BUZZ-Paramount edges up; report says talks on Sunday NFL games deal shaping up
Reuters03-14
BUZZ-Paramount edges up; report says talks on Sunday NFL games deal shaping up
** Shares of Paramount Skydance PSKY.O edges up 0.2% at $9.82 in volatile trading
** The NFL and PSKY's renewal talks on a deal to keep the league's Sunday games on CBS are beginning to take shape, CNBC reports, citing two people familiar with the talks
** NFL and CBS executives are negotiating a price increase, with a bid-ask spread midpoint around 50% or 60% - report
** A 50% increase would mean CBS would pay more than $3 billion in its next deal - report
** CBS currently pays around $2.1 billion a year, on average, for its Sunday afternoon games - report
** As of last close, PSKY down ~27% this year; the stock rose ~28% in 2025
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