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[SCHEDULE 13D/A] Paramount Global SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A
Rhea-AI Filing Summary

Gabelli-affiliated reporting persons state they no longer have any beneficial ownership of Paramount Global Class A common stock following the completion of the issuer's acquisition by Skydance Corporation. The filing lists detailed sales by multiple Gabelli entities and funds executed at $23.00 per share, including a large disposition by GAMCO Asset Management Inc. of 2,532,066 shares and substantial sales by several Gabelli funds (many in the hundreds of thousands of shares). The Schedule shows each reporting person with 0.00 shares and 0.0% of the class.

This disclosure records the unwind of the Gabelli group's positions across corporate and fund accounts and confirms the group ceased to be a holder of 5% or more of the issuer's common stock as a result of the transaction.

I soggetti comunicanti affiliati a Gabelli dichiarano di non avere più alcuna proprietà beneficiaria delle azioni ordinarie Classe A di Paramount Global a seguito del completamento dell'acquisizione dell'emittente da parte di Skydance Corporation. La comunicazione elenca vendite dettagliate effettuate da più entità e fondi Gabelli eseguite a $23.00 per azione, inclusa una consistente cessione da parte di GAMCO Asset Management Inc. di 2,532,066 azioni e rilevanti dismissioni da parte di diversi fondi Gabelli (molti nell'ordine di centinaia di migliaia di azioni). Lo Schedule riporta ciascun soggetto comunicante con 0.00 azioni e con 0.0% della classe.

Questa comunicazione registra lo smobilizzo delle posizioni del gruppo Gabelli tra conti societari e di fondi e conferma che, a seguito della transazione, il gruppo ha cessato di essere detentore del 5% o più delle azioni ordinarie dell'emittente.

Las personas informantes afiliadas a Gabelli señalan que ya no tienen ninguna titularidad beneficiaria de las acciones ordinarias Clase A de Paramount Global tras completarse la adquisición del emisor por Skydance Corporation. La presentación detalla ventas realizadas por múltiples entidades y fondos de Gabelli ejecutadas a $23.00 por acción, incluida una importante disposición por parte de GAMCO Asset Management Inc. de 2,532,066 acciones y ventas sustanciales de varios fondos Gabelli (muchas en el orden de cientos de miles de acciones). El Schedule muestra a cada persona informante con 0.00 acciones y 0.0% de la clase.

Esta divulgación documenta la liquidación de las posiciones del grupo Gabelli en cuentas corporativas y de fondos y confirma que, como resultado de la transacción, el grupo dejó de ser titular del 5% o más de las acciones ordinarias del emisor.

Gabelli 계열의 신고자는 Skydance Corporation에 의한 발행회사의 인수 완료 후 Paramount Global Class A 보통주에 대한 실질적 소유권을 더 이상 보유하지 않음을 보고합니다. 해당 제출서에는 여러 Gabelli 계열사 및 펀드가 주당 $23.00에 실행한 상세 매도 내역이 기재되어 있으며, 그중 GAMCO Asset Management Inc.의 2,532,066주 대규모 처분과 여러 Gabelli 펀드의 상당한 매도(여러 건이 수십만 주 규모)가 포함되어 있습니다. Schedule에는 각 신고자가 0.00주, 즉 전체 주식의 0.0%로 표시되어 있습니다.

이 공시는 법인 및 펀드 계정 전반에 걸친 Gabelli 그룹의 포지션 정리를 기록하며, 이번 거래로 인해 그룹이 발행회사의 보통주 가운데 5% 이상을 보유하지 않게 되었음을 확인합니다.

Les personnes déclarante affiliées à Gabelli indiquent qu'elles ne détiennent plus aucune propriété bénéficiaire des actions ordinaires de classe A de Paramount Global suite à l'achèvement de l'acquisition de l'émetteur par Skydance Corporation. Le dépôt répertorie des ventes détaillées réalisées par plusieurs entités et fonds Gabelli à $23.00 par action, y compris une importante cession par GAMCO Asset Management Inc. de 2,532,066 actions et des ventes substantielles de plusieurs fonds Gabelli (nombreuses de l'ordre de plusieurs centaines de milliers d'actions). Le Schedule indique pour chaque personne déclarante 0.00 action et 0.0% de la catégorie.

Cette divulgation consigne le désengagement des positions du groupe Gabelli sur les comptes d'entreprise et de fonds et confirme que, du fait de la transaction, le groupe a cessé d'être détenteur de 5 % ou plus des actions ordinaires de l'émetteur.

Die mit Gabelli verbundenen meldepflichtigen Personen geben an, nach Abschluss der Übernahme des Emittenten durch Skydance Corporation keine wirtschaftlichen Eigentumsrechte an Paramount Global Class A-Stammaktien mehr zu besitzen. Die Einreichung listet detaillierte Verkäufe mehrerer Gabelli-Einheiten und -Fonds auf, ausgeführt zu $23.00 per share, darunter eine große Veräußerung durch GAMCO Asset Management Inc. von 2,532,066 Aktien sowie erhebliche Verkäufe mehrerer Gabelli-Fonds (viele im Bereich mehrerer hunderttausend Aktien). Der Schedule weist jede meldende Person mit 0.00 Aktien und 0.0% der Klasse aus.

Diese Offenlegung dokumentiert den Abbau der Positionen der Gabelli-Gruppe über Unternehmens- und Fondskonten hinweg und bestätigt, dass die Gruppe infolge der Transaktion kein Inhaber von 5% oder mehr der Stammaktien des Emittenten mehr war.

Positive
  • Reporting persons realized liquidity at a fixed price of $23.00 per share
  • All listed Gabelli reporting persons report zero beneficial ownership (0.00 shares, 0.0%)
  • Disposition activity is explicitly tied to the completion of the Skydance acquisition, clarifying cause of sales
Negative
  • Gabelli group no longer holds a 5% or greater stake, removing a significant activist/influential position
  • Large, coordinated sell-offs across funds and affiliates may reduce the group's ability to influence issuer matters

Insights

TL;DR: Gabelli entities fully exited PARAA at $23.00 per share after Skydance's acquisition; holdings are now zero, removing prior influence.

The Schedule 13D/A documents a complete disposal of Paramount Global Class A shares by multiple Gabelli affiliates and funds. The largest single seller reported is GAMCO Asset Management Inc. with 2,532,066 shares sold at $23.00 per share. Several registered funds and affiliated entities also report six-figure share dispositions, and aggregate beneficial ownership for each reporting person is reported as 0.00 shares (0.0%). For investors, this converts an active, potentially influential holder into a non-holder, which removes a known engagement voice but is a direct consequence of the acquisition closing. Impact rating: 0 (neutral).

TL;DR: Dispositions align with deal completion; Gabelli group divested positions post-acquisition, consistent with transfer of control to Skydance.

The transaction schedule and accompanying Item 5 explanation attribute the sales to the completion of Skydance's acquisition of the issuer. Multiple affiliated entities and funds show coordinated disposals at the same per-share price, indicating settlement mechanics tied to the deal close. The filing confirms the reporting persons no longer hold the issuer's shares and ceased to be 5%+ holders. This is a typical post-closing clean-up disclosure rather than an independent strategic repositioning by the Gabelli group. Impact rating: 0 (neutral).

I soggetti comunicanti affiliati a Gabelli dichiarano di non avere più alcuna proprietà beneficiaria delle azioni ordinarie Classe A di Paramount Global a seguito del completamento dell'acquisizione dell'emittente da parte di Skydance Corporation. La comunicazione elenca vendite dettagliate effettuate da più entità e fondi Gabelli eseguite a $23.00 per azione, inclusa una consistente cessione da parte di GAMCO Asset Management Inc. di 2,532,066 azioni e rilevanti dismissioni da parte di diversi fondi Gabelli (molti nell'ordine di centinaia di migliaia di azioni). Lo Schedule riporta ciascun soggetto comunicante con 0.00 azioni e con 0.0% della classe.

Questa comunicazione registra lo smobilizzo delle posizioni del gruppo Gabelli tra conti societari e di fondi e conferma che, a seguito della transazione, il gruppo ha cessato di essere detentore del 5% o più delle azioni ordinarie dell'emittente.

Las personas informantes afiliadas a Gabelli señalan que ya no tienen ninguna titularidad beneficiaria de las acciones ordinarias Clase A de Paramount Global tras completarse la adquisición del emisor por Skydance Corporation. La presentación detalla ventas realizadas por múltiples entidades y fondos de Gabelli ejecutadas a $23.00 por acción, incluida una importante disposición por parte de GAMCO Asset Management Inc. de 2,532,066 acciones y ventas sustanciales de varios fondos Gabelli (muchas en el orden de cientos de miles de acciones). El Schedule muestra a cada persona informante con 0.00 acciones y 0.0% de la clase.

Esta divulgación documenta la liquidación de las posiciones del grupo Gabelli en cuentas corporativas y de fondos y confirma que, como resultado de la transacción, el grupo dejó de ser titular del 5% o más de las acciones ordinarias del emisor.

Gabelli 계열의 신고자는 Skydance Corporation에 의한 발행회사의 인수 완료 후 Paramount Global Class A 보통주에 대한 실질적 소유권을 더 이상 보유하지 않음을 보고합니다. 해당 제출서에는 여러 Gabelli 계열사 및 펀드가 주당 $23.00에 실행한 상세 매도 내역이 기재되어 있으며, 그중 GAMCO Asset Management Inc.의 2,532,066주 대규모 처분과 여러 Gabelli 펀드의 상당한 매도(여러 건이 수십만 주 규모)가 포함되어 있습니다. Schedule에는 각 신고자가 0.00주, 즉 전체 주식의 0.0%로 표시되어 있습니다.

이 공시는 법인 및 펀드 계정 전반에 걸친 Gabelli 그룹의 포지션 정리를 기록하며, 이번 거래로 인해 그룹이 발행회사의 보통주 가운데 5% 이상을 보유하지 않게 되었음을 확인합니다.

Les personnes déclarante affiliées à Gabelli indiquent qu'elles ne détiennent plus aucune propriété bénéficiaire des actions ordinaires de classe A de Paramount Global suite à l'achèvement de l'acquisition de l'émetteur par Skydance Corporation. Le dépôt répertorie des ventes détaillées réalisées par plusieurs entités et fonds Gabelli à $23.00 par action, y compris une importante cession par GAMCO Asset Management Inc. de 2,532,066 actions et des ventes substantielles de plusieurs fonds Gabelli (nombreuses de l'ordre de plusieurs centaines de milliers d'actions). Le Schedule indique pour chaque personne déclarante 0.00 action et 0.0% de la catégorie.

Cette divulgation consigne le désengagement des positions du groupe Gabelli sur les comptes d'entreprise et de fonds et confirme que, du fait de la transaction, le groupe a cessé d'être détenteur de 5 % ou plus des actions ordinaires de l'émetteur.

Die mit Gabelli verbundenen meldepflichtigen Personen geben an, nach Abschluss der Übernahme des Emittenten durch Skydance Corporation keine wirtschaftlichen Eigentumsrechte an Paramount Global Class A-Stammaktien mehr zu besitzen. Die Einreichung listet detaillierte Verkäufe mehrerer Gabelli-Einheiten und -Fonds auf, ausgeführt zu $23.00 per share, darunter eine große Veräußerung durch GAMCO Asset Management Inc. von 2,532,066 Aktien sowie erhebliche Verkäufe mehrerer Gabelli-Fonds (viele im Bereich mehrerer hunderttausend Aktien). Der Schedule weist jede meldende Person mit 0.00 Aktien und 0.0% der Klasse aus.

Diese Offenlegung dokumentiert den Abbau der Positionen der Gabelli-Gruppe über Unternehmens- und Fondskonten hinweg und bestätigt, dass die Gruppe infolge der Transaktion kein Inhaber von 5% oder mehr der Stammaktien des Emittenten mehr war.






If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D






SCHEDULE 13D






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SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D


GAMCO INVESTORS, INC. ET AL
Signature:PETER D. GOLDSTEIN
Name/Title:GENERAL COUNSEL
Date:08/08/2025
GABELLI FUNDS LLC
Signature:DAVID GOLDMAN
Name/Title:GENERAL COUNSEL
Date:08/08/2025
GAMCO Asset Management Inc.
Signature:DOUGLAS R. JAMIESON
Name/Title:PRESIDENT
Date:08/08/2025
GABELLI & Co INVESTMENT ADVISERS, INC.
Signature:DOUGLAS R. JAMIESON
Name/Title:PRESIDENT
Date:08/08/2025
GABELLI FOUNDATION, INC.
Signature:DAVID GOLDMAN
Name/Title:ATTORNEY-IN-FACT
Date:08/08/2025
MJG ASSOCIATES, INC.
Signature:DAVID GOLDMAN
Name/Title:ATTORNEY-IN-FACT
Date:08/08/2025
GGCP, INC.
Signature:DAVID GOLDMAN
Name/Title:ATTORNEY-IN-FACT
Date:08/08/2025
Associated Capital Group, Inc.
Signature:PETER D. GOLDSTEIN
Name/Title:CHIEF LEGAL OFFICER
Date:08/08/2025
GABELLI MARIO J
Signature:DAVID GOLDMAN
Name/Title:ATTORNEY-IN-FACT
Date:08/08/2025

FAQ

What did the Gabelli reporting persons disclose in the PARAA Schedule 13D/A?

The filing discloses that multiple Gabelli entities and funds sold their Paramount Global Class A shares at $23.00 per share in connection with the issuer's acquisition by Skydance, and that each reporting person now reports 0.00 shares (0.0%).

Which Gabelli entity reported the largest single sale in the filing?

GAMCO Asset Management Inc. reported the largest single sale listed: 2,532,066 shares sold at $23.00 per share.

Do the reporting persons still hold 5% or more of PARAA after the transactions?

No. The Schedule states the reporting persons ceased to be beneficial owners of 5% or more of the issuer's common stock as a result of the acquisition and subsequent dispositions.

Were the sales linked to a corporate event?

Yes. The filing attributes the transactions and the reporting persons' loss of ownership to the completion of the issuer's acquisition by Skydance Corporation.

At what price were the shares sold according to the filing?

All listed transactions in the table show a sale price of $23.00 per share.
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