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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.

Paramount Global (PARAA) has filed a Form 25 with the SEC, notifying the agency that its Class A and Class B common stock will be removed from listing and registration on the Nasdaq Stock Market LLC under Section 12(b) of the Exchange Act. The filing, signed by Nasdaq on 7 Aug 2025, certifies that all exchange rules and SEC requirements for delisting have been met. No financial results, transaction details, or reasons for the delisting are disclosed in this notice.

Paramount Global (PARAA) has filed a consolidated series of Post-Effective Amendment No. 1 (and related amendments) to more than 30 historical Form S-8 registration statements. The purpose is strictly to deregister any shares, options, deferred-compensation obligations or other securities that were previously registered but remain unsold or unissued.

The housekeeping action follows the 8 Aug 2025 closing of the multi-step merger with Skydance Media, whereby the legacy company became a wholly-owned subsidiary of the newly formed Paramount Skydance Corporation. After the Pre-Closing Paramount Merger, New Paramount Merger, Blocker Contribution & Exchange and Skydance Merger were completed, legacy Paramount鈥檚 standalone equity plans ceased to issue securities. Under each original S-8 undertaking, the company is required to file a post-effective amendment to remove any remaining securities from registration, and this filing satisfies that obligation.

No new securities are being offered, and the action has no impact on outstanding shares or current holders. It is a procedural step that formally terminates the listed offerings now that the merger has closed.

Paramount Global filed 29 Post-Effective Amendments to legacy Form S-8 registration statements on 7 Aug 2025, formally deregistering all unsold securities that had been set aside for more than three decades of employee stock, option, savings and deferred-compensation plans originating with Viacom, CBS, Blockbuster, Infinity and other acquired entities. No new securities are being registered and no proceeds will be received.

The action follows the closing of the Skydance transaction: Paramount Merger Sub was merged into Paramount Global on 6 Aug, and on 7 Aug a series of downstream and upstream mergers culminated in Paramount Global becoming a wholly-owned subsidiary of newly created Paramount Skydance Corporation. Legacy benefit plans will therefore cease issuing Paramount Global shares, necessitating the cleanup.

This is an administrative compliance step that eliminates potential dilution from dormant plans and confirms that the Skydance combination is complete. Capital structure, cash flows and operating metrics remain unchanged.