Proposed merger of Skydance Media and Paramount Global
On July 7, 2024, American media companies Skydance Media and Paramount Global announced a definitive agreement to merge in a deal valued at $8 billion, forming a new entity known as "New Paramount". The agreement values the newly formed entity at approximately $28 billion.
Paramount Skydance merger: Media empire behind CBS and …
Jul 8, 2024 · Paramount Global—the sprawling media empire behind CBS, MTV, and one of Hollywood’s most storied movie studios—has agreed to merge with technology scion David Ellison’s Skydance Media,...
Skydance Media - Wikipedia
On July 7, 2024, Skydance announced its intent to merge with Paramount Global in an $8 billion transaction, under an agreement in which Skydance would acquire Paramount's publicly-held controlling shareholder National Amusements, and then …
Paramount agrees to merge with Skydance, ending Redstone era
Jul 8, 2024 · Paramount Global has agreed to merge with Skydance, capping off a monthslong negotiation, in a deal that would see the Redstone family step away from control of the storied movie studio and...
Done Deal: Paramount Global Sells to Skydance Media in $8 …
Jul 8, 2024 · Paramount Global has sold to Skydance Media in an $8 billion deal that merges David Ellison’s company with the legacy Hollywood studio after acquiring controlling shareholder Shari Redstone’s...
Paramount Board’s Special Committee Says It Is “Bound
5 days ago · After multiple offers from Skydance, the company and Paramount agreed on a two-step transaction worth about $8 billion. The dual-class structure of Paramount stock made the fine points of the deal ...
What the Paramount-Skydance Merger Means for Consumers
Jul 9, 2024 · With Skydance set to take control of Paramount, a look at how the deal could change or reshape CBS, Paramount+ and Paramount Pictures.
Skydance offers Paramount critical investment and significant entrees into burgeoning new entertainment and media verticals with clear economic upsides. For example, Skydance brings state-of-the-art interactive and gaming proficiencies, …
Skydance Reaches Deal to Merge With Paramount - The New York Times
Jul 7, 2024 · Paramount and Skydance said on Sunday they had reached an agreement to merge, a deal that would usher in a new era for CBS, Nickelodeon and the film studio behind the “Top Gun” and “Mission:...
Paramount Global to merge with Skydance Media - CBS News
Jul 8, 2024 · Paramount, owner of Paramount Pictures movie and television studios, the CBS television network and CBS News, announced in a news release late Sunday that it is combining with Skydance, an...