cold” while the ocean is “still quite warm” and that contrast brings these changing weather and temperature patterns, he said. “Our winters are normally very, very changeable like that. So we get from one extreme to the other in terms of warm up, cool down, warm up, cool down,” Borgel said. “But (these temperatures) are higher than the normal climatological average.” The European climate agency Copernicus said last month that for the second year in a row, Earth will almost certainly be the hottest it’s ever been. And for the first time, the globe this year reached more than 1.5 degrees Celsius of warming compared to the pre-industrial average. The Maritimes — like the rest of Canada — are not immune from a warming climate, said Donald Wright, a University of New Brunswick professor of political science and a contributor to Yale Climate Connections at Yale University. Although the science of attributing weather events to climate breakdown is getting better and better, it is still hard to attribute a single weather event such as freezing rain followed by rain and warmer temperatures in December, said Wright. But it can be said with “absolute certainty” that long-term weather patterns in New Brunswick are changing due to global heating caused by the burning of fossil fuels and the accumulation of greenhouse gases in the atmosphere, he added. “It ain’t rocket science,” Wright said. “Changing weather patterns — including more rain events and fewer snow events in New Brunswick — is sometimes called global weirding. If the weather seems weird it’s because it is.” This report by The Canadian Press was first published Dec. 28, 2024. — With files from The Associated Press.A private mission to the moon will launch next month to pave the way for humanity's return to the lunar surface. Ghost Riders in the Sky - the mission name chosen by US start-up Firefly Aerospace - will target a landing in the Sea of Crisis, a dark patch the size of Britain on the near-side of the moon. The Blue Ghost lunar lander will carry 10 scientific instruments and technology demonstrations to the surface as part of NASA's partnership with commercial operators. Jason Kim, chief executive officer of Firefly Aerospace, said the space agency had paid a fixed price of $101m (£80m) for the mission, a low cost only achievable with technology innovation. "We believe in a future of a very robust lunar economy," he said. "It is the gateway to other planets, like Mars. And so enabling the frequency of very affordable and high science-value missions is what private industry is doing with this first Blue Ghost mission." The spacecraft, which is the size of a large shed, will launch from the Kennedy Space Centre in Florida in mid-January, or soon after, and take 45 days to reach the moon. It'll land autonomously on shock-absorbing feet and short legs to reduce the risk of it toppling over, a fate suffered by Intuitive Machine's Nova-C spacecraft in the south pole region of the moon last February. Read more from Sky News: Sara Sharif's father and stepmother jailed for her murder Luigi Mangione charged after healthcare boss shooting Illegal casinos using video game to draw children into gambling Mission will study lunar dust Several of its technology demonstrations are for dealing with regolith, or lunar dust. A 'PlanetVac' will vacuum up and analyse lunar samples and an electromagnetic dust shield will be tested to see if it can protect delicate instruments. Ryan Watkins, a NASA programme scientist, said: "The moon is quite a dusty area. As we design technologies for the lunar surface, regolith needs to be better understood. "Lunar dust can affect mechanical components and human health, so we need to know how to account for its effects." Follow our channel and never miss an update. Be the first to get Breaking News Install the Sky News app for free Recording a lunar sunset in high-definition Blue Ghost will remain operational on the surface for 14 days. One of its final tasks will be to record high-definition video of a lunar sunset. It should provide the first quality imagery of the lunar glow, a phenomenon caused by dust particles floating several centimetres above the surface. Mr Kim said the video would be a fitting tribute to the last man to walk on the moon, who sketched what he saw in the fading light. "We expect to capture a phenomenon seen and documented by Eugene Cernan during his final steps of Apollo 17, where he observed a glow as the lunar dust levitated on the lunar surface," he said.
Sweet Security Introduces Evolutionary Leap in Cloud Detection and Response, Releasing First Unified Detection & Response Platform
Mollie Marcoux Samaan is out as LPGA commissioner, meaning one of the biggest women’s professional sports organizations in the world is seeking new leadership at a time of exploding popularity in women’s sports. Marcoux Samaan’s tenure was plagued by high-profile missteps — zero players showing up for an important sponsor event, and transportation issues causing fans to miss the start of the Solheim Cup, for instance — but it was not without its positives. Purses have continued to rise — Jeeno Thitikul earned $4 million for winning the LPGA CME Group Tour Championship, which well exceeds the salary cap for an entire WNBA franchise. Fan interest is growing, at the same time. She also faced a difficult situation upon her hiring in 2021, going from Princeton athletic director to succeeding the popular, highly communicative Mike Whan. Advertisement So what will the next commissioner inherit? Here are five distinct challenges the LPGA is facing, from its place on TV to its policy on transgender athletes: Title sponsors are leaving Marcoux Samaan leaves just as the tour is announcing a record-setting prize fund for 2025 , but the tour has simultaneously been riddled with controversy, disappointment and even major sponsor departures from big-name tournaments. The LPGA’s Founder’s Cup lost its long-time title sponsor, Cognizant — a Fortune 500 and NASDAQ company — ahead of the 2025 season. The tournament honors the tour’s 13 founding members and was won in 2024 by world No. 1 Nelly Korda. It’ll replace the Drive On Championship, another event held without a sponsor in 2024. Sponsors have filtered in and out of the tour throughout the years, notably the ANA Inspiration transitioning to the Chevron Championship — a major rebrand (and relocation) of one of the tour’s five majors. The U.S. Women’s Open was formerly the only LPGA major without a sponsor name carried in its title until Ally Financial joined as a multi-year partner in early 2024. Marcoux Samaan has also had a turbulent relationship with its current and ongoing sponsors, namely CME Group, the title sponsor of the tour’s season-ending championship. Terry Duffy, the company’s CEO, blasted leadership in 2022 after players failed to show up for an important sponsor gathering, according to Golfweek. Then, ahead of this year’s CME Group Tour Championship, Duffy expressed public frustration with the tour’s inconsistent TV broadcast windows. The Saturday round of the event was only shown on tape delay. “That’s (expletive), isn’t it?” Duffy said to reporters on site. The tour’s future commissioner will face important conversations with current sponsors approaching contract renewals in the wake of Cognizant’s departure, in addition to maintaining and repairing ongoing relationships. Advertisement TV is a problem The next commissioner will take over a tricky television situation. Right as women’s golf (and women’s sports across the board) are having a major moment, the LPGA is fighting to ensure its events are being seen. It’s become a popular criticism toward the tour and the networks that sometimes big tournaments are aired on tape delay or only watchable live on Peacock, NBC’s streaming service. The problem is it’s not as simple as networks giving proper coverage. 🚨😞👱🏻♀️ #PRETTY SAD — Lexi Thompson takes to Instagram with complaints over tomorrow’s split tee start, adding that she would have liked to finish up on 18 as opposed to #9. @LexiLegion pic.twitter.com/CkWRz3md3A — NUCLR GOLF (@NUCLRGOLF) November 23, 2024 The LPGA does not have its own TV rights contract. It agreed with the PGA Tour in 2020 to negotiate a joint deal worth $700 million with CBS, NBC and ESPN, and it’s locked into that deal through 2030. The PGA Tour has the greater power in that deal — PGA Tour Commissioner Jay Monahan said in a December 2020 deposition that more than 95 percent of money went to the men at the time. While the exact amount the LPGA receives each year is unknown, it is safe to say the PGA Tour properties still receive the overwhelming majority. A PGA Tour representative told The Athletic there’s no written allocation of rights fees for the LPGA in the agreement, and it’s ultimately based on how much programming is delivered. But who decides that? Well, PGA Tour events draw viewerships in the millions, while most LPGA events are measured in hundreds of thousands. And the PGA Tour also pushes its other properties, the Champions Tour and Korn Ferry Tour, to the rights holders, including Golf Channel. But it’s even more complicated than that. TV windows are often locked in months and even years in advance, and the PGA Tour works to submit its tournament dates as early as possible. The same goes for its other properties. Advertisement The LPGA Tour is often slower to get sponsorship deals and events solidified, according to people familiar with discussions, meaning schedules are proposed later to the networks. Quite often when LPGA events are on tape delay, it’s because certain coverage windows are already taken and the networks can’t unilaterally change it even they wanted to. On top of that, the LPGA sometimes schedules events directly in competition with substantial events like men’s major championships despite broadcast partners suggesting otherwise. Marcoux Samaan has admitted to this scheduling issue, recently telling Sports Business Journal : “When we can sell partnerships earlier and we know what our schedule is earlier, then we can work more closely with Golf Channel, NBC, CBS, ESPN+ to plan out the schedule as best as we can,” she said. “And then continue to stress why it’s important to be on at the right time.” Ultimately, the issue may be more connected to issues locking down long-term sponsorship deals. The entire situation frustrated the players. “The CME is a perfect example. On Sunday, having to do split tees and tee off early in the day as well, it’s just not the way that a Tour Championship should be,” said one player, speaking on the condition of anonymity. But would it be better to negotiate their own deal down the road? That’s up for debate. While it does have its own deal with ESPN+ for live streams through 2025, it joined the men’s broadcast rights deal as the PGA Tour got a 70 percent increase. Monahan testified: “(T)hey would have received several million dollars of additional media rights revenue in 2020 than they did in 2019,” indicating that being paired with the men’s tours adds money for the women. Transgender rights Transgender professional golfer Hailey Davidson recently competed in the LPGA qualifying series and earned partial status on the Epson Tour, the LPGA’s developmental tour. Davidson’s emergence has reignited interest in the LPGA’s stance on the issue, and the lack of updates regarding the shaping of the LPGA’s gender policy has been a source of frustration to some LPGA players. Lauren Miller, Hannah Arnold, Dana Fall and Amy Olson have all publicly backed the Independent Women’s Forum’s efforts to bar Davidson and other future transgender athletes from competing on the LPGA Tour. Advertisement The tour’s gender policy , as stated on the LPGA website, reads: “Individuals who have undergone gender reassignment from male to female after puberty are eligible for membership and/or participation in tournaments, provided they comply with the eligibility requirements set forth below and provide certain documentation to LPGA (the suitability and acceptance of each as determined in LPGA’s sole discretion) in accordance with this policy.” In 2010, LPGA players voted to remove the “female at birth” clause from its policy shortly after a transgender woman sued the tour in federal court. Marcoux Samaan said in August that the LPGA is reviewing its policy and expects to update it by the end of the year. Bring out the stars The commotion created by Caitlin Clark’s appearance at The Annika last month was a win for the tournament and the LPGA — one of the biggest sports stars in the world announced herself as a recreational golfer and LPGA fan. You can pay for a star to show up at your event, but you can’t make it come across as authentic and Clark did that in Bellair, Fla. But there was also a tell in the way that some LPGA stars described Clark — Rose Zhang spoke about how Clark has a “star vibe” and seemed to almost look up to the WNBA Rookie of the Year. It was an oddly uneven dynamic given that Clark, 22, is only a year older than Zhang, and they were looked upon as collegiate phenoms at the same time. The Clark/Nelly Korda pro-am pairing was on much more equal footing, but it also illustrated the popularity gap between the most popular women’s basketball player and the most popular women’s golfer. You cannot make someone into Caitlin Clark — generations of basketball players all strained to push the proverbial boulder up the mountain, only for her to come along and make it look easy to generate record-setting TV ratings and attendance figures. The next LPGA commissioner will, however, have to find a way to make the most out of the gift that is Korda, and develop Zhang and the next generation into marketable, bankable stars. Advertisement The PIF threat A little over a year into her tenure as commissioner, Marcoux Samaan addressed tour membership in a letter. She expressed her desire to communicate with players about discussions of a merger with the Ladies European Tour, according to Golf Digest . The deal would expand upon the current joint venture that the LPGA and LET announced in 2019. Golf Saudi is a central LET partner and hosts the annual Aramco Saudi Ladies International and the multi-tournament Aramco Team Series. It is a component of Crown Prince Mohamad bin Salman’s Vision 2030, the long-term financial plan to diversify the kingdom’s investments and cleanse its global image. Golf Saudi’s chairman is Yasir Al-Rumayyan, who also serves as the head of the Saudi Public Investment Fund — the backer of LIV Golf. The stars of the women’s game such as Korda and Lexi Thompson have participated and benefitted by winning Golf Saudi-backed Aramco events. But the plans to officially merge the LPGA and LET have been stalled since the initial talks began. Initial LPGA player votes were suspended indefinitely, reportedly due to an inquiry from Golf Saudi, and have continued to be postponed at the last minute. LPGA players were frustrated about the rollout of the proposed merger, as its implementation could reduce available tour cards. On the LET side, votes were planned and then postponed during last season’s LET Q-School and at the 2024 Dutch Ladies Open. At a player meeting at La Sella Golf Resort in Spain in September, LET officials told players that the LPGA had not decided on the status of the merger vote, according to an active LET member who was granted anonymity because she was not authorized to speak about the meeting publicly. Increased transparency regarding the ongoing discussions of an LPGA-LET merger were once a central talking point of Marcoux Samaan’s but has now been delayed to the point of player frustration. The lack of communication on a complicated subject will add another layer to the duties of an incoming commissioner. The topic is particularly timely with the added factor of the PGA Tour-PIF negotiations, which have been unsettled since a framework agreement was announced on June 6, 2023. (Top photo of Mollie Marcoux Samaan: Michael Reaves / Getty Images)SEATTLE (AP) — The Seattle Seahawks took a bumpy path to sole possession of first place in the NFC West. Read this article for free: Already have an account? To continue reading, please subscribe: * SEATTLE (AP) — The Seattle Seahawks took a bumpy path to sole possession of first place in the NFC West. Read unlimited articles for free today: Already have an account? SEATTLE (AP) — The Seattle Seahawks took a bumpy path to sole possession of first place in the NFC West. Sunday’s 26-21 win over the Jets featured several special teams miscues, including a 99-yard kickoff return for a touchdown by New York. On the flip side, the Seahawks got their second pick-6 in as many weeks and just enough production by Geno Smith and the offense. The Seahawks’ uneven performance was characteristic of a season in which they started 3-0, then lost five of six before winning another three in a row to take command of their underachieving division. Seattle (7-5) leads Arizona by one game, with a matchup against the Cardinals looming next weekend. Zach Charbonnet gave Seattle its first lead of the day on an 8-yard touchdown run with 5:37 to go, and the Seahawks’ defense capped another strong outing with a game-sealing stop on fourth down. After a sack by Leonard Williams gave the Jets a fourth-and-15 at the 34-yard line, Aaron Rodgers threw a desperation pass to Garrett Wilson that fell incomplete, giving Seattle the ball with 33 seconds left. What’s working Williams is on a tear. After losing out on NFC defensive player of the week honors last week to teammate Coby Bryant despite 2 1/2 sacks and four quarterback hits, “Big Cat” had an even better game. Williams finished with two sacks, three tackles for loss, a 92-yard interception return for a touchdown that was the longest pick-6 in NFL history by a defensive lineman, and a blocked extra point. The touchdown was the first of Williams’ career. He became the first player since 1982 with multiple sacks, an interception return for a touchdown and a blocked kick in a game. Maybe this week the league will agree he was the NFC’s best defender. What needs help The special teams could not have been much worse in the first half. The Seahawks fumbled three kickoffs, losing two, and allowed Kene Nwangwu’s 99-yard kickoff return for a TD. Dee Williams fumbled on a kickoff in the first quarter to give New York the ball at the 27-yard line, and four plays later, Rodgers hit Isaiah Davis for a touchdown to give the Jets a 14-0 lead. Laviska Shenault Jr. muffed two kicks and fumbled at the Seattle 38-yard line in the second quarter. Seattle also had an extra point blocked. Stock up Smith led his third game-winning drive of the season and his 11th since he became Seattle’s starting quarterback in 2022. Facing the team that drafted him in 2013, Smith went 20 of 31 for 206 yards and a touchdown. For the first time in five weeks, he was not intercepted. The Seahawks trailed by 14 points on two occasions, but Smith brought Seattle back while avoiding the untimely picks that dogged him recently. He threw a 12-yard touchdown pass to A.J. Barner in the second quarter, and led the Seahawks on a go-ahead nine-play, 71-yard touchdown drive late in the fourth quarter. Stock down Coach Mike Macdonald and his staff have to address the problem with their kick returners, Shenault and Dee Williams. Two lost fumbles and several muffs could have easily cost Seattle the game. Injuries WR DK Metcalf left the game briefly with a knee issue but returned. ... P Michael Dickson was unavailable in the fourth quarter because of back spasms. Key number 38 — The Seahawks decided to go for it on fourth-and-6 at their own 33-yard line with 9:34 left in the game. A primary reason was that Dickson was unavailable to punt because of back spasms. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. The Jets were flagged for having 12 men on the field after sending a punt returner out, which gave Seattle fourth-and-1 at the 38. The Seahawks got a first down after Jets cornerback Quantez Stiggers was flagged for pass interference on Metcalf, and eight players later, Charbonnet scored to put Seattle ahead. Without going for it on fourth down from their own 38, the Seahawks likely would’ve lost. Up next The Seahawks will seek a season sweep of the Cardinals. ___ AP NFL: https://apnews.com/hub/nfl Advertisement Advertisement
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